State of Alaska Department of Revenue Grows Stock Holdings in eXp World Holdings, Inc. (NASDAQ:EXPI)

State of Alaska Department of Revenue raised its position in shares of eXp World Holdings, Inc. (NASDAQ:EXPI) by 6.1% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,250 shares of the technology company’s stock after acquiring an additional 2,793 shares during the period. State of Alaska Department of Revenue’s holdings in eXp World were worth $679,000 as of its most recent filing with the Securities & Exchange Commission.

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

Analysts Set New Price Targets

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

eXp World Price Performance

NASDAQ EXPI opened at $14.38 on Thursday. The company has a market cap of $2.21 billion, a P/E ratio of -95.87 and a beta of 2.31. The stock has a 50-day moving average of $13.25 and a two-hundred day moving average of $12.34. eXp World Holdings, Inc. has a 1-year low of $8.91 and a 1-year high of $17.11.

Insider Transactions at eXp World

In other news, CEO Glenn Darrel Sanford sold 47,984 shares of the business’s stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $12.32, for a total transaction of $591,162.88. Following the completion of the transaction, the chief executive officer now directly owns 41,022,313 shares of the company’s stock, valued at approximately $505,394,896.16. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, Director Randall D. Miles sold 30,000 shares of the company’s stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $15.11, for a total transaction of $453,300.00. Following the transaction, the director now owns 547,665 shares of the company’s stock, valued at $8,275,218.15. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Glenn Darrel Sanford sold 47,984 shares of the company’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $12.32, for a total value of $591,162.88. Following the completion of the sale, the chief executive officer now directly owns 41,022,313 shares in the company, valued at $505,394,896.16. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 606,463 shares of company stock valued at $8,050,070. 28.85% of the stock is currently owned by corporate insiders.

eXp World Company 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.