Geode Capital Management LLC increased its position in shares of eXp World Holdings, Inc. (NASDAQ:EXPI - Free Report) by 5.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,211,172 shares of the technology company's stock after purchasing an additional 118,210 shares during the period. Geode Capital Management LLC owned 1.44% of eXp World worth $31,161,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in EXPI. CWA Asset Management Group LLC bought a new stake in shares of eXp World in the 3rd quarter worth $519,000. Harbor Capital Advisors Inc. raised its position in eXp World by 91.9% in the third quarter. Harbor Capital Advisors Inc. now owns 116,517 shares of the technology company's stock worth $1,642,000 after acquiring an additional 55,814 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in eXp World by 29.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 240,099 shares of the technology company's stock valued at $2,709,000 after acquiring an additional 55,031 shares during the last quarter. Renaissance Technologies LLC boosted its position in shares of eXp World by 6.0% during the 2nd quarter. Renaissance Technologies LLC now owns 1,803,116 shares of the technology company's stock valued at $20,348,000 after purchasing an additional 101,600 shares in the last quarter. Finally, Intech Investment Management LLC acquired a new position in shares of eXp World in the 3rd quarter worth approximately $966,000. 27.17% of the stock is currently owned by institutional investors and hedge funds.
eXp World Trading Up 1.2 %
Shares of NASDAQ EXPI traded up $0.14 during midday trading on Thursday, reaching $11.96. The company's stock had a trading volume of 769,221 shares, compared to its average volume of 1,027,998. eXp World Holdings, Inc. has a one year low of $8.91 and a one year high of $16.48. The company has a market cap of $1.84 billion, a price-to-earnings ratio of -54.36 and a beta of 2.27. The company has a 50 day moving average price of $13.24 and a 200 day moving average price of $12.81.
eXp World Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, November 18th were given a $0.05 dividend. The ex-dividend date was Monday, November 18th. This represents a $0.20 annualized dividend and a dividend yield of 1.67%. eXp World's dividend payout ratio is -90.91%.
Insider Transactions at eXp World
In related news, CEO Glenn Darrel Sanford sold 40,000 shares of the stock in a transaction dated Tuesday, October 8th. The shares were sold at an average price of $13.41, for a total transaction of $536,400.00. Following the completion of the sale, the chief executive officer now owns 40,709,780 shares in the company, valued at $545,918,149.80. This trade represents a 0.10 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Jian Cheng sold 18,750 shares of eXp World stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $13.81, for a total transaction of $258,937.50. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 594,106 shares of company stock worth $8,028,028. Insiders own 28.85% of the company's stock.
eXp World Profile
(
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.
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