State Street Corp Purchases 117,418 Shares of eXp World Holdings, Inc. (NASDAQ:EXPI)

State Street Corp grew its holdings in shares of eXp World Holdings, Inc. (NASDAQ:EXPI - Free Report) by 4.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,982,216 shares of the technology company's stock after acquiring an additional 117,418 shares during the period. State Street Corp owned about 1.94% of eXp World worth $42,019,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Point72 DIFC Ltd purchased a new stake in eXp World in the 2nd quarter worth $26,000. Meeder Asset Management Inc. bought a new position in shares of eXp World in the second quarter worth about $29,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of eXp World during the third quarter worth about $30,000. Point72 Hong Kong Ltd bought a new stake in eXp World during the 3rd quarter valued at approximately $34,000. Finally, nVerses Capital LLC lifted its holdings in eXp World by 102.2% in the 2nd quarter. nVerses Capital LLC now owns 9,100 shares of the technology company's stock worth $103,000 after purchasing an additional 4,600 shares in the last quarter. 27.17% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at eXp World

In other news, CEO Glenn Darrel Sanford sold 40,000 shares of eXp World stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $13.93, for a total value of $557,200.00. Following the completion of the transaction, the chief executive officer now owns 40,749,780 shares in the company, valued at approximately $567,644,435.40. The trade was a 0.10 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Jian Cheng sold 18,750 shares of the firm'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 disclosure for this sale can be found here. Insiders have sold 644,106 shares of company stock valued at $8,739,528 in the last ninety days. Corporate insiders own 35.70% of the company's stock.

eXp World Stock Up 10.4 %

EXPI stock traded up $1.21 during midday trading on Friday, hitting $12.81. The company's stock had a trading volume of 10,082,901 shares, compared to its average volume of 1,028,884. The firm has a market capitalization of $1.97 billion, a price-to-earnings ratio of -58.23 and a beta of 2.26. eXp World Holdings, Inc. has a 12 month low of $8.91 and a 12 month high of $16.48. The company has a 50 day moving average of $13.32 and a two-hundred day moving average of $12.79.

eXp World Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, November 18th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date was Monday, November 18th. eXp World's payout ratio is -90.91%.

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.