eXp World Holdings, Inc. (NASDAQ:EXPI) Shares Purchased by Public Sector Pension Investment Board

Public Sector Pension Investment Board boosted its holdings in eXp World Holdings, Inc. (NASDAQ:EXPI) by 5.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 179,370 shares of the technology company’s stock after buying an additional 9,000 shares during the period. Public Sector Pension Investment Board owned 0.12% of eXp World worth $2,527,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Point72 DIFC Ltd acquired a new stake in eXp World in the 2nd quarter worth about $26,000. Meeder Asset Management Inc. acquired a new stake in eXp World in the 2nd quarter worth about $29,000. Allspring Global Investments Holdings LLC acquired a new stake in eXp World in the 3rd quarter worth about $30,000. nVerses Capital LLC raised its holdings in shares of eXp World by 102.2% in the 2nd quarter. nVerses Capital LLC now owns 9,100 shares of the technology company’s stock worth $103,000 after purchasing an additional 4,600 shares during the period. Finally, Financial Advocates Investment Management purchased a new position in shares of eXp World in the 2nd quarter worth about $117,000. 27.17% of the stock is owned by institutional investors and hedge funds.

eXp World Price Performance

eXp World stock opened at $13.63 on Thursday. The stock’s 50-day moving average is $13.53 and its 200-day moving average is $12.67. The company has a market cap of $2.09 billion, a price-to-earnings ratio of -61.95 and a beta of 2.26. eXp World Holdings, Inc. has a 12 month low of $8.91 and a 12 month high of $17.11.

eXp World Dividend Announcement

The company also recently disclosed 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 1.47%. eXp World’s dividend payout ratio (DPR) is -90.91%.

Insider Transactions at eXp World

In other news, insider James Bramble sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $14.05, for a total value of $351,250.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Glenn Darrel Sanford sold 49,881 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $13.87, for a total value of $691,849.47. Following the completion of the transaction, the chief executive officer now owns 40,339,199 shares in the company, valued at approximately $559,504,690.13. This trade represents a 0.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 685,292 shares of company stock worth $9,399,887 in the last three months. 35.70% of the stock is currently owned by company insiders.

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.