Exp World Holdings, Inc. (NASDAQ:AGNT) Stock Has Average Price Target of $5.38 According to Brokerages

Exp World Holdings, Inc. (NASDAQ:AGNT) has received a consensus recommendation of “Hold” from the six brokerages that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $5.38.

AGNT has been the topic of a number of recent analyst reports. Wall Street Zen downgraded shares of Exp World from a “buy” rating to a “hold” rating in a research note on Saturday, October 17th. Citizens Jmp assumed coverage on Exp World in a research report on Wednesday, October 14th. They set a “market outperform” rating and a $6.00 price target on the stock. Zacks Research raised Exp World from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 23rd. DA Davidson decreased their price target on shares of Exp World from $6.50 to $4.75 and set a “neutral” rating on the stock in a research note on Wednesday, August 5th. Finally, Benchmark reduced their price objective on Exp World from $8.00 to $6.00 and set a “buy” rating on the stock in a research note on Wednesday, August 5th.

Insider Transactions at Exp World

In related news, major shareholder Gratitude 2022 Trust U/A/D 8/2 sold 8,693,290 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $3.68, for a total value of $31,991,307.20. Following the sale, the insider directly owned 18,037,824 shares of the company’s stock, valued at $66,379,192.32. This trade represents a 32.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 26.59% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. SEB Asset Management AB purchased a new position in shares of Exp World during the 1st quarter worth approximately $587,000. Quadrant Capital Group LLC bought a new stake in shares of Exp World during the 3rd quarter valued at $317,000. Illinois Municipal Retirement Fund increased its stake in shares of Exp World by 3.6% in the 1st quarter. Illinois Municipal Retirement Fund now owns 54,099 shares of the technology company’s stock worth $324,000 after acquiring an additional 1,872 shares in the last quarter. Citizens Financial Group Inc. RI purchased a new position in Exp World during the 2nd quarter valued at about $279,000. Finally, Louisiana State Employees Retirement System purchased a new position in Exp World during the 1st quarter valued at about $241,000. 27.17% of the stock is currently owned by institutional investors.

Exp World Stock Performance

AGNT opened at $3.91 on Friday. Exp World has a one year low of $3.40 and a one year high of $12.23. The company has a fifty day moving average price of $3.88 and a 200-day moving average price of $5.35.

Exp World (NASDAQ:AGNT) last posted its quarterly earnings data on Thursday, November 5th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.10). Exp World had a negative net margin of 0.35% and a negative return on equity of 5.43%. The business had revenue of $1.39 billion for the quarter. Exp World’s revenue for the quarter was up 5.8% on a year-over-year basis. On average, equities research analysts anticipate that Exp World will post 0.15 EPS for the current fiscal year.

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 cloud-based technologies that provides data, lead generation, and marketing tools for real estate agents and employees. In addition, the company offers SUCCESS print magazine, SUCCESS.com portal, SUCCESS newsletters, SUCCESS podcasts, SUCCESS plus, SUCCESS speakers bureau, and SUCCESS coaching, podcasts, and digital training courses.