eXp World Holdings, Inc. (NASDAQ:EXPI) Shares Sold by Aigen Investment Management LP

Aigen Investment Management LP lessened its holdings in eXp World Holdings, Inc. (NASDAQ:EXPI) by 47.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,338 shares of the technology company’s stock after selling 15,753 shares during the quarter. Aigen Investment Management LP’s holdings in eXp World were worth $200,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Pacer Advisors Inc. acquired a new stake in shares of eXp World in the fourth quarter worth $60,767,000. Baring Financial LLC purchased a new position in shares of eXp World during the 4th quarter valued at about $5,222,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of eXp World by 16.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,288,349 shares of the technology company’s stock valued at $18,153,000 after buying an additional 183,823 shares during the period. Algert Global LLC lifted its holdings in shares of eXp World by 147.6% in the 3rd quarter. Algert Global LLC now owns 296,085 shares of the technology company’s stock valued at $4,172,000 after buying an additional 176,509 shares during the period. Finally, Kingsview Wealth Management LLC purchased a new stake in shares of eXp World in the fourth quarter worth about $1,657,000. 27.17% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at eXp World

In other news, CEO Glenn Darrel Sanford sold 50,000 shares of eXp World stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $12.60, for a total value of $630,000.00. Following the sale, the chief executive officer now directly owns 40,209,080 shares of the company’s stock, valued at $506,634,408. The trade was a 0.12 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold a total of 361,630 shares of company stock valued at $4,179,961 over the last ninety days. Corporate insiders own 35.70% of the company’s stock.

eXp World Stock Performance

Shares of eXp World stock opened at $9.92 on Monday. The firm has a 50-day simple moving average of $10.95 and a two-hundred day simple moving average of $12.41. eXp World Holdings, Inc. has a fifty-two week low of $8.91 and a fifty-two week high of $15.39. The company has a market cap of $1.53 billion, a P/E ratio of -70.85 and a beta of 2.33.

eXp World (NASDAQ:EXPI) last posted its quarterly earnings data on Thursday, February 20th. The technology company reported ($0.03) EPS for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.03. eXp World had a positive return on equity of 5.75% and a negative net margin of 0.47%. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.03 billion. Equities research analysts forecast that eXp World Holdings, Inc. will post 0.48 EPS for the current year.

eXp World Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Tuesday, March 4th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date is Tuesday, March 4th. eXp World’s dividend payout ratio is presently -142.86%.

Wall Street Analysts Forecast Growth

Separately, DA Davidson reaffirmed a “neutral” rating and set a $13.50 target price on shares of eXp World in a report on Friday, February 21st.

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.