eXp World Holdings, Inc. (NASDAQ:EXPI) Insider James Bramble Sells 25,000 Shares of Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) insider James Bramble sold 25,000 shares of the firm’s stock in a transaction on 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 legal filing with the Securities & Exchange Commission, which can be accessed through this link.

eXp World Price Performance

NASDAQ EXPI opened at $13.92 on Thursday. The stock has a market capitalization of $2.14 billion, a P/E ratio of -63.27 and a beta of 2.31. The firm’s 50-day moving average is $13.46 and its two-hundred day moving average is $12.48. eXp World Holdings, Inc. has a 12 month low of $8.91 and a 12 month high of $17.11.

eXp World Dividend Announcement

The business also recently disclosed 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. 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 payout ratio is currently -90.91%.

Analyst Upgrades and Downgrades

EXPI has been the topic of several analyst reports. BTIG Research upgraded shares of eXp World from a “sell” rating to a “neutral” rating in a research report on Tuesday, July 23rd. DA Davidson lifted their target price on shares of eXp World from $11.75 to $13.50 and gave the stock a “neutral” rating in a research note on Thursday, August 1st.

Institutional Trading of eXp World

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Point72 DIFC Ltd purchased a new stake in shares of eXp World in the 2nd quarter valued at $26,000. Meeder Asset Management Inc. acquired a new stake in shares of eXp World in the second quarter valued at $29,000. Allspring Global Investments Holdings LLC acquired a new stake in eXp World in the third quarter valued at $30,000. nVerses Capital LLC raised its stake in eXp World by 102.2% in the second quarter. nVerses Capital LLC now owns 9,100 shares of the technology company’s stock valued at $103,000 after buying an additional 4,600 shares in the last quarter. Finally, Financial Advocates Investment Management acquired a new stake in eXp World in the second quarter valued at $117,000. Hedge funds and other institutional investors own 27.17% 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.