Vanguard Group Inc. grew its stake in shares of eXp World Holdings, Inc. (NASDAQ:EXPI - Free Report) by 1.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,235,835 shares of the technology company's stock after buying an additional 208,920 shares during the period. Vanguard Group Inc. owned 7.97% of eXp World worth $140,834,000 at the end of the most recent reporting period.
Other institutional investors also recently made changes to their positions in the company. Pacer Advisors Inc. acquired a new position in eXp World in the 4th quarter valued at about $60,767,000. State Street Corp raised its position in shares of eXp World by 4.1% in the third quarter. State Street Corp now owns 2,982,216 shares of the technology company's stock valued at $42,019,000 after buying an additional 117,418 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of eXp World by 5.6% during the third quarter. Geode Capital Management LLC now owns 2,211,172 shares of the technology company's stock valued at $31,161,000 after buying an additional 118,210 shares during the period. Charles Schwab Investment Management Inc. boosted its position in eXp World by 9.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,411,663 shares of the technology company's stock worth $16,248,000 after acquiring an additional 123,314 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in eXp World by 17.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 520,419 shares of the technology company's stock worth $7,333,000 after acquiring an additional 75,431 shares during the period. 27.17% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, DA Davidson reissued a "neutral" rating and set a $13.50 price target on shares of eXp World in a research note on Friday, February 21st.
Read Our Latest Research Report on eXp World
Insiders Place Their Bets
In related news, CEO Glenn Darrel Sanford sold 25,000 shares of the company's stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $11.44, for a total transaction of $286,000.00. Following the completion of the sale, the chief executive officer now directly owns 40,097,450 shares of the company's stock, valued at approximately $458,714,828. This represents a 0.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 315,000 shares of company stock worth $3,301,150 over the last three months. 27.96% of the stock is owned by insiders.
eXp World Trading Down 0.3 %
EXPI traded down $0.03 during midday trading on Friday, hitting $9.14. The company's stock had a trading volume of 924,287 shares, compared to its average volume of 1,039,090. eXp World Holdings, Inc. has a 52-week low of $8.64 and a 52-week high of $15.39. The firm has a 50-day moving average price of $10.08 and a two-hundred day moving average price of $11.79. The firm has a market cap of $1.39 billion, a P/E ratio of -65.28 and a beta of 2.44.
eXp World (NASDAQ:EXPI - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The technology company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.03. The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.03 billion. eXp World had a negative net margin of 0.47% and a positive return on equity of 5.75%. On average, equities analysts expect that eXp World Holdings, Inc. will post 0.48 EPS for the current year.
eXp World Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Tuesday, March 4th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date was Tuesday, March 4th. eXp World's dividend payout ratio (DPR) is presently -142.86%.
About eXp World
(
Free Report)
eXp World Holdings, Inc, together with its subsidiaries, provides cloud-based real estate brokerage services for residential homeowners and homebuyers. The company operates through North American Realty, International Realty, Virbela, and Other Affiliated Services segments. It provides Virbela, a cloud-based technologies that provides data, lead generation, and marketing tools for real estate agents and employees.
See Also
Before you consider eXp World, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and eXp World wasn't on the list.
While eXp World currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
