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Anita Mahon, Executive Vice President of ExlService Holdings, Inc. (NASDAQ:EXLS), recently executed a sale of company stock as disclosed in a filing with the Securities and Exchange Commission. The company, which has demonstrated strong financial performance with a ~13% revenue growth and maintains a "GREAT" financial health score according to InvestingPro, currently trades above its Fair Value. On March 11, Mahon sold 10,558 shares of ExlService common stock at a price of $45.92 per share, amounting to a total transaction value of $484,823. This transaction was conducted under a pre-arranged 10b5-1 trading plan, which Mahon had established on November 4, 2024. The stock has shown remarkable strength, delivering a ~49% return over the past year and maintaining robust profitability with a gross margin of ~38%.
Following this sale, Mahon retains ownership of 94,443 shares in the company. The transaction reflects Mahon’s ongoing involvement in managing her equity in the business while continuing to serve in her executive capacity. For deeper insights into EXLS’s valuation and 13 additional exclusive ProTips, visit InvestingPro.
In other recent news, Exlservice reported fourth-quarter earnings that surpassed market expectations, with revenue reaching $481.4 million and adjusted earnings per share (EPS) of $0.44, both exceeding forecasts. The company’s revenue saw a year-over-year growth of 16.3%, driven by strong demand for data and AI services, which now constitute a majority of its revenue. Analysts at Needham responded to these results by raising Exlservice’s price target from $50.00 to $60.00, reaffirming a Buy rating due to the company’s robust performance in digital operations and analytics. Stifel analysts also maintained a Buy rating with a $48.00 price target, noting that Exlservice’s earnings exceeded expectations by 7%, and revenue outperformed estimates by approximately 1%.
The company’s digital operations and analytics segments experienced significant growth, with digital operations increasing by 18% and analytics by 14% year-over-year. Exlservice added 17 new client logos during the quarter, reflecting strong market demand. Despite a forecasted $10 million foreign exchange headwind for fiscal year 2025, the company projects revenue growth between 10-12% and adjusted EPS growth of 11-14%. Exlservice’s strategic focus on AI-driven offerings and effective execution continue to support its positive outlook. The company’s financial health is underscored by maintaining healthy profit margins while expanding its customer base.
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