Hsbc Holdings PLC Takes $8.39 Million Position in ExlService Holdings, Inc. $EXLS

Hsbc Holdings PLC bought a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 330,181 shares of the business services provider’s stock, valued at approximately $8,391,000.

Several other institutional investors have also bought and sold shares of EXLS. Fox Run Management L.L.C. purchased a new stake in ExlService during the 4th quarter worth about $1,455,000. UBS Group AG increased its holdings in shares of ExlService by 103.6% in the 4th quarter. UBS Group AG now owns 1,091,714 shares of the business services provider’s stock valued at $46,332,000 after acquiring an additional 555,382 shares during the last quarter. Counterpoint Mutual Funds LLC acquired a new stake in shares of ExlService during the 1st quarter worth about $4,767,000. Rothschild Investment LLC raised its position in shares of ExlService by 2,883.0% during the 4th quarter. Rothschild Investment LLC now owns 65,894 shares of the business services provider’s stock worth $2,797,000 after acquiring an additional 63,685 shares in the last quarter. Finally, OP Asset Management Ltd purchased a new stake in ExlService during the first quarter worth approximately $3,412,000. Institutional investors own 92.92% of the company’s stock.

Insider Buying and Selling at ExlService

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

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Robert W. Baird set a $45.00 price target on ExlService and gave the company an “outperform” rating in a report on Thursday, July 30th. Weiss Ratings raised shares of ExlService from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, August 19th. TD Cowen restated a “buy” rating and set a $45.00 price objective (up from $43.00) on shares of ExlService in a research report on Thursday. Barrington Research set a $43.00 target price on shares of ExlService in a report on Thursday, July 30th. Finally, Needham & Company LLC increased their target price on shares of ExlService from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $44.50.

ExlService Stock Performance

ExlService stock opened at $38.40 on Friday. The company has a market capitalization of $5.82 billion, a P/E ratio of 24.15, a PEG ratio of 1.53 and a beta of 0.80. ExlService Holdings, Inc. has a fifty-two week low of $24.85 and a fifty-two week high of $45.08. The stock has a 50-day simple moving average of $31.13 and a 200-day simple moving average of $30.46.

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

ExlService Company Profile

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.