XPXP Market cap $9.51B
About: XP Inc is a Cayman Island-based technology-driven financial services platform. It is a provider of low-fee financial products and services in Brazil. The company evaluates its business through a single segment such as monitoring operations, making decisions on fund allocation, and evaluating the performance. It generates revenue through the Brokerage commission.
Employees: 6,669
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
130% more call options, than puts
Call options by funds: $66M | Put options by funds: $28.6M
10% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 92
2.5% less ownership
Funds ownership: 73.65% [Q1] → 71.15% (-2.5%) [Q2]
11% less funds holding
Funds holding: 293 [Q1] → 260 (-33) [Q2]
31% less funds holding in top 10
Funds holding in top 10: 13 [Q1] → 9 (-4) [Q2]
34% less capital invested
Capital invested by funds: $8.23B [Q1] → $5.47B (-$2.76B) [Q2]
46% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 72
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Goldman Sachs Tito Labarta 31% 1-year accuracy 4 / 13 met price target | 7%upside $19 | Neutral Maintained | 30 Jul 2024 |
UBS Thiago Batista 100% 1-year accuracy 2 / 2 met price target | 18%upside $21 | Neutral Downgraded | 11 Jul 2024 |