Squarepoint Ops LLC Buys 92,697 Shares of ExlService Holdings, Inc. $EXLS

Squarepoint Ops LLC grew its stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 85.0% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 201,805 shares of the business services provider’s stock after acquiring an additional 92,697 shares during the period. Squarepoint Ops LLC’s holdings in ExlService were worth $5,219,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of EXLS. Fox Run Management L.L.C. bought a new stake in ExlService during the fourth quarter valued at approximately $1,455,000. Counterpoint Mutual Funds LLC bought a new position in shares of ExlService in the 1st quarter worth $4,767,000. Rothschild Investment LLC increased its holdings in shares of ExlService by 2,883.0% in the 4th quarter. Rothschild Investment LLC now owns 65,894 shares of the business services provider’s stock worth $2,797,000 after buying an additional 63,685 shares during the last quarter. Walleye Capital LLC raised its position in shares of ExlService by 1,422.3% during the 1st quarter. Walleye Capital LLC now owns 244,509 shares of the business services provider’s stock valued at $7,445,000 after buying an additional 228,447 shares in the last quarter. Finally, OP Asset Management Ltd purchased a new stake in shares of ExlService during the 1st quarter valued at $3,412,000. 92.92% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

EXLS has been the subject of several research reports. Robert W. Baird set a $45.00 target price on shares of ExlService and gave the stock an “outperform” rating in a research report on Thursday, July 30th. Barrington Research set a $43.00 price objective on ExlService in a report on Thursday, July 30th. Wall Street Zen lowered ExlService from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings raised ExlService from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, September 2nd. Finally, TD Cowen restated a “buy” rating and issued a $45.00 target price (up from $43.00) on shares of ExlService in a research report on Thursday, August 27th. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $44.50.

Insider Activity

In other news, insider Vikas Bhalla sold 11,000 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $34.99, for a total value of $384,890.00. Following the transaction, the insider owned 130,295 shares in the company, valued at approximately $4,559,022.05. This trade represents a 7.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.66% of the company’s stock.

ExlService Trading Up 1.8%

NASDAQ EXLS opened at $35.26 on Friday. The firm has a market cap of $5.35 billion, a PE ratio of 22.18, a price-to-earnings-growth ratio of 1.39 and a beta of 0.81. ExlService Holdings, Inc. has a 1-year low of $24.85 and a 1-year high of $44.32. The stock has a 50-day moving average of $33.17 and a 200-day moving average of $30.88.

ExlService (NASDAQ:EXLS) last posted its quarterly earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.04. The business had revenue of $594.76 million for the quarter, compared to analyst estimates of $573.94 million. ExlService had a return on equity of 30.61% and a net margin of 11.17%.ExlService’s revenue for the quarter was up 15.6% compared to the same quarter last year. During the same period last year, the company earned $0.49 EPS. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. As a group, equities research analysts forecast that ExlService Holdings, Inc. will post 1.82 earnings per share for the current fiscal year.

About ExlService

ExlService Holdings, Inc (NASDAQ: EXLS), operating as EXL, is a global data analytics and digital operations company. It helps businesses use data, artificial intelligence and automation to improve decision-making, streamline processes and enhance customer experiences.

EXL provides services including advanced analytics, artificial intelligence, digital transformation, business process management, finance and accounting, customer care, claims administration, underwriting support and other industry-specific operations.