eXp World (NASDAQ:EXPI – Get Rating) had its target price decreased by stock analysts at DA Davidson from $45.00 to $34.00 in a research note issued to investors on Thursday, The Fly reports. DA Davidson’s target price suggests a potential upside of 113.17% from the company’s previous close.
A number of other research firms have also commented on EXPI. Zacks Investment Research lowered shares of eXp World from a “buy” rating to a “hold” rating in a research report on Wednesday, April 27th. William Blair reaffirmed a “market perform” rating on shares of eXp World in a research note on Friday, February 25th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, eXp World has an average rating of “Hold” and a consensus target price of $39.00.
Shares of NASDAQ:EXPI opened at $15.95 on Thursday. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $2.38 billion, a PE ratio of 30.67 and a beta of 3.14. eXp World has a twelve month low of $13.16 and a twelve month high of $55.43. The company has a 50-day moving average price of $20.44 and a two-hundred day moving average price of $30.13.
In related news, CEO Glenn Darrel Sanford sold 9,000 shares of eXp World stock in a transaction on Friday, February 4th. The shares were sold at an average price of $26.91, for a total value of $242,190.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Jason Gesing sold 7,000 shares of eXp World stock in a transaction on Monday, May 2nd. The shares were sold at an average price of $13.30, for a total transaction of $93,100.00. Following the completion of the sale, the chief executive officer now owns 2,195,312 shares in the company, valued at approximately $29,197,649.60. The disclosure for this sale can be found here. Insiders have sold 286,942 shares of company stock worth $6,534,671 over the last three months. Insiders own 35.90% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in the stock. Covestor Ltd bought a new stake in shares of eXp World during the 4th quarter valued at $30,000. US Bancorp DE boosted its holdings in shares of eXp World by 1,126.5% during the 3rd quarter. US Bancorp DE now owns 834 shares of the technology company’s stock valued at $33,000 after buying an additional 766 shares in the last quarter. TAP Consulting LLC bought a new stake in shares of eXp World during the 4th quarter valued at $38,000. Nisa Investment Advisors LLC boosted its holdings in shares of eXp World by 202.0% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,510 shares of the technology company’s stock valued at $41,000 after buying an additional 1,010 shares in the last quarter. Finally, Fieldpoint Private Securities LLC bought a new stake in shares of eXp World during the 1st quarter valued at $41,000. Institutional investors and hedge funds own 54.70% of the company’s stock.
eXp World Company Profile (Get Rating)
eXp World Holdings, Inc, together with its subsidiaries, provides cloud-based real estate brokerage services for residential homeowners and homebuyers. The company facilitates buyers to search real-time property listings and sellers to list their properties through its various platforms; and offers buyers and sellers with access to a network of professionals, consumer-centric agents, and brokers.
- Get a free copy of the StockNews.com research report on eXp World (EXPI)
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