Mutual of America Capital Management LLC Acquires 9,381 Shares of ExlService Holdings, Inc. $EXLS

Mutual of America Capital Management LLC lifted its stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 4.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 213,587 shares of the business services provider’s stock after buying an additional 9,381 shares during the quarter. Mutual of America Capital Management LLC owned about 0.13% of ExlService worth $9,353,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Whittier Trust Co. acquired a new stake in ExlService in the first quarter worth $45,000. Strategic Investment Solutions Inc. IL bought a new position in shares of ExlService during the 1st quarter worth about $77,000. Morse Asset Management Inc grew its stake in shares of ExlService by 51.8% in the 1st quarter. Morse Asset Management Inc now owns 1,685 shares of the business services provider’s stock valued at $80,000 after buying an additional 575 shares during the period. Caitong International Asset Management Co. Ltd increased its position in ExlService by 25.7% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,803 shares of the business services provider’s stock valued at $85,000 after buying an additional 369 shares in the last quarter. Finally, Exchange Traded Concepts LLC acquired a new position in ExlService during the 1st quarter worth approximately $102,000. Institutional investors and hedge funds own 92.92% of the company’s stock.

Insider Buying and Selling at ExlService

In related news, insider Vikas Bhalla sold 8,000 shares of the business’s stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $43.76, for a total transaction of $350,080.00. Following the transaction, the insider directly 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. 4.04% of the stock is owned by insiders.

ExlService Stock Performance

Shares of ExlService stock opened at $40.34 on Monday. ExlService Holdings, Inc. has a 52 week low of $38.36 and a 52 week high of $52.43. The company has a quick ratio of 3.15, a current ratio of 3.15 and a debt-to-equity ratio of 0.24. The business has a 50 day moving average price of $43.00 and a 200-day moving average price of $44.18. The company has a market cap of $6.52 billion, a PE ratio of 28.01, a price-to-earnings-growth ratio of 1.85 and a beta of 0.86.

ExlService (NASDAQ:EXLS) last announced its quarterly earnings results on Tuesday, July 29th. The business services provider reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.04. ExlService had a return on equity of 25.38% and a net margin of 12.00%.The business had revenue of $514.46 million during the quarter, compared to the consensus estimate of $504.87 million. During the same quarter in the prior year, the company posted $0.40 earnings per share. ExlService’s revenue was up 14.7% compared to the same quarter last year. ExlService has set its FY 2025 guidance at 1.860-1.900 EPS. Equities analysts anticipate that ExlService Holdings, Inc. will post 1.27 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have commented on EXLS shares. JPMorgan Chase & Co. reduced their price objective on ExlService from $56.00 to $52.00 and set an “overweight” rating for the company in a research note on Wednesday, August 20th. Weiss Ratings reissued a “buy (b-)” rating on shares of ExlService in a research report on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $52.40.

ExlService Company 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.