Major Shareholder of eXp World Holdings, Engages in Insider Selling.
January 30, 2023
Trending News ☀️
EXP ($NASDAQ:EXPI): eXp World Holdings, Inc. is a publicly traded company specializing in real estate services, technology, and education. It is headquartered in Bellingham, Washington and operates in the United States, Canada, and the United Kingdom. The company recently experienced significant insider selling by one of its major shareholders. The shareholder divested 60,000 of their shares in the company and generated a substantial amount of revenue from the sale. Insider trading is a practice that is closely monitored by the Securities and Exchange Commission (SEC). It is important that major shareholders of public companies do not manipulate the stock market for personal gain. The SEC has placed tight regulations on insider trading to protect investors and ensure fair and transparent markets.
The divestment of 60,000 shares by this major shareholder in eXp World Holdings, Inc. has raised questions about the company’s future prospects. This large-scale sale could be a sign that the investor is losing confidence in the company’s business prospects or that they are seeking to diversify their holding portfolio. It is unclear if the sale was motivated by any specific news or events as the shareholder has not released a public statement. Shareholders of eXp World Holdings, Inc. should pay close attention to news regarding the company’s operations and its major shareholders. Although insider selling can be a sign of declining confidence in the stock’s future prospects, it can also be a sign of general portfolio diversification. Ultimately, it is up to each individual investor to do their own research and make informed decisions about their investments.
Share Price
On Monday, eXp World Holdings, Inc. (EXP WORLD) opened at $13.8 and closed at $14.2, up by 2.9% from its last closing price of $13.8. Despite this news, the market reaction to the day’s trading was mostly positive. This marks the second time in the past month that VRI has sold its shares in EXP WORLD. The news of insider selling has not had a major impact on the stock price, which has remained relatively steady in the weeks since the announcement. This suggests that investors remain largely confident in the company’s prospects going forward. While it is true that insider selling can be a sign of trouble for a company, it is not always the case.
In this instance, it appears that VRI is simply looking to diversify its investments. As such, it is unlikely that this news will have a major effect on EXP WORLD’s stock price in the near future. In conclusion, while the news of insider selling by a major shareholder of EXP WORLD was certainly noteworthy, the market reaction was mostly positive and the stock price has remained relatively steady. As such, it appears that investors remain confident in the company’s prospects going forward. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Exp World. More…
| Total Revenues | Net Income | Net Margin |
| 4.74k | 38.15 | 2.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Exp World. More…
| Operations | Investing | Financing |
| 235.8 | -24.15 | -191.16 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Exp World. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 440.87 | 183.8 | 1.68 |
Key Ratios Snapshot
Some of the financial key ratios for Exp World are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 76.9% | – | 0.9% |
| FCF Margin | ROE | ROA |
| 4.7% | 4.3% | 2.5% |
VI Analysis
Company fundamentals are an important indicator of a company’s long term potential. VI app provides a simple way to assess the fundamentals of EXP WORLD, which is reflected in its VI Star Chart. The chart indicates that EXP WORLD is strong in asset and growth and medium in dividend and profitability. Additionally, EXP WORLD has a high health score of 10/10 with regard to its cashflows and debt, meaning it is capable of riding out any crisis without the risk of bankruptcy. EXP WORLD is classified as a “cheetah” type of company, as it has achieved high revenue or earnings growth but is considered less stable due to lower profitability. This type of company may be of interest to investors looking for higher risk investments with the potential for greater returns. Investors seeking a lower risk investment may choose to look elsewhere, as this type of company can be more volatile and financially risky. Overall, EXP WORLD’s strong fundamentals indicate that it has the potential for long-term success and could be an attractive option for investors looking for higher risk investments. However, investors should take into consideration the risks associated with this type of company before investing. More…
VI Peers
The company operates through its wholly owned subsidiary, eXp Realty, LLC. eXp Realty is a national real estate brokerage company with over 30,000 real estate agents in the United States, Canada, and the United Kingdom. The company offers a suite of cloud-based real estate services, including brokerage, transaction management, lead generation, and marketing. eXp World Holdings Inc. competes with Redfin Corp, Opendoor Technologies Inc, and Realogy Holdings Corp in the online real estate brokerage market. These companies offer similar services as eXp World Holdings Inc, but differ in their business models and geographic focus.
– Redfin Corp ($NASDAQ:RDFN)
Redfin is a technology-powered real estate brokerage, founded in 2004 and headquartered in Seattle, WA. They offer a full-service platform for buying and selling homes, as well as a suite of tools and services for homebuyers and sellers. Redfin has a market cap of $516.24M as of 2022 and a return on equity of -50.48%. The company has been growing rapidly, with revenue increasing from $267M in 2016 to $1.1B in 2020. However, Redfin has not been profitable on an GAAP basis, with net losses of $141M in 2020. The company is investing heavily in expansion and technology, which has led to negative cash flow from operations in recent years.
– Opendoor Technologies Inc ($NASDAQ:OPEN)
Opendoor Technologies Inc is a real estate company that allows users to buy and sell homes through its online platform. The company has a market cap of 1.53B as of 2022 and a return on equity of 0.03%. Opendoor was founded in 2014 and is headquartered in San Francisco, CA.
Summary
eXp World Holdings, Inc. is a publicly traded company with a major shareholder engaging in insider selling. Currently, the company has a positive outlook among investors and analysts. Its stock price has seen steady growth over the past year, and it has generated solid returns for those who have invested in its stock. The company’s fundamentals are sound and it has reported impressive financial results.
Its business model is poised to capitalize on the growing demand for digital real estate services. The company also has a robust balance sheet and experienced management team that provides support and guidance to shareholders. With its upsides and potential for growth, investing in eXp World Holdings, Inc. can be a great long-term strategy.
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