XP (NASDAQ:XP) Shares Gap Down – Here’s What Happened

Shares of XP Inc. (NASDAQ:XP) gapped down prior to trading on Tuesday . The stock had previously closed at $17.34, but opened at $16.44. XP shares last traded at $16.7720, with a volume of 2,211,994 shares traded.

More XP News

Here are the key news stories impacting XP this week:

• Positive Sentiment: XP’s board approved a higher annual cash dividend of $0.20 per share, up from $0.18, and authorized a new share repurchase program, which can support shareholder returns. XP Inc. Announces Cash Dividend and New Share Repurchase Program
• Positive Sentiment: The company reported solid year-over-year growth in assets, with total client assets rising to R$1,529 billion, suggesting the platform continues to gather scale. XP Inc. Reports First Quarter 2026 Results
• Neutral Sentiment: XP announced a planned CFO transition, naming Gustavo Alejo Viviani to take over on August 3, 2026, which appears orderly but is not a major near-term catalyst. XP Inc. Announces Change in the CFO Position
• Negative Sentiment: First-quarter results missed revenue expectations, and earnings also came in below consensus on some reports, reinforcing concerns about profitability and growth momentum. XP Shares Slide Following Earnings And Revenue Misses
• Negative Sentiment: XP’s quarterly revenue of about $899.9 million fell short of analyst estimates, even though revenue still increased year over year, which is pressuring shares today. XP earnings report

Analyst Ratings Changes

A number of research firms recently commented on XP. Weiss Ratings downgraded XP from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 12th. UBS Group boosted their target price on XP from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Thursday, April 2nd. Zacks Research downgraded XP from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 1st. Finally, Jefferies Financial Group initiated coverage on shares of XP in a research note on Monday, January 19th. They set a “buy” rating and a $22.00 price target on the stock. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $22.67.

XP Stock Down 5.3%

The firm has a market capitalization of $8.83 billion, a PE ratio of 9.54, a PEG ratio of 0.56 and a beta of 1.17. The business’s 50 day simple moving average is $19.17 and its 200 day simple moving average is $18.84. The company has a current ratio of 5.36, a quick ratio of 5.36 and a debt-to-equity ratio of 0.01.

XP Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Thursday, June 18th. Stockholders of record on Wednesday, June 10th will be paid a $0.20 dividend. This represents a dividend yield of 115.0%. The ex-dividend date of this dividend is Wednesday, June 10th. This is a positive change from XP’s previous annual dividend of $0.18. XP’s dividend payout ratio is 10.40%.

Institutional Investors Weigh In On XP

Institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC lifted its stake in shares of XP by 65.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,634 shares of the company’s stock valued at $33,000 after purchasing an additional 646 shares during the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of XP in the fourth quarter valued at $34,000. Caitong International Asset Management Co. Ltd raised its stake in shares of XP by 1,783.3% in the third quarter. Caitong International Asset Management Co. Ltd now owns 2,825 shares of the company’s stock valued at $53,000 after acquiring an additional 2,675 shares during the period. Aster Capital Management DIFC Ltd purchased a new stake in shares of XP in the fourth quarter valued at $55,000. Finally, Parallel Advisors LLC raised its stake in shares of XP by 117.3% in the first quarter. Parallel Advisors LLC now owns 3,288 shares of the company’s stock valued at $63,000 after acquiring an additional 1,775 shares during the period. 59.15% of the stock is owned by institutional investors.

About XP

XP Inc provides financial products and services in Brazil. It offers securities brokerage, private pension plans, commercial, and investment banking products, such as loan operations and transactions in the foreign exchange markets and deposits; product structuring and capital markets services for corporate clients and issuers of fixed income products; advisory services for mass-affluent and institutional clients; and wealth management services for high-net-worth customers and institutional clients.