eXp World Holdings, Inc. (NASDAQ:EXPI) CAO Sells $258,937.50 in Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) CAO Jian Cheng sold 18,750 shares of eXp World stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $13.81, for a total value of $258,937.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

eXp World Stock Performance

eXp World stock opened at $14.08 on Thursday. The company has a 50 day moving average price of $13.56 and a 200-day moving average price of $12.63. The company has a market capitalization of $2.16 billion, a PE ratio of -64.00 and a beta of 2.31. eXp World Holdings, Inc. has a fifty-two week low of $8.91 and a fifty-two week high of $17.11.

eXp World Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Monday, November 18th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a yield of 1.42%. eXp World’s dividend payout ratio is currently -90.91%.

Institutional Trading of eXp World

Hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in eXp World by 0.9% during the first quarter. Vanguard Group Inc. now owns 12,109,705 shares of the technology company’s stock worth $125,093,000 after buying an additional 107,303 shares during the period. CWA Asset Management Group LLC purchased a new stake in eXp World during the third quarter worth $519,000. Harbor Capital Advisors Inc. lifted its holdings in eXp World by 91.9% during the third quarter. Harbor Capital Advisors Inc. now owns 116,517 shares of the technology company’s stock worth $1,642,000 after buying an additional 55,814 shares during the period. Dimensional Fund Advisors LP lifted its holdings in eXp World by 29.7% during the second quarter. Dimensional Fund Advisors LP now owns 240,099 shares of the technology company’s stock worth $2,709,000 after buying an additional 55,031 shares during the period. Finally, Renaissance Technologies LLC lifted its holdings in eXp World by 6.0% during the second 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. Hedge funds and other institutional investors own 27.17% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, DA Davidson lifted their target price on eXp World from $11.75 to $13.50 and gave the stock a “neutral” rating in a report on Thursday, August 1st.

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.