Amalgamated Bank Purchases 1,412 Shares of eXp World Holdings, Inc. (NASDAQ:EXPI)

Amalgamated Bank boosted its position in eXp World Holdings, Inc. (NASDAQ:EXPI) by 6.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,396 shares of the technology company’s stock after purchasing an additional 1,412 shares during the period. Amalgamated Bank’s holdings in eXp World were worth $344,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the business. QRG Capital Management Inc. grew its holdings in shares of eXp World by 31.7% in the third quarter. QRG Capital Management Inc. now owns 15,727 shares of the technology company’s stock worth $222,000 after purchasing an additional 3,782 shares during the last quarter. Harbor Capital Advisors Inc. boosted its position in eXp World by 91.9% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 116,517 shares of the technology company’s stock valued at $1,642,000 after buying an additional 55,814 shares during the period. Financial Advocates Investment Management grew its stake in eXp World by 9.6% in the third 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. State of Alaska Department of Revenue grew its position in shares of eXp World by 6.1% during the 3rd quarter. State of Alaska Department of Revenue now owns 48,250 shares of the technology company’s stock worth $679,000 after buying an additional 2,793 shares in the last quarter. Finally, Louisiana State Employees Retirement System grew its holdings in eXp World by 4.9% during the 3rd quarter. Louisiana State Employees Retirement System now owns 40,900 shares of the technology company’s stock worth $576,000 after acquiring an additional 1,900 shares in the last quarter. Hedge funds and other institutional investors own 27.17% of the company’s stock.

Analyst Ratings Changes

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

Insiders Place Their Bets

In other news, CEO Glenn Darrel Sanford sold 26,630 shares of eXp World stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $11.82, for a total value of $314,766.60. Following the completion of the sale, the chief executive officer now owns 40,943,667 shares of the company’s stock, valued at $483,954,143.94. The trade was a 0.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider James Bramble sold 25,000 shares of the stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $14.05, for a total transaction of $351,250.00. The disclosure for this sale can be found here. Insiders have sold a total of 635,891 shares of company stock valued at $8,577,645 over the last quarter. Company insiders own 35.70% of the company’s stock.

eXp World Stock Performance

Shares of EXPI opened at $13.31 on Monday. eXp World Holdings, Inc. has a 1 year low of $8.91 and a 1 year high of $17.11. The stock has a market capitalization of $2.04 billion, a PE ratio of -60.50 and a beta of 2.31. The company’s 50-day simple moving average is $13.58 and its 200-day simple moving average is $12.53.

eXp World Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Monday, November 18th will be paid a dividend of $0.05 per share. The ex-dividend date is Monday, November 18th. This represents a $0.20 annualized dividend and a yield of 1.50%. eXp World’s dividend payout ratio is currently -90.91%.

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.