eXp World Holdings, Inc. (NASDAQ:EXPI – Get Free Report) Director Randall D. Miles sold 3,715 shares of the stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $25.05, for a total transaction of $93,060.75. Following the sale, the director now owns 577,665 shares in the company, valued at approximately $14,470,508.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
eXp World Trading Down 4.3 %
EXPI opened at $23.71 on Thursday. The business’s 50 day moving average is $21.08 and its 200-day moving average is $16.04. The stock has a market cap of $3.64 billion, a PE ratio of 474.29 and a beta of 2.73. eXp World Holdings, Inc. has a twelve month low of $9.96 and a twelve month high of $25.39.
eXp World (NASDAQ:EXPI – Get Free Report) last announced its earnings results on Thursday, August 3rd. The technology company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.03). eXp World had a net margin of 0.19% and a return on equity of 3.17%. The business had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the previous year, the firm earned $0.06 EPS. The firm’s revenue was down 15.2% on a year-over-year basis. As a group, analysts forecast that eXp World Holdings, Inc. will post 0.26 EPS for the current year.
eXp World Increases Dividend
Institutional Trading of eXp World
Hedge funds and other institutional investors have recently made changes to their positions in the stock. FNY Investment Advisers LLC bought a new stake in eXp World during the second quarter worth approximately $33,000. EverSource Wealth Advisors LLC bought a new stake in shares of eXp World in the 4th quarter worth $25,000. First Horizon Advisors Inc. lifted its holdings in shares of eXp World by 72.2% in the fourth quarter. First Horizon Advisors Inc. now owns 2,905 shares of the technology company’s stock valued at $32,000 after buying an additional 1,218 shares during the period. Exchange Traded Concepts LLC boosted its stake in eXp World by 313.9% during the second quarter. Exchange Traded Concepts LLC now owns 3,998 shares of the technology company’s stock valued at $81,000 after buying an additional 3,032 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in eXp World by 87.7% during the first quarter. Allspring Global Investments Holdings LLC now owns 5,339 shares of the technology company’s stock worth $68,000 after acquiring an additional 2,495 shares during the period. 27.17% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
EXPI has been the topic of a number of research reports. BTIG Research began coverage on eXp World in a research report on Monday, July 17th. They set a “sell” rating and a $14.00 price target on the stock. DA Davidson raised their target price on eXp World from $20.00 to $28.00 in a research note on Monday.
View Our Latest Analysis on EXPI
eXp World Company Profile
eXp World Holdings, Inc, together with its subsidiaries, provides cloud-based real estate brokerage services for residential homeowners and homebuyers. The company operates through North American Realty, International Realty, Virbela, and Other Affiliated Services segments. It provides Virbela, a technology platform that provides 24/7 access to collaboration tools, training, and social communities for real estate agents and employees.
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