eXp World Holdings, Inc. (NASDAQ:EXPI) CAO Jian Cheng Sells 18,750 Shares

eXp World Holdings, Inc. (NASDAQ:EXPI) 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 document filed with the SEC, which is accessible through this hyperlink.

eXp World Stock Up 1.5 %

Shares of NASDAQ:EXPI opened at $14.08 on Thursday. The company’s 50 day moving average price is $13.56 and its two-hundred day moving average price is $12.63. eXp World Holdings, Inc. has a 12-month low of $8.91 and a 12-month high of $17.11. The firm has a market cap of $2.16 billion, a PE ratio of -64.00 and a beta of 2.31.

eXp World Announces Dividend

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

Wall Street Analyst Weigh In

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

Institutional Trading of eXp World

Large investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of eXp World by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 12,109,705 shares of the technology company’s stock worth $125,093,000 after acquiring an additional 107,303 shares in the last quarter. CWA Asset Management Group LLC acquired a new stake in shares of eXp World during the 3rd quarter worth approximately $519,000. Harbor Capital Advisors Inc. boosted its position in shares of eXp World by 91.9% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 116,517 shares of the technology company’s stock worth $1,642,000 after acquiring an additional 55,814 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of eXp World by 29.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 240,099 shares of the technology company’s stock worth $2,709,000 after acquiring an additional 55,031 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in shares of eXp World by 6.0% during the 2nd quarter. Renaissance Technologies LLC now owns 1,803,116 shares of the technology company’s stock worth $20,348,000 after acquiring an additional 101,600 shares in the last quarter. Institutional investors and hedge funds own 27.17% of the company’s stock.

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.