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

eXp World Holdings, Inc. (NASDAQ:EXPI) insider James Bramble sold 25,000 shares of eXp World stock in a transaction that occurred 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 is available through this link.

eXp World Price Performance

Shares of NASDAQ EXPI traded down $0.62 during midday trading on Wednesday, reaching $13.92. 859,774 shares of the company traded hands, compared to its average volume of 1,009,734. The stock has a 50-day moving average price of $13.46 and a 200 day moving average price of $12.48. eXp World Holdings, Inc. has a 52 week low of $8.91 and a 52 week high of $17.11. The company has a market cap of $2.14 billion, a price-to-earnings ratio of -63.27 and a beta of 2.31.

eXp World Dividend Announcement

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

Analysts Set New Price Targets

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

Hedge Funds Weigh In On eXp World

Hedge funds have recently added to or reduced their stakes in the stock. Point72 DIFC Ltd bought a new position in shares of eXp World in the 2nd quarter valued at $26,000. Meeder Asset Management Inc. acquired a new position in eXp World during the 2nd quarter worth approximately $29,000. Allspring Global Investments Holdings LLC bought a new stake in eXp World during the 3rd quarter worth approximately $30,000. nVerses Capital LLC increased 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 worth $103,000 after purchasing an additional 4,600 shares in the last quarter. Finally, Financial Advocates Investment Management bought a new stake in eXp World during the 2nd quarter worth approximately $117,000. Institutional investors and hedge funds own 27.17% of the company’s stock.

About eXp World

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.