182,829 Shares in ExlService Holdings, Inc. $EXLS Acquired by Summit Creek Advisors LLC

Summit Creek Advisors LLC acquired a new stake in ExlService Holdings, Inc. (NASDAQ:EXLS) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 182,829 shares of the business services provider’s stock, valued at approximately $4,728,000. Summit Creek Advisors LLC owned about 0.12% of ExlService at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in EXLS. BlackRock Inc. acquired a new stake in shares of ExlService in the 2nd quarter valued at $488,370,000. AQR Capital Management LLC raised its holdings in shares of ExlService by 109.7% during the 4th quarter. AQR Capital Management LLC now owns 4,118,625 shares of the business services provider’s stock worth $174,794,000 after buying an additional 2,154,652 shares in the last quarter. Amundi acquired a new position in shares of ExlService during the 3rd quarter worth $67,862,000. Jane Street Group LLC lifted its position in shares of ExlService by 534.2% during the 2nd quarter. Jane Street Group LLC now owns 1,354,599 shares of the business services provider’s stock worth $59,318,000 after buying an additional 1,141,008 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in shares of ExlService during the 2nd quarter worth $25,214,000. 92.92% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

EXLS has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lifted their target price on ExlService from $42.00 to $43.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Weiss Ratings downgraded shares of ExlService from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, June 30th. TD Cowen reaffirmed a “buy” rating and set a $39.00 price target (down from $45.00) on shares of ExlService in a report on Thursday, July 9th. Needham & Company LLC upped their price objective on shares of ExlService from $40.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Finally, Barrington Research set a $43.00 price objective on shares of ExlService in a research note on Thursday, July 30th. Six equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $43.50.

ExlService Price Performance

ExlService stock opened at $35.47 on Wednesday. The business has a 50 day moving average of $29.58 and a 200-day moving average of $30.28. ExlService Holdings, Inc. has a 1 year low of $24.85 and a 1 year high of $45.08. The company has a market capitalization of $5.38 billion, a P/E ratio of 22.31, a P/E/G ratio of 1.40 and a beta of 0.80.

ExlService (NASDAQ:EXLS) last posted its earnings results on Tuesday, July 28th. The business services provider reported $0.59 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 business had revenue of $594.76 million for the quarter, compared to the consensus estimate of $573.94 million. During the same period last year, the company earned $0.49 EPS. The firm’s revenue was up 15.6% compared to the same quarter last year. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. Equities analysts anticipate that ExlService Holdings, Inc. will post 1.82 EPS for the current year.

Insider Activity

In other news, insider Vikas Bhalla sold 12,000 shares of ExlService stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $30.22, for a total transaction of $362,640.00. Following the transaction, the insider owned 153,295 shares in the company, valued at approximately $4,632,574.90. The trade was a 7.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.66% of the company’s stock.

ExlService Company 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.