eXp World Holdings Inc (NASDAQ:EXPI) shares shot up 6% during mid-day trading on Tuesday . The company traded as high as $9.75 and last traded at $9.54, 133,745 shares were traded during mid-day trading. A decline of 26% from the average session volume of 180,738 shares. The stock had previously closed at $9.00.

A number of brokerages have issued reports on EXPI. ValuEngine raised eXp World from a “hold” rating to a “buy” rating in a report on Thursday, August 1st. Zacks Investment Research cut eXp World from a “hold” rating to a “sell” rating in a report on Tuesday.

The stock has a fifty day moving average price of $10.50. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.65 and a current ratio of 1.65. The stock has a market capitalization of $566.22 million, a price-to-earnings ratio of -24.46 and a beta of 4.30.

eXp World (NASDAQ:EXPI) last issued its earnings results on Thursday, August 8th. The technology company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.05). eXp World had a negative return on equity of 64.67% and a negative net margin of 2.50%. The firm had revenue of $266.70 million during the quarter, compared to analyst estimates of $259.75 million. During the same period in the previous year, the company earned ($0.03) EPS. eXp World’s revenue for the quarter was up 104.3% on a year-over-year basis. As a group, analysts predict that eXp World Holdings Inc will post -0.17 EPS for the current year.

In related news, Director Richard Stanwood Miller sold 17,500 shares of the company’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $9.90, for a total transaction of $173,250.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Scott Petronis sold 91,875 shares of the company’s stock in a transaction dated Friday, May 17th. The shares were sold at an average price of $11.07, for a total value of $1,017,056.25. The disclosure for this sale can be found here. Insiders sold a total of 449,546 shares of company stock worth $4,931,855 in the last quarter. Corporate insiders own 43.57% of the company’s stock.

Several institutional investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp boosted its position in shares of eXp World by 4.4% during the 4th quarter. Bank of New York Mellon Corp now owns 23,452 shares of the technology company’s stock valued at $166,000 after purchasing an additional 993 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of eXp World by 4.6% during the 2nd quarter. Wells Fargo & Company MN now owns 23,717 shares of the technology company’s stock valued at $263,000 after purchasing an additional 1,053 shares in the last quarter. Sigma Planning Corp boosted its position in shares of eXp World by 8.9% during the 2nd quarter. Sigma Planning Corp now owns 18,646 shares of the technology company’s stock valued at $208,000 after purchasing an additional 1,531 shares in the last quarter. Jane Street Group LLC boosted its position in shares of eXp World by 10.2% during the 4th quarter. Jane Street Group LLC now owns 25,701 shares of the technology company’s stock valued at $182,000 after purchasing an additional 2,384 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in shares of eXp World by 10.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 29,354 shares of the technology company’s stock valued at $326,000 after purchasing an additional 2,717 shares in the last quarter. Institutional investors own 6.03% of the company’s stock.

eXp World Company Profile (NASDAQ:EXPI)

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, exprealty.com; and provides buyers and sellers access to a network of professional, consumer-centric agents, and brokers.

Featured Article: Preferred Stock

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.