State of Wyoming Buys Shares of 16,992 ExlService Holdings, Inc. $EXLS

State of Wyoming purchased a new stake in ExlService Holdings, Inc. (NASDAQ:EXLS) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 16,992 shares of the business services provider’s stock, valued at approximately $439,000.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. lifted its position in ExlService by 9.5% in the fourth quarter. JPMorgan Chase & Co. now owns 5,927,793 shares of the business services provider’s stock valued at $251,576,000 after buying an additional 514,911 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of ExlService by 109.7% in the 4th quarter. AQR Capital Management LLC now owns 4,118,625 shares of the business services provider’s stock worth $174,794,000 after acquiring an additional 2,154,652 shares during the last quarter. Handelsbanken Fonder AB boosted its position in shares of ExlService by 10.7% during the 4th quarter. Handelsbanken Fonder AB now owns 3,781,036 shares of the business services provider’s stock worth $160,467,000 after purchasing an additional 364,146 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of ExlService by 1.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,902,412 shares of the business services provider’s stock worth $123,181,000 after purchasing an additional 32,734 shares during the period. Finally, Squarepoint Ops LLC increased its holdings in ExlService by 71.7% in the 3rd quarter. Squarepoint Ops LLC now owns 1,689,373 shares of the business services provider’s stock valued at $74,383,000 after purchasing an additional 705,509 shares during the last quarter. 92.92% of the stock is currently owned by hedge funds and other institutional investors.

ExlService Stock Down 0.7%

ExlService stock opened at $34.56 on Tuesday. The firm has a market cap of $5.24 billion, a PE ratio of 21.74, a price-to-earnings-growth ratio of 1.40 and a beta of 0.80. ExlService Holdings, Inc. has a 52-week low of $24.85 and a 52-week high of $45.08. The company’s 50 day moving average is $29.47 and its two-hundred day moving average is $30.31.

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

Insiders Place Their Bets

In other ExlService news, EVP Ajay Ayyappan sold 5,093 shares of the stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $29.11, for a total value of $148,257.23. Following the sale, the executive vice president owned 48,994 shares of the company’s stock, valued at $1,426,215.34. This trade represents a 9.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vikas Bhalla sold 12,000 shares of ExlService stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $30.22, for a total value of $362,640.00. Following the completion of the transaction, the insider owned 153,295 shares of the company’s stock, valued at $4,632,574.90. The trade was a 7.26% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 28,093 shares of company stock valued at $895,787. 3.66% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Barrington Research set a $43.00 target price on ExlService in a research report on Thursday, July 30th. Weiss Ratings lowered ExlService from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, June 30th. Robert W. Baird set a $45.00 price objective on ExlService and gave the company an “outperform” rating in a research note on Thursday, July 30th. Needham & Company LLC boosted their price objective on ExlService from $40.00 to $45.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. raised their target price on ExlService from $42.00 to $43.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Six analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $43.50.

About ExlService

ExlService Holdings, Inc (NASDAQ: EXLS) is a global operations management and analytics company that partners with clients in insurance, healthcare, banking, and financial services to drive digital transformation and operational excellence. The firm delivers analytics-driven solutions and business process outsourcing services, including claims adjudication, finance and accounting, data management, and customer service support. ExlService combines domain expertise with advanced analytics, artificial intelligence, and automation technologies to help organizations optimize processes, enhance customer experiences, and manage risk.

Founded in 1999 and headquartered in New York City, ExlService has grown through a mix of organic expansion and strategic acquisitions, earning recognition for its data analytics capabilities and industry-specific knowledge.