Bessemer Group Inc. decreased its stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS – Free Report) by 26.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 513,905 shares of the business services provider’s stock after selling 185,093 shares during the period. Bessemer Group Inc.’s holdings in ExlService were worth $21,810,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. CENTRAL TRUST Co increased its stake in ExlService by 2,428.0% during the 3rd quarter. CENTRAL TRUST Co now owns 632 shares of the business services provider’s stock valued at $28,000 after buying an additional 607 shares during the period. True Wealth Design LLC increased its stake in ExlService by 57.2% during the 4th quarter. True Wealth Design LLC now owns 706 shares of the business services provider’s stock valued at $30,000 after buying an additional 257 shares during the period. Private Trust Co. NA increased its stake in ExlService by 56.2% during the 4th quarter. Private Trust Co. NA now owns 717 shares of the business services provider’s stock valued at $30,000 after buying an additional 258 shares during the period. First Horizon Corp acquired a new position in ExlService during the 3rd quarter valued at about $32,000. Finally, V Square Quantitative Management LLC acquired a new position in ExlService during the 4th quarter valued at about $33,000. Institutional investors and hedge funds own 92.92% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have commented on EXLS shares. Wall Street Zen raised shares of ExlService from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Weiss Ratings cut shares of ExlService from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, April 24th. TD Cowen lowered their target price on shares of ExlService from $51.00 to $45.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Robert W. Baird set a $35.00 target price on shares of ExlService in a research note on Wednesday, February 25th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of ExlService from $42.00 to $43.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $41.50.
ExlService Stock Performance
Shares of EXLS opened at $27.48 on Friday. The firm’s 50 day moving average is $30.58 and its 200-day moving average is $35.77. The stock has a market capitalization of $4.20 billion, a P/E ratio of 17.50, a P/E/G ratio of 1.16 and a beta of 0.87. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.66. ExlService Holdings, Inc. has a 12-month low of $26.82 and a 12-month high of $48.54.
ExlService (NASDAQ:EXLS – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The business services provider reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.05. The company had revenue of $570.35 million for the quarter, compared to analysts’ expectations of $557.67 million. ExlService had a net margin of 11.66% and a return on equity of 28.50%. The business’s revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.48 EPS. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. Equities research analysts anticipate that ExlService Holdings, Inc. will post 1.79 EPS for the current fiscal year.
ExlService declared that its board has authorized a stock repurchase program on Tuesday, March 17th that permits the company to repurchase $125.00 million in outstanding shares. This repurchase authorization permits the business services provider to purchase up to 2.7% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its stock is undervalued.
Insider Activity
In other news, EVP Ajay Ayyappan sold 2,275 shares of ExlService stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $30.32, for a total value of $68,978.00. Following the transaction, the executive vice president owned 53,768 shares of the company’s stock, valued at $1,630,245.76. The trade was a 4.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 4.04% of the stock is owned by corporate insiders.
ExlService 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.
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