Kingsview Wealth Management LLC Takes Position in eXp World Holdings, Inc. (NASDAQ:EXPI)

Kingsview Wealth Management LLC acquired a new position in shares of eXp World Holdings, Inc. (NASDAQ:EXPI - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 143,962 shares of the technology company's stock, valued at approximately $1,657,000. Kingsview Wealth Management LLC owned about 0.09% of eXp World as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Pacer Advisors Inc. purchased a new stake in shares of eXp World in the fourth quarter worth approximately $60,767,000. Copeland Capital Management LLC boosted its holdings in shares of eXp World by 2.4% in the third quarter. Copeland Capital Management LLC now owns 4,011,378 shares of the technology company's stock worth $56,520,000 after acquiring an additional 94,493 shares during the period. 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 worth $42,019,000 after buying an additional 117,418 shares in the last quarter. Geode Capital Management LLC raised its position in shares of eXp World by 5.6% in the third quarter. Geode Capital Management LLC now owns 2,211,172 shares of the technology company's stock worth $31,161,000 after buying an additional 118,210 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of eXp World by 16.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,288,349 shares of the technology company's stock worth $18,153,000 after buying an additional 183,823 shares in the last quarter. Institutional investors own 27.17% of the company's stock.

eXp World Price Performance

EXPI stock traded up $0.17 during mid-day trading on Friday, hitting $10.93. 542,445 shares of the stock were exchanged, compared to its average volume of 843,281. The business has a fifty day moving average price of $11.58 and a 200 day moving average price of $12.65. eXp World Holdings, Inc. has a 12 month low of $8.91 and a 12 month high of $15.39. The stock has a market capitalization of $1.68 billion, a price-to-earnings ratio of -49.68 and a beta of 2.29.

Insiders Place Their Bets

In related news, CAO Jian Cheng sold 18,750 shares of the business's stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $13.81, for a total transaction of $258,937.50. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Glenn Darrel Sanford sold 50,000 shares of the company's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $14.41, for a total value of $720,500.00. Following the transaction, the chief executive officer now owns 40,389,080 shares in the company, valued at $582,006,642.80. This trade represents a 0.12 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 455,261 shares of company stock valued at $5,705,498 over the last 90 days. Insiders own 35.70% of the company's stock.

About eXp World

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.