Advantage Alpha Capital Partners LP Makes New $3.56 Million Investment in ExlService Holdings, Inc. $EXLS

Advantage Alpha Capital Partners LP acquired a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 81,306 shares of the business services provider’s stock, valued at approximately $3,560,000. Advantage Alpha Capital Partners LP owned about 0.05% of ExlService at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Strategic Investment Solutions Inc. IL bought a new stake in shares of ExlService in the 1st quarter valued at about $77,000. Caitong International Asset Management Co. Ltd increased its stake 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 worth $85,000 after purchasing an additional 369 shares during the period. Huntington National Bank lifted its position in ExlService by 14.4% in the second quarter. Huntington National Bank now owns 1,953 shares of the business services provider’s stock valued at $86,000 after purchasing an additional 246 shares during the last quarter. Vestcor Inc purchased a new stake in shares of ExlService during the first quarter valued at approximately $106,000. Finally, Blue Trust Inc. boosted its stake in shares of ExlService by 6.9% during the second quarter. Blue Trust Inc. now owns 3,914 shares of the business services provider’s stock valued at $171,000 after purchasing an additional 254 shares during the period. Hedge funds and other institutional investors own 92.92% of the company’s stock.

Wall Street Analysts Forecast Growth

EXLS has been the subject of a number of recent analyst reports. Wall Street Zen lowered shares of ExlService from a “buy” rating to a “hold” rating in a report on Saturday, November 22nd. JPMorgan Chase & Co. decreased their price objective on shares of ExlService from $56.00 to $52.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 20th. Finally, Weiss Ratings downgraded shares of ExlService from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Saturday, October 25th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, ExlService presently has an average rating of “Moderate Buy” and an average price target of $54.50.

Insider Buying and Selling at ExlService

In other news, insider Vikas Bhalla sold 8,000 shares of the stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $43.76, for a total value of $350,080.00. Following the completion of the transaction, the insider owned 127,046 shares of the company’s stock, valued at approximately $5,559,532.96. This represents a 5.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 4.04% of the company’s stock.

ExlService Stock Up 0.2%

Shares of NASDAQ EXLS opened at $39.82 on Friday. The firm has a fifty day simple moving average of $40.92 and a two-hundred day simple moving average of $43.17. ExlService Holdings, Inc. has a 12 month low of $37.30 and a 12 month high of $52.43. The company has a current ratio of 2.91, a quick ratio of 3.15 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $6.32 billion, a PE ratio of 27.09, a price-to-earnings-growth ratio of 1.77 and a beta of 0.90.

ExlService (NASDAQ:EXLS) last announced its quarterly earnings results on Tuesday, October 28th. The business services provider reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.01. ExlService had a net margin of 11.91% and a return on equity of 25.60%. The company had revenue of $529.59 million for the quarter, compared to analysts’ expectations of $522.35 million. During the same quarter in the previous year, the company earned $0.44 earnings per share. ExlService’s quarterly revenue was up 12.2% on a year-over-year basis. ExlService has set its FY 2025 guidance at 1.880-1.920 EPS. Equities analysts expect that ExlService Holdings, Inc. will post 1.27 earnings per share for the current year.

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.