D.A. Davidson & CO. boosted its position in shares of eXp World Holdings Inc (NASDAQ:EXPI) by 17.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 15,775 shares of the technology company’s stock after acquiring an additional 2,300 shares during the quarter. D.A. Davidson & CO.’s holdings in eXp World were worth $112,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of EXPI. GSA Capital Partners LLP acquired a new stake in eXp World during the 3rd quarter worth about $358,000. Engineers Gate Manager LP acquired a new stake in eXp World during the 3rd quarter worth about $369,000. Bank of New York Mellon Corp acquired a new stake in eXp World during the 3rd quarter worth about $413,000. Jane Street Group LLC acquired a new stake in eXp World during the 3rd quarter worth about $429,000. Finally, Russell Investments Group Ltd. acquired a new stake in eXp World during the 3rd quarter worth about $663,000. 4.61% of the stock is owned by institutional investors.
A number of analysts have commented on the company. Zacks Investment Research raised eXp World from a “sell” rating to a “hold” rating in a research report on Monday, January 7th. DA Davidson lowered their price target on eXp World to $20.00 and set a “buy” rating for the company in a research report on Wednesday, November 14th. Finally, ValuEngine cut eXp World from a “buy” rating to a “hold” rating in a research report on Monday, January 7th.
eXp World (NASDAQ:EXPI) last issued its quarterly earnings data on Tuesday, November 13th. The technology company reported ($0.08) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by ($0.03). The company had revenue of $157.20 million during the quarter, compared to analyst estimates of $134.56 million. eXp World had a negative net margin of 7.29% and a negative return on equity of 238.59%. eXp World’s revenue was up 231.6% on a year-over-year basis. As a group, research analysts anticipate that eXp World Holdings Inc will post -0.4 EPS for the current fiscal year.
In other news, Director Richard Stanwood Miller sold 11,000 shares of the business’s stock in a transaction dated Saturday, February 9th. The stock was sold at an average price of $10.75, for a total value of $118,250.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Alan M. Goldman sold 8,333 shares of the business’s stock in a transaction dated Monday, February 4th. The shares were sold at an average price of $10.83, for a total value of $90,246.39. The disclosure for this sale can be found here. In the last three months, insiders sold 27,666 shares of company stock valued at $292,826. Insiders own 47.20% of the company’s stock.
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About eXp World
eXp World Holdings, Inc provides cloud-based real estate brokerage services for residential real estate market in the United states and Canada. The company facilitates buyers to search real-time property listings and sellers to list their properties through its Website; and provides buyers and sellers access to a network of professional, consumer-centric agents, and brokers.
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