Dynamic Technology Lab Private Ltd Cuts Position in eXp World Holdings, Inc. (NASDAQ:EXPI)

Dynamic Technology Lab Private Ltd lowered its position in shares of eXp World Holdings, Inc. (NASDAQ:EXPI) by 39.8% in the third quarter, according to its most recent 13F filing with the SEC. The firm 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 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Point72 DIFC Ltd purchased a new stake in eXp World during the second quarter worth approximately $26,000. Meeder Asset Management Inc. purchased a new position in shares of eXp World in the 2nd quarter valued at $29,000. Allspring Global Investments Holdings LLC acquired a new position in shares of eXp World during the 3rd quarter valued at $30,000. nVerses Capital LLC boosted its position in eXp World by 102.2% during the 2nd quarter. nVerses Capital LLC now owns 9,100 shares of the technology company’s stock worth $103,000 after purchasing an additional 4,600 shares during the period. Finally, Financial Advocates Investment Management acquired a new stake in eXp World in the 2nd quarter valued at $117,000. Institutional investors and hedge funds own 27.17% of the company’s stock.

eXp World Price Performance

Shares of EXPI opened at $13.85 on Monday. eXp World Holdings, Inc. has a 12 month low of $8.91 and a 12 month high of $17.11. The stock’s 50-day moving average is $13.55 and its two-hundred day moving average is $12.65. The stock has a market cap of $2.13 billion, a PE ratio of -62.95 and a beta of 2.31.

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 given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.44%. The ex-dividend date of this dividend is Monday, November 18th. eXp World’s dividend payout ratio (DPR) is presently -90.91%.

Insider Buying and Selling at eXp World

In other eXp World news, CEO Glenn Darrel Sanford sold 26,630 shares of the company’s stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 40,943,667 shares of the company’s stock, valued at $483,954,143.94. This represents a 0.06 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Jian Cheng sold 18,750 shares of the firm’s 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 disclosure for this sale can be found here. Insiders sold 662,041 shares of company stock valued at $9,022,804 over the last 90 days. 35.70% of the stock is owned by corporate insiders.

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.