ExlService Holdings, Inc. $EXLS Stake Decreased by Leeward Investments LLC MA

Leeward Investments LLC MA trimmed its position in ExlService Holdings, Inc. (NASDAQ:EXLS) by 5.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 273,421 shares of the business services provider’s stock after selling 15,826 shares during the quarter. Leeward Investments LLC MA’s holdings in ExlService were worth $9,400,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. GK Wealth Management LLC purchased a new position in ExlService during the third quarter valued at approximately $58,000. Farther Finance Advisors LLC increased its holdings in ExlService by 100.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,107 shares of the business services provider’s stock worth $72,000 after acquiring an additional 1,055 shares during the period. Versant Capital Management Inc lifted its stake in ExlService by 14.6% in the 3rd quarter. Versant Capital Management Inc now owns 2,261 shares of the business services provider’s stock worth $78,000 after purchasing an additional 288 shares in the last quarter. Westpac Banking Corp bought a new position in ExlService in the 1st quarter valued at $71,000. Finally, Transamerica Financial Advisors LLC bought a new position in ExlService in the 2nd quarter valued at $60,000. 92.92% of the stock is currently owned by institutional investors.

Insider Activity at ExlService

In other news, insider Vikas Bhalla sold 11,000 shares of the firm’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $35.38, for a total transaction of $389,180.00. Following the sale, the insider owned 109,295 shares in the company, valued at approximately $3,866,857.10. This trade represents a 9.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Needham & Company LLC upped their price target on shares of ExlService from $40.00 to $45.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Wall Street Zen upgraded ExlService from a “hold” rating to a “buy” rating in a research report on Saturday, September 26th. Barrington Research set a $43.00 price objective on ExlService in a research note on Thursday, July 30th. Weiss Ratings upgraded ExlService from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, September 2nd. Finally, Robert W. Baird set a $45.00 target price on ExlService and gave the stock an “outperform” rating in a research report on Thursday, July 30th. Six equities 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, ExlService currently has an average rating of “Moderate Buy” and an average price target of $44.50.

ExlService Price Performance

Shares of EXLS opened at $42.30 on Monday. The firm’s 50 day simple moving average is $36.83 and its 200 day simple moving average is $32.20. The company has a market capitalization of $6.41 billion, a P/E ratio of 26.60, a P/E/G ratio of 1.70 and a beta of 0.84. ExlService Holdings, Inc. has a 1-year low of $24.85 and a 1-year high of $43.88.

ExlService (NASDAQ:EXLS) last announced its earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $573.94 million. During the same period in the previous year, the business posted $0.49 earnings per share. ExlService’s revenue for the quarter was up 15.6% on a year-over-year basis. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. On average, equities analysts anticipate that ExlService Holdings, Inc. will post 1.82 earnings per share for the current year.

ExlService Profile

ExlService Holdings, Inc, operating under the EXL brand, is a data analytics and digital operations company that helps businesses use data, technology and artificial intelligence to improve decision-making, manage risk and enhance operational performance. Its services include data management, advanced analytics, business process solutions, automation and technology-enabled transformation.

EXL serves clients across industries including insurance, healthcare, banking and capital markets, utilities, travel and transportation, retail, media and manufacturing.