Kingsview Wealth Management LLC Makes New $1.66 Million Investment in eXp World Holdings, Inc. (NASDAQ:EXPI)

Kingsview Wealth Management LLC purchased a new stake in eXp World Holdings, Inc. (NASDAQ:EXPI) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 143,962 shares of the technology company’s stock, valued at approximately $1,657,000. Kingsview Wealth Management LLC owned 0.09% of eXp World as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Financial Advocates Investment Management lifted its position in eXp World by 9.6% in the 3rd quarter. Financial Advocates Investment Management now owns 11,380 shares of the technology company’s stock valued at $160,000 after acquiring an additional 1,000 shares in the last quarter. Amalgamated Bank lifted its holdings in shares of eXp World by 6.1% in the third quarter. Amalgamated Bank now owns 24,396 shares of the technology company’s stock valued at $344,000 after purchasing an additional 1,412 shares in the last quarter. Olympiad Research LP boosted its position in shares of eXp World by 4.7% during the third quarter. Olympiad Research LP now owns 38,846 shares of the technology company’s stock worth $547,000 after buying an additional 1,734 shares during the period. Louisiana State Employees Retirement System grew its holdings in shares of eXp World by 4.9% during the third quarter. Louisiana State Employees Retirement System now owns 40,900 shares of the technology company’s stock worth $576,000 after buying an additional 1,900 shares in the last quarter. Finally, Thrivent Financial for Lutherans raised its position in eXp World by 3.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 66,399 shares of the technology company’s stock valued at $936,000 after buying an additional 2,126 shares during the last quarter. Institutional investors own 27.17% of the company’s stock.

eXp World Stock Performance

NASDAQ EXPI opened at $10.88 on Tuesday. The stock has a market capitalization of $1.67 billion, a price-to-earnings ratio of -49.45 and a beta of 2.29. eXp World Holdings, Inc. has a 52 week low of $8.91 and a 52 week high of $15.39. The stock’s 50 day moving average price is $11.83 and its two-hundred day moving average price is $12.73.

Insider Transactions at eXp World

In related news, CAO Jian Cheng sold 18,750 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $13.81, for a total transaction of $258,937.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Glenn Darrel Sanford sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $10.96, for a total value of $274,000.00. Following the transaction, the chief executive officer now directly owns 39,968,400 shares in the company, valued at $438,053,664. This trade represents a 0.06 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 480,261 shares of company stock valued at $6,056,748 over the last 90 days. 35.70% of the stock is owned by corporate insiders.

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.