eXp World Holdings Inc (EXPI) Director Randall D. Miles Sells 15,000 Shares

eXp World Holdings Inc (NASDAQ:EXPI) Director Randall D. Miles sold 15,000 shares of the stock in a transaction dated Monday, May 20th. The shares were sold at an average price of $11.68, for a total transaction of $175,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

EXPI stock traded down $0.42 during midday trading on Thursday, hitting $11.93. The company’s stock had a trading volume of 3,359 shares, compared to its average volume of 187,458. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.06. eXp World Holdings Inc has a 52-week low of $6.61 and a 52-week high of $19.72. The stock has a market capitalization of $762.37 million, a PE ratio of -30.67 and a beta of 4.97.

eXp World (NASDAQ:EXPI) last issued its quarterly earnings results on Thursday, May 9th. The technology company reported ($0.10) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.11) by $0.01. The company had revenue of $157.00 million during the quarter, compared to analysts’ expectations of $144.00 million. eXp World had a negative net margin of 3.03% and a negative return on equity of 72.09%. The business’s quarterly revenue was up 153.2% compared to the same quarter last year. Analysts expect that eXp World Holdings Inc will post -0.17 EPS for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the company. BlueCrest Capital Management Ltd boosted its stake in eXp World by 25.6% during the first quarter. BlueCrest Capital Management Ltd now owns 22,330 shares of the technology company’s stock worth $243,000 after buying an additional 4,545 shares in the last quarter. Jefferies Group LLC acquired a new stake in eXp World during the first quarter worth $112,000. ExodusPoint Capital Management LP boosted its stake in eXp World by 128.6% during the first quarter. ExodusPoint Capital Management LP now owns 50,745 shares of the technology company’s stock worth $552,000 after buying an additional 28,545 shares in the last quarter. Geode Capital Management LLC boosted its stake in eXp World by 2.2% during the first quarter. Geode Capital Management LLC now owns 299,986 shares of the technology company’s stock worth $3,260,000 after buying an additional 6,594 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in eXp World by 9.1% during the first quarter. Charles Schwab Investment Management Inc. now owns 137,279 shares of the technology company’s stock worth $1,493,000 after buying an additional 11,434 shares in the last quarter. 5.63% of the stock is owned by institutional investors and hedge funds.

EXPI has been the subject of several research reports. William Blair reiterated an “outperform” rating on shares of eXp World in a report on Monday, March 18th. Zacks Investment Research upgraded shares of eXp World from a “sell” rating to a “hold” rating in a report on Monday, March 11th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $18.67.

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eXp World Company Profile

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, exprealty.com; and provides buyers and sellers access to a network of professional, consumer-centric agents, and brokers.

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