Quantbot Technologies LP Sells 4,865 Shares of eXp World Holdings, Inc. (NASDAQ:EXPI)

Quantbot Technologies LP decreased its position in shares of eXp World Holdings, Inc. (NASDAQ:EXPI) by 11.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 37,358 shares of the technology company’s stock after selling 4,865 shares during the quarter. Quantbot Technologies LP’s holdings in eXp World were worth $526,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Point72 DIFC Ltd bought a new position in eXp World during the second quarter worth about $26,000. Meeder Asset Management Inc. bought a new position in eXp World in the 2nd quarter worth approximately $29,000. Allspring Global Investments Holdings LLC purchased a new position in eXp World in the 3rd quarter valued at approximately $30,000. nVerses Capital LLC raised its holdings in eXp World by 102.2% during the 2nd quarter. nVerses Capital LLC now owns 9,100 shares of the technology company’s stock valued at $103,000 after acquiring an additional 4,600 shares during the period. Finally, Financial Advocates Investment Management purchased a new stake in shares of eXp World during the second quarter worth $117,000. Hedge funds and other institutional investors own 27.17% of the company’s stock.

eXp World Price Performance

eXp World stock opened at $13.90 on Wednesday. eXp World Holdings, Inc. has a one year low of $8.91 and a one year high of $17.11. The firm has a market capitalization of $2.13 billion, a P/E ratio of -63.18 and a beta of 2.26. The business has a fifty day moving average price of $13.54 and a 200-day moving average price of $12.67.

eXp World Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, November 18th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.44%. The ex-dividend date of this dividend was Monday, November 18th. eXp World’s payout ratio is presently -90.91%.

Insider Activity

In other news, CEO Glenn Darrel Sanford sold 59,935 shares of the business’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $12.41, for a total transaction of $743,793.35. Following the completion of the transaction, the chief executive officer now directly owns 40,882,685 shares in the company, valued at $507,354,120.85. The trade was a 0.15 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Jian Cheng sold 18,750 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $13.81, for a total value of $258,937.50. The disclosure for this sale can be found here. Insiders have sold a total of 685,292 shares of company stock worth $9,399,887 over the last ninety days. Company insiders own 28.85% of the company’s stock.

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.