Exp World Holdings, Inc. (NASDAQ:AGNT – Get Free Report) major shareholder Gratitude 2022 Trust U/A/D 8/2 sold 8,693,290 shares of the business’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $3.68, for a total transaction of $31,991,307.20. Following the sale, the insider owned 18,037,824 shares in the company, valued at $66,379,192.32. This trade represents a 32.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Exp World Stock Performance
Shares of AGNT opened at $3.75 on Friday. The company’s 50-day simple moving average is $4.32 and its 200-day simple moving average is $5.25. Exp World Holdings, Inc. has a 1 year low of $3.61 and a 1 year high of $12.23. The stock has a market capitalization of $616.20 million, a PE ratio of -34.09 and a beta of 2.05.
Exp World (NASDAQ:AGNT – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The technology company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.10). Exp World had a negative net margin of 0.35% and a negative return on equity of 5.43%. The business had revenue of $1.45 billion during the quarter. The firm’s revenue was up 10.7% on a year-over-year basis. On average, sell-side analysts predict that Exp World Holdings, Inc. will post -0.07 earnings per share for the current year.
Exp World Dividend Announcement
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on AGNT. Weiss Ratings upgraded Exp World from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday. Benchmark cut their price target on Exp World from $8.00 to $6.00 and set a “buy” rating on the stock in a report on Wednesday, August 5th. DA Davidson reduced their price target on Exp World from $6.50 to $4.75 and set a “neutral” rating on the stock in a research report on Wednesday, August 5th. Finally, Zacks Research cut Exp World from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $5.17.
View Our Latest Analysis on AGNT
Institutional Investors Weigh In On Exp World
Hedge funds and other institutional investors have recently modified their holdings of the company. Thrivent Financial for Lutherans grew its position in shares of Exp World by 1.8% in the 2nd quarter. Thrivent Financial for Lutherans now owns 63,158 shares of the technology company’s stock valued at $575,000 after buying an additional 1,126 shares during the last quarter. Raymond James Financial Inc. lifted its position in Exp World by 14.6% in the third quarter. Raymond James Financial Inc. now owns 11,609 shares of the technology company’s stock valued at $124,000 after acquiring an additional 1,475 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in Exp World by 41.2% in the first quarter. Geneos Wealth Management Inc. now owns 6,365 shares of the technology company’s stock valued at $62,000 after acquiring an additional 1,856 shares during the last quarter. Illinois Municipal Retirement Fund boosted its stake in Exp World by 3.6% in the first quarter. Illinois Municipal Retirement Fund now owns 54,099 shares of the technology company’s stock valued at $324,000 after acquiring an additional 1,872 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in Exp World by 139.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,429 shares of the technology company’s stock valued at $31,000 after acquiring an additional 1,998 shares in the last quarter. 27.17% of the stock is currently owned by institutional investors and hedge funds.
About Exp World
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.
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