Hsbc Holdings PLC raised its stake in ExlService Holdings, Inc. (NASDAQ:EXLS – Free Report) by 32.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 330,181 shares of the business services provider’s stock after acquiring an additional 81,379 shares during the period. Hsbc Holdings PLC owned approximately 0.22% of ExlService worth $8,391,000 at the end of the most recent quarter.
A number of other institutional investors have also recently modified their holdings of EXLS. Empowered Funds LLC lifted its position in ExlService by 277.7% during the first quarter. Empowered Funds LLC now owns 17,384 shares of the business services provider’s stock worth $821,000 after purchasing an additional 12,781 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in ExlService by 4.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 497,474 shares of the business services provider’s stock valued at $23,486,000 after purchasing an additional 19,769 shares in the last quarter. Jane Street Group LLC acquired a new position in ExlService during the first quarter valued at approximately $10,084,000. EverSource Wealth Advisors LLC raised its position in ExlService by 575.2% during the second quarter. EverSource Wealth Advisors LLC now owns 2,883 shares of the business services provider’s stock valued at $126,000 after purchasing an additional 2,456 shares in the last quarter. Finally, Marshall Wace LLP bought a new stake in ExlService during the second quarter worth $1,704,000. 92.92% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other ExlService news, insider Vikas Bhalla sold 11,000 shares of the company’s stock in a transaction dated 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 transaction, the insider owned 130,295 shares of the company’s stock, valued at $4,559,022.05. This represents a 7.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
Read Our Latest Stock Analysis on ExlService
ExlService Price Performance
Shares of ExlService stock opened at $34.95 on Thursday. The company’s 50 day moving average price is $32.85 and its two-hundred day moving average price is $30.81. The firm has a market capitalization of $5.30 billion, a P/E ratio of 21.98, a P/E/G ratio of 1.43 and a beta of 0.81. ExlService Holdings, Inc. has a fifty-two week low of $24.85 and a fifty-two week high of $44.32.
ExlService (NASDAQ:EXLS – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share (EPS) for the quarter, topping 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 company had revenue of $594.76 million during the quarter, compared to the consensus estimate of $573.94 million. During the same period in the prior year, the business earned $0.49 earnings per share. The company’s revenue for the quarter was up 15.6% compared to the same quarter last year. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. On average, analysts expect that ExlService Holdings, Inc. will post 1.82 earnings per share for the current year.
About ExlService
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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