SG Americas Securities LLC Sells 10,397 Shares of eXp World Holdings, Inc. (NASDAQ:EXPI)

SG Americas Securities LLC trimmed its position in eXp World Holdings, Inc. (NASDAQ:EXPI) by 16.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 51,060 shares of the technology company’s stock after selling 10,397 shares during the quarter. SG Americas Securities LLC’s holdings in eXp World were worth $588,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC purchased a new stake in shares of eXp World during the 3rd quarter worth approximately $30,000. Point72 DIFC Ltd bought a new stake in eXp World in the second quarter worth $26,000. Point72 Hong Kong Ltd purchased a new stake in eXp World during the third quarter valued at $34,000. IHT Wealth Management LLC bought a new position in eXp World during the third quarter valued at $145,000. Finally, Everence Capital Management Inc. purchased a new position in shares of eXp World in the 3rd quarter worth $153,000. 27.17% of the stock is currently owned by hedge funds and other institutional investors.

eXp World Trading Down 1.0 %

EXPI opened at $11.38 on Friday. The stock has a 50-day moving average of $12.18 and a 200 day moving average of $12.86. eXp World Holdings, Inc. has a 12 month low of $8.91 and a 12 month high of $15.39. The firm has a market cap of $1.75 billion, a P/E ratio of -51.73 and a beta of 2.30.

eXp World Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, November 18th were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.76%. The ex-dividend date was Monday, November 18th. eXp World’s payout ratio is -90.91%.

Insider Buying and Selling at eXp World

In other news, 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 value of $351,250.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Glenn Darrel Sanford sold 50,000 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $14.48, for a total value of $724,000.00. Following the transaction, the chief executive officer now owns 40,489,080 shares of the company’s stock, valued at approximately $586,281,878.40. The trade was a 0.12 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 530,736 shares of company stock worth $6,945,940 over the last quarter. Insiders own 35.70% of the company’s stock.

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.