Principal Financial Group Inc. cut its holdings in Exp World Holdings, Inc. (NASDAQ:AGNT – Free Report) by 25.0% in the first quarter, HoldingsChannel reports. The firm owned 442,626 shares of the technology company’s stock after selling 147,562 shares during the quarter. Principal Financial Group Inc.’s holdings in Exp World were worth $2,651,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in Exp World by 5.1% during the fourth quarter. Vanguard Group Inc. now owns 14,113,222 shares of the technology company’s stock valued at $127,725,000 after purchasing an additional 690,694 shares during the last quarter. UBS Group AG increased its holdings in shares of Exp World by 81.7% in the 4th quarter. UBS Group AG now owns 1,778,193 shares of the technology company’s stock worth $16,093,000 after buying an additional 799,587 shares during the last quarter. OP Asset Management Ltd bought a new stake in shares of Exp World in the 1st quarter worth about $2,451,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Exp World by 106,586.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 213,372 shares of the technology company’s stock valued at $1,931,000 after buying an additional 213,172 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its position in shares of Exp World by 139.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,429 shares of the technology company’s stock valued at $31,000 after buying an additional 1,998 shares in the last quarter. Institutional investors own 27.17% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on the company. Wall Street Zen upgraded Exp World to a “hold” rating in a research report on Sunday, May 10th. DA Davidson restated a “neutral” rating and set a $6.50 price objective (down from $10.25) on shares of Exp World in a research report on Thursday, July 2nd. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Exp World in a report on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $6.42.
Exp World Trading Down 4.7%
Exp World stock opened at $3.83 on Thursday. Exp World Holdings, Inc. has a 12-month low of $3.72 and a 12-month high of $12.23. The firm has a 50-day moving average price of $4.76 and a 200-day moving average price of $6.22. The firm has a market capitalization of $629.35 million, a PE ratio of -38.30 and a beta of 2.06.
Exp World (NASDAQ:AGNT – Get Free Report) last issued its quarterly earnings results on Monday, May 11th. The technology company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.05) by $0.02. Exp World had a negative net margin of 0.35% and a negative return on equity of 7.05%. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $971.32 million. As a group, sell-side analysts predict that Exp World Holdings, Inc. will post 0.08 earnings per share for the current fiscal year.
Exp World Profile
eXp World Holdings, Inc (NASDAQ: EXPI) is a cloud-based real estate company that operates a global brokerage model through its eXp Realty subsidiary. Founded in 2009 by industry veteran Glenn Sanford and headquartered in Bellingham, Washington, the company leverages a virtual business environment to connect and support real estate professionals. eXp Realty’s technology-driven platform enables licensed agents to list, show and manage residential property transactions without the overhead of traditional brick-and-mortar offices.
At the core of eXp World’s offering is its proprietary virtual campus, which provides real-time training, collaboration and networking via an immersive online environment.
Read More
- Five stocks we like better than Exp World
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
Want to see what other hedge funds are holding AGNT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exp World Holdings, Inc. (NASDAQ:AGNT – Free Report).
Receive News & Ratings for Exp World Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exp World and related companies with MarketBeat.com's FREE daily email newsletter.
