Insider Selling: eXp World Holdings, Inc. (NASDAQ:EXPI) Insider Sells 25,000 Shares of Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) insider James Bramble sold 25,000 shares of the company’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $14.05, for a total value of $351,250.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

eXp World Stock Performance

Shares of NASDAQ EXPI traded down $0.62 during trading hours on Wednesday, reaching $13.92. 859,774 shares of the stock were exchanged, compared to its average volume of 1,009,734. The stock’s fifty day simple moving average is $13.46 and its 200 day simple moving average is $12.48. eXp World Holdings, Inc. has a 52 week low of $8.91 and a 52 week high of $17.11. The firm has a market capitalization of $2.14 billion, a price-to-earnings ratio of -63.27 and a beta of 2.31.

eXp World Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Monday, November 18th will be paid a $0.05 dividend. The ex-dividend date is Monday, November 18th. This represents a $0.20 annualized dividend and a yield of 1.44%. eXp World’s payout ratio is -90.91%.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On eXp World

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of eXp World by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 12,109,705 shares of the technology company’s stock worth $125,093,000 after purchasing an additional 107,303 shares in the last quarter. Copeland Capital Management LLC increased its stake in shares of eXp World by 2.4% in the 3rd quarter. Copeland Capital Management LLC now owns 4,011,378 shares of the technology company’s stock worth $56,520,000 after purchasing an additional 94,493 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in eXp World by 6.0% in the 2nd quarter. Renaissance Technologies LLC now owns 1,803,116 shares of the technology company’s stock worth $20,348,000 after buying an additional 101,600 shares during the period. Millennium Management LLC boosted its holdings in eXp World by 91.7% in the 2nd quarter. Millennium Management LLC now owns 1,377,365 shares of the technology company’s stock worth $15,544,000 after buying an additional 659,012 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of eXp World by 16.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,288,349 shares of the technology company’s stock valued at $18,153,000 after purchasing an additional 183,823 shares during the last quarter. Hedge funds and other institutional investors own 27.17% of the company’s stock.

eXp World Company 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.