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New Big Money Means eXp World Holdings Inc (EXPI) Investors Could Reap Benefit

eXp World Holdings Inc (NASDAQ: EXPI) is 0.26% higher on its value in year-to-date trading and has touched a low of $8.91 and a high of $15.39 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EXPI stock was last observed hovering at around $11.32 in the last trading session, with the day’s gains setting it 0.22%.

Currently trading at $11.54, the stock is -0.15% and -9.82% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing 1.94% at the moment leaves the stock -6.14% off its SMA200. EXPI registered -11.91% loss for a year compared to 6-month loss of -20.08%. The firm has a 50-day simple moving average (SMA 50) of $12.8326 and a 200-day simple moving average (SMA200) of $12.287775.

The stock witnessed a -10.26% gain in the last 1 month and extending the period to 3 months gives it a -12.24%, and is 2.85% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.89% over the week and 5.03% over the month.

eXp World Holdings Inc (EXPI) has around 2114 employees, a market worth around $1.77B and $4.45B in sales. Fwd P/E is 29.34. Profit margin for the company is -0.74%. Distance from 52-week low is 29.52% and -25.02% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.61%).

with sales reaching $1.03B over the same period.The EPS is expected to shrink by -74.45% this year, but quarterly earnings will post 5.13% year-over-year. Quarterly sales are estimated to grow 4.90% in year-over-year returns.

321.0 institutions hold shares in eXp World Holdings Inc (EXPI), with institutional investors hold 75.31% of the company’s shares. The shares outstanding are 153.55M, and float is at 83.26M with Short Float at 25.57%. Institutions hold 38.45% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 12.04 million shares valued at $135.84 million. The investor’s holdings represent 7.779 of the EXPI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 12.02 million shares valued at $135.63 million to account for 7.7672 of the shares outstanding. The other top investors are COPELAND CAPITAL MANAGEMENT, LLC which holds 3.92 million shares representing 2.5313 and valued at over $44.2 million, while STATE STREET CORP holds 1.8514 of the shares totaling 2.86 million with a market value of $32.33 million.

eXp World Holdings Inc (EXPI) Insider Activity

The most recent transaction is an insider sale by Sanford Glenn Darrel, the company’s CEO and Chairman of the Board. SEC filings show that Sanford Glenn Darrel sold 25,000 shares of the company’s common stock on Jan 13 ’25 at a price of $10.74 per share for a total of $0.27 million. Following the sale, the insider now owns 40.12 million shares.

Still, SEC filings show that on Jan 06 ’25, Sanford Glenn Darrel (CEO and Chairman of the Board) disposed off 25,000 shares at an average price of $11.52 for $0.29 million. The insider now directly holds 40,147,450 shares of eXp World Holdings Inc (EXPI).

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