Insider Selling: eXp World Holdings Inc (EXPI) Insider Sells 8,333 Shares of Stock

eXp World Holdings Inc (NASDAQ:EXPI) insider Alan M. Goldman sold 8,333 shares of the firm’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $10.04, for a total transaction of $83,663.32. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

NASDAQ EXPI traded up $0.02 on Friday, hitting $10.20. The company had a trading volume of 189,976 shares, compared to its average volume of 160,529. The firm has a market cap of $640.21 million, a PE ratio of -26.15 and a beta of 4.97. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.65 and a current ratio of 1.65. eXp World Holdings Inc has a 12-month low of $6.61 and a 12-month high of $19.72.

eXp World (NASDAQ:EXPI) last released its earnings results on Thursday, May 9th. The technology company reported ($0.10) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.11) by $0.01. eXp World had a negative net margin of 3.03% and a negative return on equity of 72.09%. The business had revenue of $157.00 million during the quarter, compared to analyst estimates of $144.00 million. The business’s revenue was up 153.2% compared to the same quarter last year. On average, equities analysts predict that eXp World Holdings Inc will post -0.17 EPS for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in EXPI. Vanguard Group Inc purchased a new position in eXp World in the third quarter valued at approximately $16,417,000. Vanguard Group Inc. acquired a new stake in eXp World in the third quarter valued at $16,417,000. Phoenician Capital LLC acquired a new stake in eXp World in the first quarter valued at $6,678,000. BlackRock Inc. acquired a new stake in eXp World in the third quarter valued at $4,154,000. Finally, Park West Asset Management LLC acquired a new stake in eXp World in the fourth quarter valued at $1,239,000. Hedge funds and other institutional investors own 6.05% of the company’s stock.

A number of research analysts have commented on the stock. Zacks Investment Research raised shares of eXp World from a “sell” rating to a “hold” rating in a research report on Tuesday. William Blair restated an “outperform” rating on shares of eXp World in a report on Monday, March 18th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price 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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Insider Buying and Selling by Quarter for eXp World (NASDAQ:EXPI)

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