96,973 Shares in ExlService Holdings, Inc. $EXLS Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 96,973 shares of the business services provider’s stock, valued at approximately $2,508,000.

Other large investors also recently added to or reduced their stakes in the company. Transamerica Financial Advisors LLC increased its stake in shares of ExlService by 285.2% in the fourth quarter. Transamerica Financial Advisors LLC now owns 678 shares of the business services provider’s stock worth $29,000 after purchasing an additional 502 shares in the last quarter. Private Trust Co. NA boosted its stake in ExlService by 56.2% during the fourth quarter. Private Trust Co. NA now owns 717 shares of the business services provider’s stock valued at $30,000 after buying an additional 258 shares during the period. Hantz Financial Services Inc. grew its holdings in shares of ExlService by 183.1% during the fourth quarter. Hantz Financial Services Inc. now owns 1,353 shares of the business services provider’s stock worth $57,000 after purchasing an additional 875 shares in the last quarter. Leonteq Securities AG purchased a new position in ExlService in the 4th quarter worth approximately $59,000. Finally, Cache Advisors LLC bought a new position in ExlService in the first quarter valued at $69,000. Hedge funds and other institutional investors own 92.92% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the stock. JPMorgan Chase & Co. increased their price target on shares of ExlService from $42.00 to $43.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. TD Cowen reissued a “buy” rating and set a $39.00 target price (down from $45.00) on shares of ExlService in a research note on Thursday, July 9th. Weiss Ratings upgraded ExlService from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday. Barrington Research set a $43.00 price target on shares of ExlService in a research note on Thursday, July 30th. Finally, Needham & Company LLC lifted their price objective on ExlService from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Six research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $43.50.

Insider Buying and Selling at ExlService

In related news, 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 owned 153,295 shares of the company’s stock, valued at approximately $4,632,574.90. This represents a 7.26% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.66% of the company’s stock.

ExlService Trading Up 1.3%

Shares of NASDAQ EXLS opened at $37.53 on Friday. The firm has a market capitalization of $5.69 billion, a price-to-earnings ratio of 23.60, a price-to-earnings-growth ratio of 1.49 and a beta of 0.80. ExlService Holdings, Inc. has a 12-month low of $24.85 and a 12-month high of $45.08. The firm has a 50 day moving average of $30.08 and a 200 day moving average of $30.31.

ExlService (NASDAQ:EXLS) last released its earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.04. ExlService had a return on equity of 30.61% and a net margin of 11.17%.The company had revenue of $594.76 million for the quarter, compared to the consensus estimate of $573.94 million. During the same period in the previous year, the business earned $0.49 earnings per share. ExlService’s quarterly 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. Sell-side analysts predict that ExlService Holdings, Inc. will post 1.82 EPS 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.