Exp World (NASDAQ:EXPI - Get Free Report) has been given a $12.00 price objective by research analysts at DA Davidson in a note issued to investors on Friday, July 11th, MarketBeat Ratings reports. The brokerage currently has a "buy" rating on the technology company's stock. DA Davidson's target price would suggest a potential upside of 10.70% from the stock's current price.
Exp World Trading Down 3.3%
Shares of EXPI stock opened at $10.84 on Friday. Exp World has a 12-month low of $6.90 and a 12-month high of $15.39. The business's 50 day moving average is $9.40 and its two-hundred day moving average is $9.68. The company has a market capitalization of $1.69 billion, a P/E ratio of -98.55 and a beta of 2.52.
Exp World (NASDAQ:EXPI - Get Free Report) last announced its earnings results on Tuesday, May 6th. The technology company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.12). Exp World had a positive return on equity of 1.85% and a negative net margin of 0.36%. The business had revenue of $954.91 million for the quarter, compared to analyst estimates of $994.83 million. During the same period in the previous year, the company earned ($0.02) earnings per share. The company's quarterly revenue was up 1.3% compared to the same quarter last year. On average, research analysts predict that Exp World will post 0.48 earnings per share for the current fiscal year.
Insider Activity
In other news, Director Randall D. Miles sold 10,000 shares of the firm's stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $9.15, for a total value of $91,500.00. Following the transaction, the director owned 537,190 shares in the company, valued at $4,915,288.50. This trade represents a 1.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Glenn Darrel Sanford sold 25,000 shares of the business's stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $7.99, for a total value of $199,750.00. Following the sale, the chief executive officer owned 39,628,400 shares of the company's stock, valued at $316,630,916. The trade was a 0.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 85,000 shares of company stock valued at $710,000. Insiders own 27.96% of the company's stock.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EXPI. Nordea Investment Management AB raised its position in shares of Exp World by 1.0% in the second quarter. Nordea Investment Management AB now owns 461,937 shares of the technology company's stock valued at $4,273,000 after buying an additional 4,645 shares during the last quarter. Allianz Asset Management GmbH raised its holdings in Exp World by 39.3% in the 2nd quarter. Allianz Asset Management GmbH now owns 369,177 shares of the technology company's stock valued at $3,360,000 after acquiring an additional 104,150 shares during the last quarter. Prasad Wealth Partners LLC lifted its stake in Exp World by 26.9% in the 2nd quarter. Prasad Wealth Partners LLC now owns 43,951 shares of the technology company's stock worth $400,000 after purchasing an additional 9,308 shares in the last quarter. QRG Capital Management Inc. boosted its holdings in shares of Exp World by 9.6% during the 2nd quarter. QRG Capital Management Inc. now owns 16,267 shares of the technology company's stock worth $148,000 after purchasing an additional 1,424 shares during the last quarter. Finally, State of Alaska Department of Revenue grew its position in shares of Exp World by 9.2% in the second quarter. State of Alaska Department of Revenue now owns 51,116 shares of the technology company's stock valued at $465,000 after purchasing an additional 4,321 shares in the last quarter. Hedge funds and other institutional investors own 27.17% of the company's stock.
About Exp World
(
Get Free Report)
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.
Further Reading
Before you consider Exp World, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Exp World wasn't on the list.
While Exp World currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for August 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
