Insider Selling: eXp World Holdings, Inc. (NASDAQ:EXPI) Insider Sells $351,250.00 in Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) insider James Bramble sold 25,000 shares of the company’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $14.05, for a total transaction of $351,250.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

eXp World Price Performance

NASDAQ:EXPI opened at $13.31 on Friday. eXp World Holdings, Inc. has a 12-month low of $8.91 and a 12-month high of $17.11. The business has a 50 day simple moving average of $13.54 and a 200 day simple moving average of $12.49. The firm has a market capitalization of $2.04 billion, a P/E ratio of -60.50 and a beta of 2.31.

eXp World Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Monday, November 18th will be issued a dividend of $0.05 per share. The ex-dividend date is Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.50%. eXp World’s dividend payout ratio (DPR) is presently -90.91%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on EXPI shares. DA Davidson boosted their price target on eXp World from $11.75 to $13.50 and gave the company a “neutral” rating in a report on Thursday, August 1st. BTIG Research upgraded shares of eXp World from a “sell” rating to a “neutral” rating in a research report on Tuesday, July 23rd.

Institutional Trading of eXp World

Several large investors have recently added to or reduced their stakes in EXPI. Texas Permanent School Fund Corp boosted its stake in eXp World by 1.3% during the first quarter. Texas Permanent School Fund Corp now owns 67,302 shares of the technology company’s stock valued at $695,000 after buying an additional 881 shares in the last quarter. Louisiana State Employees Retirement System grew its stake in shares of eXp World by 2.4% in the 2nd quarter. Louisiana State Employees Retirement System now owns 39,000 shares of the technology company’s stock worth $440,000 after purchasing an additional 900 shares during the last quarter. Financial Advocates Investment Management raised its holdings in shares of eXp World by 9.6% in the 3rd quarter. Financial Advocates Investment Management now owns 11,380 shares of the technology company’s stock worth $160,000 after purchasing an additional 1,000 shares in the last quarter. Amalgamated Bank lifted its stake in eXp World by 6.1% during 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 during the last quarter. Finally, Olympiad Research LP boosted its holdings in 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 in the last quarter. 27.17% of the stock is currently owned by institutional investors and hedge funds.

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.