California Public Employees Retirement System Increases Holdings in ExlService Holdings, Inc. $EXLS

California Public Employees Retirement System increased its position in ExlService Holdings, Inc. (NASDAQ:EXLS) by 6.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 324,308 shares of the business services provider’s stock after purchasing an additional 19,686 shares during the quarter. California Public Employees Retirement System owned approximately 0.21% of ExlService worth $9,875,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of EXLS. Fox Run Management L.L.C. purchased a new position in shares of ExlService during the fourth quarter valued at $1,455,000. UBS Group AG raised its holdings in shares of ExlService by 103.6% in the fourth quarter. UBS Group AG now owns 1,091,714 shares of the business services provider’s stock valued at $46,332,000 after acquiring an additional 555,382 shares in the last quarter. Aberdeen Group plc lifted its stake in ExlService by 18.8% in the fourth quarter. Aberdeen Group plc now owns 562,437 shares of the business services provider’s stock worth $23,870,000 after acquiring an additional 89,194 shares during the period. Fort Washington Investment Advisors Inc. OH lifted its stake in ExlService by 18.5% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 693,008 shares of the business services provider’s stock worth $29,411,000 after acquiring an additional 108,398 shares during the period. Finally, M&T Bank Corp grew its holdings in ExlService by 869.3% during the 4th quarter. M&T Bank Corp now owns 45,100 shares of the business services provider’s stock worth $1,874,000 after acquiring an additional 40,447 shares in the last quarter. 92.92% of the stock is currently owned by hedge funds and other institutional investors.

ExlService Stock Performance

EXLS stock opened at $27.67 on Friday. ExlService Holdings, Inc. has a one year low of $24.85 and a one year high of $47.11. The firm has a market cap of $4.23 billion, a price-to-earnings ratio of 17.62, a PEG ratio of 1.17 and a beta of 0.84. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.66 and a current ratio of 2.66. The firm has a 50-day simple moving average of $27.98 and a two-hundred day simple moving average of $31.33.

ExlService (NASDAQ:EXLS) last issued its quarterly earnings data on Tuesday, April 28th. The business services provider reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. The firm had revenue of $570.35 million for the quarter, compared to the consensus estimate of $557.67 million. ExlService had a net margin of 11.66% and a return on equity of 28.50%. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.48 EPS. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. On average, equities analysts forecast that ExlService Holdings, Inc. will post 1.8 EPS for the current fiscal year.

Insider Buying and Selling at ExlService

In other ExlService news, EVP Ajay Ayyappan sold 5,093 shares of ExlService stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $29.11, for a total value of $148,257.23. Following the transaction, the executive vice president directly owned 48,994 shares of the company’s stock, valued at approximately $1,426,215.34. The trade was a 9.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vikas Bhalla sold 12,000 shares of the company’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $30.22, for a total value of $362,640.00. Following the transaction, the insider directly 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

EXLS has been the topic of a number of research reports. JPMorgan Chase & Co. raised their target price 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. Barrington Research reaffirmed an “outperform” rating and issued a $40.00 price target on shares of ExlService in a research report on Thursday, June 25th. Weiss Ratings downgraded shares of ExlService from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, June 30th. Finally, TD Cowen reissued a “buy” rating and set a $39.00 price objective (down from $45.00) on shares of ExlService in a report on Thursday, July 9th. Five investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $40.50.

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.