eXp World Holdings, Inc. (NASDAQ:EXPI) Shares Acquired by Blue Trust Inc.

Blue Trust Inc. lifted its stake in shares of eXp World Holdings, Inc. (NASDAQ:EXPI) by 26.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 32,573 shares of the technology company’s stock after purchasing an additional 6,840 shares during the quarter. Blue Trust Inc.’s holdings in eXp World were worth $375,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC acquired a new position in eXp World during the third quarter valued at $30,000. Point72 Hong Kong Ltd acquired a new position in eXp World during the third quarter valued at $34,000. IHT Wealth Management LLC acquired a new position in eXp World during the third quarter valued at $145,000. Everence Capital Management Inc. acquired a new position in eXp World during the third quarter valued at $153,000. Finally, Financial Advocates Investment Management lifted its position in eXp World by 9.6% during the third quarter. Financial Advocates Investment Management now owns 11,380 shares of the technology company’s stock valued at $160,000 after purchasing an additional 1,000 shares during the period. 27.17% of the stock is currently owned by institutional investors and hedge funds.

eXp World Price Performance

NASDAQ EXPI opened at $11.38 on Friday. The company has a market capitalization of $1.75 billion, a PE ratio of -51.73 and a beta of 2.30. The company has a fifty day moving average of $12.13 and a 200 day moving average of $12.84. eXp World Holdings, Inc. has a 1 year low of $8.91 and a 1 year high of $15.39.

eXp World Dividend Announcement

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

Insiders Place Their Bets

In other eXp World news, CAO Jian Cheng sold 18,750 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $13.81, for a total value of $258,937.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Glenn Darrel Sanford sold 50,000 shares of the company’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $14.11, for a total transaction of $705,500.00. Following the completion of the transaction, the chief executive officer now owns 40,539,780 shares of the company’s stock, valued at approximately $572,016,295.80. This trade represents a 0.12 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 530,736 shares of company stock worth $6,945,940. Company insiders own 35.70% of the company’s stock.

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.