eXp World Holdings, Inc. (NASDAQ:EXPI) Shares Sold by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd lessened its position in shares of eXp World Holdings, Inc. (NASDAQ:EXPI) by 39.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,836 shares of the technology company’s stock after selling 12,434 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in eXp World were worth $265,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Point72 DIFC Ltd acquired a new position in eXp World during the second quarter worth about $26,000. Meeder Asset Management Inc. purchased a new stake in eXp World in the 2nd quarter valued at approximately $29,000. Allspring Global Investments Holdings LLC acquired a new stake in eXp World during the 3rd quarter valued at $30,000. nVerses Capital LLC increased its position in eXp World by 102.2% during the second quarter. nVerses Capital LLC now owns 9,100 shares of the technology company’s stock worth $103,000 after buying an additional 4,600 shares in the last quarter. Finally, Financial Advocates Investment Management acquired a new position in shares of eXp World in the second quarter worth $117,000. 27.17% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider James Bramble sold 25,000 shares of the stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $14.05, for a total transaction of $351,250.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Glenn Darrel Sanford sold 59,935 shares of eXp World stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $12.41, for a total value of $743,793.35. Following the completion of the sale, the chief executive officer now owns 40,882,685 shares of the company’s stock, valued at $507,354,120.85. This trade represents a 0.15 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 662,041 shares of company stock valued at $9,022,804 over the last 90 days. Insiders own 35.70% of the company’s stock.

eXp World Stock Down 1.6 %

EXPI opened at $13.85 on Monday. The firm has a market cap of $2.13 billion, a P/E ratio of -62.95 and a beta of 2.31. The business’s fifty day simple moving average is $13.55 and its 200 day simple moving average is $12.65. eXp World Holdings, Inc. has a 52 week low of $8.91 and a 52 week high of $17.11.

eXp World Dividend Announcement

The company 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 of this dividend is Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.44%. eXp World’s dividend payout ratio (DPR) is presently -90.91%.

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.