ValuEngine Lowers eXp World (EXPI) to Hold
ValuEngine lowered shares of eXp World (NASDAQ:EXPI) from a buy rating to a hold rating in a research note issued to investors on Monday.
A number of other equities analysts also recently commented on the company. Zacks Investment Research downgraded eXp World from a buy rating to a hold rating in a report on Tuesday, October 16th. DA Davidson cut their price objective on eXp World to $20.00 and set a buy rating on the stock in a report on Wednesday, November 14th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus price target of $18.67.
Shares of eXp World stock traded up $0.31 during trading hours on Monday, reaching $9.19. The stock had a trading volume of 5,613 shares, compared to its average volume of 215,747. eXp World has a 1 year low of $6.61 and a 1 year high of $19.72.
In other news, Director Richard Stanwood Miller sold 3,077 shares of the stock in a transaction dated Tuesday, November 13th. The stock was sold at an average price of $12.53, for a total value of $38,554.81. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Randall D. Miles sold 10,000 shares of the stock in a transaction dated Tuesday, November 6th. The shares were sold at an average price of $12.33, for a total value of $123,300.00. The disclosure for this sale can be found here. Company insiders own 47.20% of the company’s stock.
Hedge funds have recently bought and sold shares of the company. D.A. Davidson & CO. acquired a new stake in eXp World during the 3rd quarter valued at approximately $248,000. GSA Capital Partners LLP acquired a new stake in eXp World during the 3rd quarter valued at approximately $358,000. Engineers Gate Manager LP acquired a new stake in eXp World during the 3rd quarter valued at approximately $369,000. Bank of New York Mellon Corp acquired a new stake in eXp World during the 3rd quarter valued at approximately $413,000. Finally, Jane Street Group LLC acquired a new stake in eXp World during the 3rd quarter valued at approximately $429,000. Institutional investors and hedge funds own 4.53% of the company’s stock.
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; and provides buyers and sellers access to a network of professional, consumer-centric agents, and brokers.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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