Graney & King LLC Acquires Shares of 5,000 eXp World Holdings, Inc. (NASDAQ:EXPI)

Graney & King LLC bought a new position in eXp World Holdings, Inc. (NASDAQ:EXPI) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 5,000 shares of the technology company’s stock, valued at approximately $58,000.

Other large investors have also recently modified their holdings of the company. Thrivent Financial for Lutherans increased its position in eXp World by 3.3% during the third quarter. Thrivent Financial for Lutherans now owns 66,399 shares of the technology company’s stock valued at $936,000 after acquiring an additional 2,126 shares during the last quarter. Intech Investment Management LLC bought a new position in eXp World during the 3rd quarter valued at about $966,000. Charles Schwab Investment Management Inc. raised its position in eXp World by 16.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,288,349 shares of the technology company’s stock worth $18,153,000 after purchasing an additional 183,823 shares during the period. FMR LLC lifted its stake in eXp World by 4,338.7% in the third quarter. FMR LLC now owns 123,885 shares of the technology company’s stock worth $1,746,000 after purchasing an additional 121,094 shares during the last quarter. Finally, Public Sector Pension Investment Board boosted its position in shares of eXp World by 5.3% during the third quarter. Public Sector Pension Investment Board now owns 179,370 shares of the technology company’s stock valued at $2,527,000 after buying an additional 9,000 shares during the period. Institutional investors own 27.17% of the company’s stock.

eXp World Trading Down 1.4 %

NASDAQ EXPI opened at $10.20 on Wednesday. The stock has a market cap of $1.55 billion, a PE ratio of -72.85 and a beta of 2.33. eXp World Holdings, Inc. has a 12 month low of $9.20 and a 12 month high of $15.39. The company’s 50-day moving average price is $10.60 and its 200-day moving average price is $12.21.

eXp World (NASDAQ:EXPI) last issued its earnings results on Thursday, February 20th. The technology company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.03. eXp World had a negative net margin of 0.47% and a positive return on equity of 5.75%. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.03 billion. As a group, sell-side analysts forecast that eXp World Holdings, Inc. will post 0.48 earnings per share for the current year.

eXp World Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Tuesday, March 4th were issued a dividend of $0.05 per share. The ex-dividend date was Tuesday, March 4th. This represents a $0.20 annualized dividend and a yield of 1.96%. eXp World’s payout ratio is currently -142.86%.

Analyst Upgrades and Downgrades

Separately, DA Davidson reiterated a “neutral” rating and issued a $13.50 price target on shares of eXp World in a report on Friday, February 21st.

Insider Buying and Selling at eXp World

In other eXp World news, CEO Glenn Darrel Sanford sold 36,630 shares of the firm’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $11.97, for a total transaction of $438,461.10. Following the transaction, the chief executive officer now owns 40,172,450 shares of the company’s stock, valued at approximately $480,864,226.50. This trade represents a 0.09 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold a total of 336,630 shares of company stock valued at $3,647,211 in the last ninety days. Corporate insiders own 27.96% of the company’s stock.

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.