Assenagon cuts its stake in XP stock by 7.9 percent

Published on 10/20/2026 at 14:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

XP reported USD 0.53 earnings per share in the second quarter. XP stock costs EUR 26.75 on October 20, 2026, with a USD 15.71 billion market value.

Investor events through November

Assenagon sold 75,284 XP shares and reduced its stake by 7.9 percent on October 19, 2026.
Second-quarter revenue reached USD 943.55 million, up 8.3 percent year over year.
XP stock was trading at EUR 26.75 at 2:05 p.m. CEST at Lang & Schwarz on October 20, 2026.
XP is scheduled to report third-quarter results on November 16, 2026.

XP, KYG982391099, Illustration mit AI erstellt.

XP Inc. (ISIN KYG982391099) was the subject of an Assenagon stake reduction reported by MarketBeat on October 19, 2026, involving 75,284 shares sold and 872,164 shares retained. The filing said the sale reduced Assenagon's XP position by 7.9 percent during the third quarter.

Three dates and three figures

A report from MarketBeat places the recent sequence in clear order. On August 17, 2026, XP reported quarterly earnings per share of USD 0.53 against a USD 0.50 consensus estimate, while revenue reached USD 943.55 million, up 8.3 percent year over year. On October 6, 2026, JPMorgan lifted its XP target from USD 26.00 to USD 38.00. On October 19, 2026, Assenagon's filing showed the 7.9 percent stake reduction.

What do the targets imply?

The analyst revisions show how quickly the valuation framework changed in October. Markets Insider reported JPMorgan's move from USD 26.00 to USD 38.00 on October 6, 2026, while Markets Insider reported UBS raising its target from USD 25.00 to USD 37.00 on October 8, 2026. Both targets are in US dollars and therefore provide a separate valuation reference from the euro quote used in Germany.

The next reporting date

Yahoo Finance lists November 16, 2026, as XP's next earnings announcement, covering the third quarter of 2026. The report will test whether the second-quarter revenue increase of 8.3 percent carried into the following period.

Price remains a separate signal

XP's Nasdaq listing gives the company a US market reference, while German investors are watching the euro quotation separately. The latest reported 12-month range was USD 14.80 to USD 32.73, and the market capitalization was USD 15.71 billion as of October 19, 2026.

XP was trading at EUR 26.75 at Lang & Schwarz on October 20, 2026 at 2:05 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of XP stock.