Insider Selling: ExlService (NASDAQ:EXLS) Insider Sells 12,000 Shares of Stock

Posted by Brenda Bartman on Jun 8th, 2026

ExlService Holdings, Inc. (NASDAQ:EXLS – Get Free Report) insider Vikas Bhalla sold 12,000 shares of the company’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $30.22, for a total value of $362,640.00. Following the completion of the transaction, the insider directly owned 153,295 shares in the company, valued at approximately $4,632,574.90. This trade represents a 7.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

ExlService Trading Down 0.7%

Shares of ExlService stock traded down $0.20 during trading hours on Monday, hitting $29.47. The company’s stock had a trading volume of 2,448,129 shares, compared to its average volume of 2,256,783. The firm has a fifty day moving average of $30.14 and a 200-day moving average of $34.66. ExlService Holdings, Inc. has a twelve month low of $26.82 and a twelve month high of $48.54. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.66 and a current ratio of 2.66. The stock has a market cap of $4.50 billion, a price-to-earnings ratio of 18.77, a P/E/G ratio of 1.25 and a beta of 0.83.

ExlService (NASDAQ:EXLS – Get Free Report) last posted its earnings results 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. ExlService had a return on equity of 28.50% and a net margin of 11.66%.The firm had revenue of $570.35 million for the quarter, compared to analyst estimates of $557.67 million. During the same quarter in the prior year, the company earned $0.48 EPS. ExlService’s revenue was up 13.8% on a year-over-year basis. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. Research analysts forecast that ExlService Holdings, Inc. will post 1.79 EPS for the current year.

ExlService declared that its board has initiated a stock buyback program on Tuesday, March 17th that permits the company to buyback $125.00 million in outstanding shares. This buyback authorization permits the business services provider to reacquire up to 2.7% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. TD Cowen dropped their price objective on ExlService from $51.00 to $45.00 and set a “buy” rating on the stock 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. Needham & Company LLC reiterated a “buy” rating and issued a $40.00 price objective (down from $55.00) on shares of ExlService in a report on Wednesday, February 25th. Barrington Research set a $40.00 price objective on ExlService and gave the company an “outperform” rating in a report on Thursday, April 30th. Finally, Robert W. Baird set a $35.00 price objective on ExlService in a report on Wednesday, February 25th. Five investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $41.50.

Read Our Latest Analysis on EXLS

Institutional Trading of ExlService

A number of large investors have recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of ExlService by 9.5% in the 4th quarter. JPMorgan Chase & Co. now owns 5,927,793 shares of the business services provider’s stock valued at $251,576,000 after purchasing an additional 514,911 shares during the period. AQR Capital Management LLC boosted its position in shares of ExlService by 109.7% in the 4th quarter. AQR Capital Management LLC now owns 4,118,625 shares of the business services provider’s stock valued at $174,794,000 after purchasing an additional 2,154,652 shares during the period. Handelsbanken Fonder AB boosted its position in shares of ExlService by 10.7% in the 4th quarter. Handelsbanken Fonder AB now owns 3,781,036 shares of the business services provider’s stock valued at $160,467,000 after purchasing an additional 364,146 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of ExlService by 1.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,902,412 shares of the business services provider’s stock valued at $123,181,000 after purchasing an additional 32,734 shares during the period. Finally, Mackenzie Financial Corp boosted its position in shares of ExlService by 1.6% in the 3rd quarter. Mackenzie Financial Corp now owns 2,371,967 shares of the business services provider’s stock valued at $104,438,000 after purchasing an additional 37,881 shares during the period. 92.92% of the stock is owned by institutional investors and hedge funds.

ExlService Company Profile

(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.