Cwm LLC Buys 53,651 Shares of ExlService Holdings, Inc. $EXLS

Cwm LLC increased its stake in ExlService Holdings, Inc. (NASDAQ:EXLS) by 261.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 74,164 shares of the business services provider’s stock after purchasing an additional 53,651 shares during the period. Cwm LLC’s holdings in ExlService were worth $3,265,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in EXLS. Rafferty Asset Management LLC purchased a new position in shares of ExlService during the 1st quarter valued at about $237,000. Baird Financial Group Inc. raised its holdings in ExlService by 9.4% during the 1st quarter. Baird Financial Group Inc. now owns 119,180 shares of the business services provider’s stock valued at $5,626,000 after buying an additional 10,230 shares during the last quarter. Adage Capital Partners GP L.L.C. bought a new position in shares of ExlService during the first quarter valued at about $5,901,000. AQR Capital Management LLC lifted its holdings in ExlService by 20.4% in the 1st quarter. AQR Capital Management LLC now owns 275,978 shares of the business services provider’s stock worth $12,830,000 after buying an additional 46,842 shares during the period. Finally, Jacobs Levy Equity Management Inc. purchased a new stake in ExlService in the first quarter worth $13,444,000. Hedge funds and other institutional investors own 92.92% of the company’s stock.

Wall Street Analyst Weigh In

EXLS has been the topic of a number of research reports. Wall Street Zen lowered shares of ExlService from a “buy” rating to a “hold” rating in a research note on Sunday, December 14th. Weiss Ratings cut ExlService from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $54.50.

Insider Activity

In related news, insider Vikas Bhalla sold 11,774 shares of the company’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $39.99, for a total value of $470,842.26. Following the transaction, the insider owned 115,272 shares in the company, valued at $4,609,727.28. The trade was a 9.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 4.04% of the stock is currently owned by corporate insiders.

ExlService Stock Performance

Shares of EXLS opened at $42.44 on Friday. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 0.43. The stock has a market cap of $6.74 billion, a P/E ratio of 28.87, a P/E/G ratio of 1.99 and a beta of 0.91. The business’s 50 day moving average price is $40.68 and its 200-day moving average price is $42.33. ExlService Holdings, Inc. has a 52 week low of $37.30 and a 52 week high of $52.43.

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