XPXP
Market Cap: 9.72B
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 Q1 SEC filings by fund managers ($100M+ AUM)
7% more capital invested
Capital invested by funds: $7.55B [Q4 2023] → $8.09B (+$544M) [Q1 2024]
5.92% more ownership
Funds ownership: 66.5% [Q4 2023] → 72.43% (+5.92%) [Q1 2024]
1% less repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 106
2% less funds holding
Funds holding: 295 [Q4 2023] → 290 (-5) [Q1 2024]
10% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 49
29% less funds holding in top 10
Funds holding in top 10: 17 [Q4 2023] → 12 (-5) [Q1 2024]
30% less call options, than puts
Call options by funds: $225M | Put options by funds: $320M
Research analyst outlook
6 Wall Street Analysts provided 1 year price forecasts over the past 6 months
6 analyst ratings
UBS Thiago Batista | 18%upside $21 | Neutral Downgraded | 11 Jul 2024 |
B of A Securities Mario Pierry | 41%upside $25 | Buy Maintained | 17 Jun 2024 |
Citigroup Gabriel Gusan | 52%upside $27 | Buy Maintained | 5 Jun 2024 |
Goldman Sachs Tito Labarta | 30%upside $23 | Neutral Downgraded | 30 Apr 2024 |
Morgan Stanley Jorge Kuri | 35%upside $24 | Equal-Weight Downgraded | 23 Apr 2024 |
Financial journalist opinion
Based on 3 articles about XP published over the past 30 days