eXp World Holdings Inc (EXPI) Director Sells $123,300.00 in Stock

eXp World Holdings Inc (NASDAQ:EXPI) Director Randall D. Miles sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 6th. The shares were sold at an average price of $12.33, for a total value of $123,300.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

EXPI stock traded up $0.36 during midday trading on Tuesday, hitting $12.19. 296,323 shares of the stock were exchanged, compared to its average volume of 122,110. eXp World Holdings Inc has a fifty-two week low of $5.90 and a fifty-two week high of $19.72.

eXp World (NASDAQ:EXPI) last issued its quarterly earnings data on Monday, August 13th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.03. The firm had revenue of $130.54 million during the quarter, compared to analysts’ expectations of $111.38 million. eXp World had a negative return on equity of 434.65% and a negative net margin of 11.13%. As a group, research analysts predict that eXp World Holdings Inc will post -0.37 earnings per share for the current year.

EXPI has been the subject of several research reports. Zacks Investment Research raised eXp World from a “sell” rating to a “hold” rating in a report on Wednesday, July 18th. Stephens initiated coverage on eXp World in a report on Tuesday, July 31st. They set an “overweight” rating and a $20.00 price objective for the company. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $15.90.

A number of hedge funds have recently modified their holdings of EXPI. Northpointe Capital LLC acquired a new position in eXp World during the third quarter worth $2,055,000. Russell Investments Group Ltd. acquired a new position in eXp World during the third quarter worth $663,000. Emerald Mutual Fund Advisers Trust acquired a new position in eXp World during the third quarter worth $6,403,000. Valeo Financial Advisors LLC acquired a new position in eXp World during the third quarter worth $915,000. Finally, Engineers Gate Manager LP acquired a new position in eXp World during the third quarter worth $369,000. 0.49% of the stock is owned by hedge funds and other institutional investors.

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About eXp World

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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