ExlService Holdings, Inc. $EXLS Shares Sold by Tredje AP fonden

Tredje AP fonden reduced its position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 14.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 614,000 shares of the business services provider’s stock after selling 100,000 shares during the period. Tredje AP fonden’s holdings in ExlService were worth $26,058,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in ExlService by 1.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,412,882 shares of the business services provider’s stock valued at $238,331,000 after buying an additional 68,398 shares during the last quarter. Handelsbanken Fonder AB increased its position in shares of ExlService by 10.7% during the fourth quarter. Handelsbanken Fonder AB now owns 3,781,036 shares of the business services provider’s stock worth $160,467,000 after acquiring an additional 364,146 shares during the last quarter. Mackenzie Financial Corp lifted its stake in shares of ExlService by 1.6% in the third quarter. Mackenzie Financial Corp now owns 2,371,967 shares of the business services provider’s stock worth $104,438,000 after acquiring an additional 37,881 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of ExlService by 540.4% in the third quarter. AQR Capital Management LLC now owns 1,963,973 shares of the business services provider’s stock worth $86,474,000 after acquiring an additional 1,657,317 shares in the last quarter. Finally, Squarepoint Ops LLC boosted its holdings in ExlService by 71.7% in the third quarter. Squarepoint Ops LLC now owns 1,689,373 shares of the business services provider’s stock valued at $74,383,000 after purchasing an additional 705,509 shares during the last quarter. 92.92% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Wall Street Zen upgraded ExlService from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Barrington Research set a $40.00 target price on ExlService and gave the company an “outperform” rating in a research report on Thursday, April 30th. Robert W. Baird set a $35.00 target price on ExlService in a research note on Wednesday, February 25th. TD Cowen decreased their price target on shares of ExlService from $51.00 to $45.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Finally, Stifel Nicolaus dropped their price target on shares of ExlService from $54.00 to $46.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $41.50.

ExlService Stock Performance

Shares of NASDAQ EXLS opened at $29.00 on Tuesday. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.53. The firm’s 50-day moving average price is $30.51 and its two-hundred day moving average price is $35.64. ExlService Holdings, Inc. has a 52-week low of $26.82 and a 52-week high of $48.54. The stock has a market capitalization of $4.43 billion, a P/E ratio of 18.47, a P/E/G ratio of 1.16 and a beta of 0.87.

ExlService (NASDAQ:EXLS) last posted its earnings results on Tuesday, April 28th. The business services provider reported $0.58 EPS for the quarter, beating the consensus estimate of $0.53 by $0.05. The company had revenue of $570.35 million during the quarter, compared to analyst estimates of $557.67 million. ExlService had a return on equity of 28.50% and a net margin of 11.66%.The business’s revenue was up 13.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.48 earnings per share. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. As a group, sell-side analysts forecast that ExlService Holdings, Inc. will post 1.79 earnings per share for the current year.

ExlService declared that its board has approved a stock repurchase program on Tuesday, March 17th that permits the company to buyback $125.00 million in shares. This buyback authorization permits the business services provider to buy up to 2.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.

Insider Buying and Selling

In related news, EVP Ajay Ayyappan sold 2,275 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $30.32, for a total transaction of $68,978.00. Following the completion of the transaction, the executive vice president directly owned 53,768 shares in the company, valued at $1,630,245.76. This represents a 4.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 4.04% of the stock is currently owned by 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.