eXp World Holdings, Inc. (NASDAQ:EXPI) Shares Sold by Sonora Investment Management Group LLC

Sonora Investment Management Group LLC decreased its holdings in eXp World Holdings, Inc. (NASDAQ:EXPI) by 5.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 66,319 shares of the technology company’s stock after selling 3,950 shares during the quarter. Sonora Investment Management Group LLC’s holdings in eXp World were worth $763,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Baring Financial LLC purchased a new position in eXp World in the 4th quarter worth approximately $5,222,000. Pacer Advisors Inc. acquired a new position in shares of eXp World during the fourth quarter valued at $60,767,000. Blue Trust Inc. raised its stake in shares of eXp World by 26.6% during the fourth quarter. Blue Trust Inc. now owns 32,573 shares of the technology company’s stock valued at $375,000 after purchasing an additional 6,840 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in eXp World by 6.9% in the fourth quarter. Nisa Investment Advisors LLC now owns 75,965 shares of the technology company’s stock worth $874,000 after purchasing an additional 4,913 shares during the period. Finally, Nordea Investment Management AB boosted its holdings in shares of eXp World by 4.8% in the fourth quarter. Nordea Investment Management AB now owns 369,266 shares of the technology company’s stock valued at $4,328,000 after acquiring an additional 16,807 shares in the last quarter. 27.17% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other eXp World news, insider James Bramble sold 25,000 shares of the business’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $14.05, for a total value of $351,250.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Glenn Darrel Sanford sold 50,000 shares of the business’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $14.11, for a total transaction of $705,500.00. Following the completion of the transaction, the chief executive officer now directly owns 40,539,780 shares of the company’s stock, valued at approximately $572,016,295.80. This represents a 0.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 530,736 shares of company stock worth $6,945,940. 35.70% of the stock is owned by corporate insiders.

eXp World Stock Up 1.2 %

NASDAQ EXPI opened at $11.50 on Friday. eXp World Holdings, Inc. has a 1 year low of $8.91 and a 1 year high of $15.39. The business’s fifty day moving average is $12.22 and its two-hundred day moving average is $12.87.

eXp World Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, November 18th were issued a $0.05 dividend. The ex-dividend date was Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.74%. eXp World’s payout ratio is currently -90.91%.

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.