Hsbc Holdings PLC Has $8.39 Million Stock Holdings in ExlService Holdings, Inc. $EXLS

by · The Markets Daily

Hsbc Holdings PLC boosted its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS – Free Report) by 32.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 330,181 shares of the business services provider’s stock after acquiring an additional 81,379 shares during the quarter. Hsbc Holdings PLC’s holdings in ExlService were worth $8,391,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EXLS. Empowered Funds LLC raised its stake in shares of ExlService by 277.7% during the first quarter. Empowered Funds LLC now owns 17,384 shares of the business services provider’s stock valued at $821,000 after acquiring an additional 12,781 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of ExlService by 4.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 497,474 shares of the business services provider’s stock worth $23,486,000 after purchasing an additional 19,769 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of ExlService in the first quarter worth $10,084,000. EverSource Wealth Advisors LLC increased its holdings in ExlService by 575.2% in the second quarter. EverSource Wealth Advisors LLC now owns 2,883 shares of the business services provider’s stock valued at $126,000 after purchasing an additional 2,456 shares during the period. Finally, Marshall Wace LLP acquired a new stake in ExlService in the second quarter valued at $1,704,000. 92.92% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Needham & Company LLC lifted their target price on ExlService from $40.00 to $45.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Barrington Research set a $43.00 price target on ExlService in a research note on Thursday, July 30th. TD Cowen restated a “buy” rating and set a $45.00 price objective (up from $43.00) on shares of ExlService in a research report on Thursday, August 27th. Robert W. Baird set a $45.00 price objective on ExlService and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Finally, Weiss Ratings upgraded ExlService from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, September 2nd. Six equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $44.50.

Check Out Our Latest Report on EXLS

ExlService Stock Performance

ExlService stock opened at $34.95 on Thursday. The stock has a market capitalization of $5.30 billion, a price-to-earnings ratio of 21.98, a PEG ratio of 1.43 and a beta of 0.81. ExlService Holdings, Inc. has a 52-week low of $24.85 and a 52-week high of $44.32. The stock’s 50 day moving average price is $32.85 and its two-hundred day moving average price is $30.81.

ExlService (NASDAQ:EXLS – Get Free Report) last released its quarterly earnings data 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 net margin of 11.17% and a return on equity of 30.61%. The company had revenue of $594.76 million during the quarter, compared to analyst estimates of $573.94 million. During the same quarter in the previous year, the business posted $0.49 EPS. ExlService’s revenue for the quarter was up 15.6% compared to the same quarter last year. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. On average, equities research analysts forecast that ExlService Holdings, Inc. will post 1.82 EPS for the current year.

Insider Buying and Selling

In other ExlService news, insider Vikas Bhalla sold 11,000 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $34.99, for a total value of $384,890.00. Following the completion of the sale, the insider directly owned 130,295 shares in the company, valued at approximately $4,559,022.05. This trade represents a 7.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.66% of the company’s stock.

About ExlService

(Free Report)

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.

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