ExlService Holdings, Inc. $EXLS Holdings Boosted by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. boosted its holdings in ExlService Holdings, Inc. (NASDAQ:EXLS) by 9.2% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 211,530 shares of the business services provider’s stock after acquiring an additional 17,797 shares during the period. GHP Investment Advisors Inc. owned about 0.13% of ExlService worth $9,263,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in EXLS. GAMMA Investing LLC raised its holdings in shares of ExlService by 20.6% during the first quarter. GAMMA Investing LLC now owns 3,510 shares of the business services provider’s stock valued at $166,000 after buying an additional 599 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of ExlService by 48.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 147,081 shares of the business services provider’s stock valued at $7,028,000 after buying an additional 48,056 shares during the last quarter. KBC Group NV raised its holdings in shares of ExlService by 13.4% during the first quarter. KBC Group NV now owns 7,466 shares of the business services provider’s stock valued at $352,000 after buying an additional 883 shares during the last quarter. New York State Teachers Retirement System raised its holdings in shares of ExlService by 51.8% during the first quarter. New York State Teachers Retirement System now owns 60,473 shares of the business services provider’s stock valued at $2,855,000 after buying an additional 20,636 shares during the last quarter. Finally, Principal Financial Group Inc. raised its holdings in shares of ExlService by 0.8% during the first quarter. Principal Financial Group Inc. now owns 443,974 shares of the business services provider’s stock valued at $20,960,000 after buying an additional 3,581 shares during the last quarter. Institutional investors own 92.92% of the company’s stock.

ExlService Price Performance

Shares of NASDAQ:EXLS opened at $39.09 on Friday. ExlService Holdings, Inc. has a 12 month low of $37.30 and a 12 month high of $52.43. The stock has a market cap of $6.31 billion, a price-to-earnings ratio of 26.59, a PEG ratio of 1.77 and a beta of 0.86. The stock’s 50 day moving average price is $42.53 and its 200 day moving average price is $43.95. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.91 and a quick ratio of 3.15.

ExlService (NASDAQ:EXLS) last announced its earnings results on Tuesday, October 28th. The business services provider reported $0.48 EPS for the quarter, topping the consensus estimate of $0.47 by $0.01. ExlService had a return on equity of 25.60% and a net margin of 11.91%.The firm had revenue of $529.59 million for the quarter, compared to analysts’ expectations of $522.35 million. During the same quarter in the previous year, the company earned $0.44 earnings per share. The firm’s quarterly revenue was up 12.2% compared to the same quarter last year. ExlService has set its FY 2025 guidance at 1.880-1.920 EPS. Equities research analysts anticipate that ExlService Holdings, Inc. will post 1.27 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Weiss Ratings cut ExlService from a “buy (b-)” rating to a “hold (c+)” rating in a report on Saturday, October 25th. Wall Street Zen cut ExlService from a “buy” rating to a “hold” rating in a report on Saturday. Finally, JPMorgan Chase & Co. cut their price target on ExlService from $56.00 to $52.00 and set an “overweight” rating on the stock in a report on Wednesday, August 20th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, ExlService presently has an average rating of “Moderate Buy” and a consensus price target of $54.50.

Insider Transactions at ExlService

In other ExlService news, insider Vikas Bhalla sold 8,000 shares of ExlService stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $43.76, for a total value of $350,080.00. Following the transaction, the insider owned 127,046 shares in the company, valued at approximately $5,559,532.96. The trade was a 5.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 4.04% of the company’s stock.

ExlService Profile

ExlService Holdings, Inc operates as a data analytics, and digital operations and solutions company in the United States and internationally. The company operates through Insurance, Healthcare, Analytics, and Emerging Business segments. It also provides digital operations and solutions and analytics-driven services, such as claims processing, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business acquisition, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer service using digital technology, artificial intelligence, machine learning, and advanced automation; digital customer acquisition services using a software-as-a-service delivery model through LifePRO and LISS platforms; subrogation services; and Subrosource software platform, an end-to-end subrogation platform.