Exp World (NASDAQ:EXPI) Director Randall Miles Sells 10,000 Shares

Exp World Holdings, Inc. (NASDAQ:EXPI) Director Randall Miles sold 10,000 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $10.02, for a total value of $100,200.00. Following the sale, the director directly owned 497,190 shares of the company’s stock, valued at $4,981,843.80. The trade was a 1.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Exp World Trading Down 1.2%

Shares of EXPI traded down $0.12 on Tuesday, reaching $9.89. 1,087,684 shares of the company’s stock traded hands, compared to its average volume of 899,829. The stock has a market cap of $1.56 billion, a PE ratio of -49.45 and a beta of 2.04. The stock’s 50 day simple moving average is $10.86 and its two-hundred day simple moving average is $9.87. Exp World Holdings, Inc. has a 52-week low of $6.90 and a 52-week high of $15.22.

Analysts Set New Price Targets

EXPI has been the subject of a number of research analyst reports. Zacks Research upgraded shares of Exp World from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 30th. DA Davidson set a $12.00 price objective on shares of Exp World and gave the stock a “buy” rating in a report on Friday, July 11th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Exp World in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Exp World has a consensus rating of “Hold” and a consensus target price of $12.00.

Hedge Funds Weigh In On Exp World

Hedge funds have recently made changes to their positions in the stock. Allianz Asset Management GmbH grew its holdings in Exp World by 60.4% during the 3rd quarter. Allianz Asset Management GmbH now owns 592,305 shares of the technology company’s stock valued at $6,314,000 after buying an additional 223,128 shares in the last quarter. Jones Financial Companies Lllp grew its stake in Exp World by 73.4% during the third quarter. Jones Financial Companies Lllp now owns 3,582 shares of the technology company’s stock valued at $40,000 after acquiring an additional 1,516 shares in the last quarter. Principal Financial Group Inc. grew its stake in Exp World by 26.3% during the third quarter. Principal Financial Group Inc. now owns 537,545 shares of the technology company’s stock valued at $5,730,000 after acquiring an additional 111,963 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in Exp World by 2.4% during the third quarter. Thrivent Financial for Lutherans now owns 64,656 shares of the technology company’s stock valued at $689,000 after acquiring an additional 1,498 shares in the last quarter. Finally, Everhart Financial Group Inc. grew its stake in Exp World by 20.7% during the third quarter. Everhart Financial Group Inc. now owns 56,358 shares of the technology company’s stock valued at $601,000 after acquiring an additional 9,675 shares in the last quarter. 27.17% of the stock is currently owned by hedge funds and other institutional investors.

Exp World Company Profile

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.