eXp World Holdings, Inc. (NASDAQ:EXPI) Shares Bought by Copeland Capital Management LLC

Copeland Capital Management LLC boosted its stake in eXp World Holdings, Inc. (NASDAQ:EXPI - Free Report) by 2.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,011,378 shares of the technology company's stock after purchasing an additional 94,493 shares during the quarter. Copeland Capital Management LLC owned about 2.59% of eXp World worth $56,520,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. PNC Financial Services Group Inc. lifted its position in shares of eXp World by 29.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,481 shares of the technology company's stock worth $116,000 after buying an additional 1,681 shares in the last quarter. Global Assets Advisory LLC bought a new stake in eXp World in the first quarter worth $1,000,000. Foguth Wealth Management LLC. purchased a new stake in eXp World during the first quarter valued at $231,000. Allspring Global Investments Holdings LLC lifted its position in eXp World by 552.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 12,042 shares of the technology company's stock valued at $124,000 after purchasing an additional 10,195 shares during the last quarter. Finally, Precision Wealth Strategies LLC purchased a new position in shares of eXp World in the 1st quarter worth $113,000. Institutional investors own 27.17% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. BTIG Research upgraded shares of eXp World from a "sell" rating to a "neutral" rating in a research report on Tuesday, July 23rd. DA Davidson raised their price objective on eXp World from $11.75 to $13.50 and gave the company a "neutral" rating in a research note on Thursday, August 1st.

Insider Activity

In other eXp World news, CEO Glenn Darrel Sanford sold 26,630 shares of the firm's stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $11.82, for a total value of $314,766.60. Following the completion of the sale, the chief executive officer now owns 40,943,667 shares of the company's stock, valued at approximately $483,954,143.94. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO Glenn Darrel Sanford sold 26,630 shares of the business's stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $11.82, for a total transaction of $314,766.60. Following the sale, the chief executive officer now directly owns 40,943,667 shares of the company's stock, valued at $483,954,143.94. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Randall D. Miles sold 30,000 shares of the firm's stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $15.11, for a total value of $453,300.00. Following the completion of the transaction, the director now owns 547,665 shares of the company's stock, valued at $8,275,218.15. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 566,463 shares of company stock worth $7,512,270. Insiders own 35.70% of the company's stock.

eXp World Trading Up 1.1 %

Shares of NASDAQ EXPI traded up $0.14 during midday trading on Tuesday, hitting $12.85. The company's stock had a trading volume of 696,267 shares, compared to its average volume of 1,021,124. The business's 50 day moving average is $13.08 and its two-hundred day moving average is $12.08. eXp World Holdings, Inc. has a 12-month low of $8.91 and a 12-month high of $17.11. The firm has a market cap of $1.99 billion, a P/E ratio of -74.76 and a beta of 2.30.

eXp World (NASDAQ:EXPI - Get Free Report) last issued its quarterly earnings data on Wednesday, July 31st. The technology company reported $0.08 EPS for the quarter, missing analysts' consensus estimates of $0.10 by ($0.02). eXp World had a negative return on equity of 0.56% and a negative net margin of 0.52%. The business had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same period last year, the firm earned $0.06 EPS. The business's quarterly revenue was up 5.2% on a year-over-year basis. On average, analysts predict that eXp World Holdings, Inc. will post 0.09 earnings per share for the current fiscal year.

eXp World Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Wednesday, August 14th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date of this dividend was Wednesday, August 14th. eXp World's payout ratio is presently -117.65%.

eXp World Profile

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.