Ajay Ayyappan Sells 5,093 Shares of ExlService (NASDAQ:EXLS) Stock

Posted by Geri Gentry on May 24th, 2026

ExlService Holdings, Inc. (NASDAQ:EXLS – Get Free Report) EVP Ajay Ayyappan sold 5,093 shares of the stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $29.11, for a total value of $148,257.23. Following the sale, the executive vice president directly owned 48,994 shares in the company, valued at $1,426,215.34. This trade represents a 9.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ajay Ayyappan also recently made the following trade(s):

On Monday, February 23rd, Ajay Ayyappan sold 1,197 shares of ExlService stock. The shares were sold at an average price of $29.79, for a total value of $35,658.63.

ExlService Stock Up 1.0%

Shares of NASDAQ EXLS opened at $29.51 on Friday. The company has a current ratio of 2.66, a quick ratio of 2.66 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $4.51 billion, a PE ratio of 18.80, a price-to-earnings-growth ratio of 1.25 and a beta of 0.87. The stock’s fifty day simple moving average is $30.33 and its two-hundred day simple moving average is $35.39. 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 earnings results on Tuesday, April 28th. The business services provider reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.05. The business had revenue of $570.35 million for the quarter, compared to analysts’ expectations of $557.67 million. ExlService had a return on equity of 28.50% and a net margin of 11.66%.The business’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.48 EPS. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. As a group, analysts expect that ExlService Holdings, Inc. will post 1.79 EPS for the current fiscal year.

ExlService announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, March 17th that authorizes the company to buyback $125.00 million in outstanding shares. This buyback authorization authorizes the business services provider to reacquire up to 2.7% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

Several analysts have issued reports on EXLS shares. Stifel Nicolaus dropped their target price on ExlService from $54.00 to $46.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Needham & Company LLC reiterated a “buy” rating and set a $40.00 price objective (down from $55.00) on shares of ExlService in a report on Wednesday, February 25th. TD Cowen decreased their price objective on ExlService from $51.00 to $45.00 and set a “buy” rating for the company in a report on Thursday, February 26th. JPMorgan Chase & Co. increased their price objective on ExlService from $42.00 to $43.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Finally, Wall Street Zen upgraded ExlService from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $41.50.

Read Our Latest Research Report on EXLS

Institutional Trading of ExlService

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of America Corp DE lifted its holdings in shares of ExlService by 122.2% during the 1st quarter. Bank of America Corp DE now owns 1,506,357 shares of the business services provider’s stock valued at $45,869,000 after purchasing an additional 828,520 shares during the last quarter. Bull Harbor Capital LLC purchased a new position in ExlService in the 1st quarter worth $284,000. Amundi raised its stake in ExlService by 7.4% in the 1st quarter. Amundi now owns 770,025 shares of the business services provider’s stock worth $23,447,000 after acquiring an additional 53,229 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in ExlService by 12.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 7,751 shares of the business services provider’s stock worth $236,000 after acquiring an additional 844 shares during the last quarter. Finally, California State Teachers Retirement System raised its stake in ExlService by 24.0% in the 1st quarter. California State Teachers Retirement System now owns 189,097 shares of the business services provider’s stock worth $5,758,000 after acquiring an additional 36,552 shares during the last quarter. Hedge funds and other institutional investors own 92.92% of the company’s stock.

About ExlService

(Get Free Report)

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.