EXLService president Vikas Bhalla sells $384,890 in stock By Investing.com

Vikas Bhalla, President of ExlService Holdings, Inc. (), sold 11,000 shares of the company’s common stock on August 3, 2026. The shares were sold at a price of $34.99 per share, totaling approximately $384,890.

The sale was executed pursuant to a 10b5-1 trading plan, which Mr. Bhalla had previously established on March 4, 2026. Following this transaction, Mr. Bhalla directly holds 130,295 shares of ExlService Holdings, Inc. common stock.The insider sale comes as EXLS trades at $33.68, down roughly 21% year-to-date, though the stock showed strong momentum last month. According to InvestingPro analysis, the company appears undervalued at current levels, with shares trading below Fair Value. Despite the insider sale, management has been aggressively buying back shares, one of several InvestingPro Tips available to subscribers. The company maintains a “GREAT” financial health score and operates with a market cap of $5.11 billion.

In other recent news, ExlService Holdings reported second-quarter revenue and profit that exceeded Wall Street expectations. The company announced adjusted earnings of $0.59 per share, surpassing the analyst consensus estimate of $0.55, alongside revenue of $594.8 million, which also beat projections of $574.03 million. Following these results, ExlService raised its full-year outlook, citing increasing demand for its data and AI services. In light of these developments, Baird upgraded ExlService’s stock rating to Outperform from Neutral, raising the price target to $45.00 from $35.00. The upgrade was attributed to the strong second-quarter results and the company’s optimistic guidance for 2026. ExlService reported a 16% growth in the second quarter, marking its strongest organic growth rate in years. These developments highlight significant positive momentum for the company in the current market.

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