EXLS

ExlService Holdings, Inc.
NasdaqGSUSDEQUITY Technology DELAYED
Last price
35.99
▲ 0.09 (0.25%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
35.99
Prev close
35.90
Day high
36.11
Day low
35.24
Volume
1.82M
Market cap
$5.37B
P/E (TTM)
22.70
52W range
24.85 – 43.88

Day trading desk

Current session · delayed
Gap from prior close
+0.25%
Prior close 35.90
VWAP
35.66
+0.94% from price
Relative volume
0.64×
Normal
Session range
4.94%
35.24 – 36.98
Position in range
43%
Mid range
ATR (14D)
0.97
2.71% of price
Prior day high
36.18
PDH
Prior day low
35.54
PDL
Bid / ask spread
—
Quote not published
Session volume
1.43M
Avg 2.22M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+2.40% +0.5%
1M
-3.33% -4.5%
3M
+29.33% +24.8%
6M
+15.12% -3.1%
YTD
-16.56% -30.8%
1Y
-17.79% -34.2%
3Y
+26.28% -56.0%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on EXLS open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
-53.27K
Net selling
Buy transactions
3
1.82K shares
Sell transactions
6
55.09K shares
Net transactions
+9
Buys less sells
Sell : buy shares
30.3 : 1
Heavily one-sided
Insider-held shares
4.06M
Total on file
Bought 1.82KSold 55.09K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Sep 1, 26
BHALLA VIKAS
Officer
SELL 10.00K $381.70K Direct
Aug 11, 26
CHHIBBAR VISHAL
Officer
SELL 5.00K $175.50K Direct
Aug 3, 26
BHALLA VIKAS
Officer
SELL 11.00K $384.89K Direct
Jul 1, 26
BHALLA VIKAS
Officer
SELL 12.00K $317.64K Direct
Jun 30, 26
KINI NARASIMHA
Officer
STOCK 606 $14.10K Direct
Jun 30, 26
NICOLELLI MAURIZIO
Chief Financial Officer
STOCK 606 $14.10K Direct
Jun 30, 26
JETLEY VIVEK
Officer
STOCK 606 $14.10K Direct
Jun 4, 26
BHALLA VIKAS
Officer
SELL 12.00K $362.64K Direct
May 20, 26
AYYAPPAN AJAY
General Counsel
SELL 5.09K $148.26K Direct
Mar 2, 26
AYYAPPAN AJAY
General Counsel
SELL 1.68K $51.02K Direct
Feb 27, 26
NICOLELLI MAURIZIO
Chief Financial Officer
— 5.59K — Direct
Feb 27, 26
HARRISON PAMELA M
Officer
— 4.15K — Direct
Feb 27, 26
CHHIBBAR VISHAL
Officer
— 5.59K — Direct
Feb 27, 26
KAPOOR ROHIT
Chief Executive Officer
— 33.52K — Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
AYYAPPAN AJAY
General Counsel 48.99K Sale
BHALLA VIKAS
President 130.29K Sale
CHHIBBAR VISHAL
Officer 6.45K Sale
HARRISON PAMELA M
Officer 6.25K Conversion of Exercise of derivative security
JETLEY VIVEK
Officer 426.78K Stock Award(Grant)
KAPOOR ROHIT
Chief Executive Officer 3.91M Conversion of Exercise of derivative security
KINI NARASIMHA
Officer 212.35K Stock Award(Grant)
MAHON ANITA
Officer 94.44K Sale
NICOLELLI MAURIZIO
Chief Financial Officer 254.97K Stock Award(Grant)
STUDENMUND JAYNIE MILLER
Director 0 Sale

Fundamentals

TTM · reported
Market cap$5.37B
Enterprise value$5.57B
Revenue (TTM)$2.24B
Gross profit$861.62M
EBITDA$379.14M
Net income$250.00M
EPS (TTM)$1.56
Free cash flow$262.33M
Total cash$283.82M
Total debt$490.17M
Book value / share$5.71
Shares outstanding151.61M
Float146.40M
Short % of float7.51%
Dividend yield0.00%
Beta (5Y)0.84

Valuation & profitability ratios

Account required
Trailing P/E22.70
Forward P/E13.63
PEG ratio0.93
Price / sales—
Price / book6.20
EV / revenue2.49
EV / EBITDA14.70
Gross margin38.51%
Operating margin14.61%
Profit margin11.17%
Return on equity25.94%
Return on assets12.01%
Debt / equity56.59
Current ratio1.24
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 6 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $2.09B$1.84B$1.63B$1.41B +13.6%
Operating revenue $2.09B$1.84B$1.63B$1.41B +13.6%
Cost of revenue $1.29B$1.15B$1.02B$896.60M +12.1%
Gross profit $801.08M$691.01M$607.77M$515.45M +15.9%
Selling, general & admin $428.24M$372.17M$318.52M$267.00M +15.1%
Total operating expense $487.33M$427.39M$369.01M$323.29M +14.0%
Operating income $313.75M$263.62M$238.75M$192.16M +19.0%
Net interest income -$7.97M-$9.34M-$5.15M-$3.02M +14.7%
Pre-tax income $315.05M$261.35M$237.94M$190.10M +20.5%
Tax provision $63.73M$62.94M$53.54M$47.56M +1.3%
Net income $251.02M$198.30M$184.56M$142.97M +26.6%
Net income to common $251.02M$198.30M$184.56M$142.97M +26.6%
Basic EPS 1.561.221.110.86 +27.9%
Diluted EPS 1.541.211.100.85 +27.3%
EBIT $332.66M$280.60M$251.12M$198.35M +18.6%
EBITDA $416.55M$357.59M$321.59M$276.24M +16.5%
Basic shares 161.03M162.72M166.34M166.65M -1.0%
Diluted shares 162.48M164.32M168.16M169.17M -1.1%

Options analytics

Account required
Put / call volume
0.14
Call-heavy session
Put / call open interest
11.09
Positioning, not flow
Max pain
35.00
-1.2% from spot
ATM implied vol
52.1%
Nearest strike to spot
Skew (10% OTM)
-13.0%
Calls bid over puts
Call volume
91
Contracts, this expiry
Put volume
13
Contracts, this expiry
Heaviest call OI
40.00
484 contracts
Heaviest put OI
30.00
5.08K contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 0.550.59 +7.8%
Mar 2026 0.540.58 +8.4%
Dec 2025 0.470.50 +7.5%
Sep 2025 0.470.48 +3.2%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 0.56 8 $615.46M +16.2%
Next quarter 0.57 8 $629.37M +16.0%
Current year 2.29 9 $2.41B +15.4%
Next year 2.60 9 $2.69B +11.7%

Analyst targets & ownership

Account required
Mean target$44.63
High target$48.00
Low target$39.00
Implied upside23.99%
Analyst count8
ConsensusSTRONG BUY
Strong buy / Buy3 / 6
Hold0
Sell / Strong sell0 / 0
Held by insiders2.68%
Held by institutions104.00%
Institutions holding592
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
35.18
+2.29% from price
SMA 20
35.31
+0.29% from price
SMA 50
35.60
-0.54% from price
SMA 100
31.79
+13.20% from price
SMA 200
32.97
+7.39% from price
EMA 12
35.42
+1.62% from price
EMA 26
35.39
+1.70% from price
EMA 50
34.63
+3.91% from price
RSI (14)
50.3
Neutral
MACD (12,26,9)
0.03
Hist 0.00
ATR (14)
0.97
2.75% of price
Realised vol 30D
27.3%
Annualised
Bollinger upper
36.55
20, 2σ
Bollinger lower
34.07
20, 2σ
50 / 200 cross
Golden
35.60 vs 32.97
Trend bias
Above 200
+7.39%

Options chain

Account required
Expiry
Spot 35.99
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
0.00
Less volatile than market
Correlation to SPY
0.00
Largely independent
Realised vol 30D
27.3%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-41.9%
Peak to trough
Max drawdown 5Y
-51.3%
Peak to trough
ATR 14
0.97
2.75% of price
Beta (reported)
0.84
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
9.83M
Prior 10.59M
Change vs prior
-7.1%
Shorts covering
% of float
7.51%
Normal
% of shares out
6.48%
Against total outstanding
Days to cover
4.9
Liquid
Float
146.40M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

124 on file
DateFirm ActionFromTo
Aug 27, 26 TD Cowen MAINTAINED Buy Buy
Jul 30, 26 Baird UPGRADE Neutral Outperform
Jul 29, 26 Needham MAINTAINED Buy Buy
Jul 9, 26 TD Cowen MAINTAINED Buy Buy
Jun 25, 26 Barrington Research MAINTAINED Outperform Outperform
Apr 30, 26 Barrington Research UPGRADE Market Perform Outperform
Apr 30, 26 JP Morgan MAINTAINED Overweight Overweight
Feb 26, 26 TD Cowen MAINTAINED Buy Buy
Feb 26, 26 Stifel MAINTAINED Buy Buy
Feb 26, 26 Needham MAINTAINED Buy Buy
Jan 9, 26 TD Cowen MAINTAINED Buy Buy
Aug 20, 25 JP Morgan MAINTAINED Overweight Overweight

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split5:1
Split dateAug 2, 2023

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.