Northern Trust Corp Has $13.29 Million Stock Holdings in eXp World Holdings, Inc. (NASDAQ:EXPI)

Northern Trust Corp boosted its holdings in eXp World Holdings, Inc. (NASDAQ:EXPI - Free Report) by 8.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,154,661 shares of the technology company's stock after purchasing an additional 87,966 shares during the period. Northern Trust Corp owned about 0.75% of eXp World worth $13,290,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Barclays PLC grew its stake in eXp World by 27.8% during the third quarter. Barclays PLC now owns 144,758 shares of the technology company's stock worth $2,040,000 after buying an additional 31,509 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake in eXp World by 6.9% during the fourth quarter. Nisa Investment Advisors LLC now owns 75,965 shares of the technology company's stock worth $874,000 after acquiring an additional 4,913 shares in the last quarter. Blue Trust Inc. increased its stake in eXp World by 26.6% in the 4th quarter. Blue Trust Inc. now owns 32,573 shares of the technology company's stock valued at $375,000 after buying an additional 6,840 shares during the last quarter. Pacer Advisors Inc. purchased a new position in shares of eXp World during the 4th quarter valued at $60,767,000. Finally, Baring Financial LLC purchased a new stake in shares of eXp World in the 4th quarter valued at about $5,222,000. 27.17% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, DA Davidson reaffirmed a "neutral" rating and issued a $13.50 price objective on shares of eXp World in a report on Friday, February 21st.

eXp World Stock Performance

Shares of eXp World stock traded down $0.20 during trading hours on Wednesday, reaching $7.83. 65,050 shares of the company were exchanged, compared to its average volume of 1,060,868. The firm has a market cap of $1.22 billion, a PE ratio of -56.26 and a beta of 2.66. The stock's fifty day moving average is $9.06 and its 200 day moving average is $10.90. eXp World Holdings, Inc. has a 1 year low of $6.90 and a 1 year high of $15.39.

eXp World (NASDAQ:EXPI - Get Free Report) last posted its earnings results on Tuesday, May 6th. The technology company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.12). eXp World had a negative net margin of 0.47% and a positive return on equity of 5.75%. The business had revenue of $954.91 million for the quarter, compared to analyst estimates of $994.83 million. During the same quarter in the previous year, the firm posted ($0.02) EPS. The business's revenue was up 1.3% compared to the same quarter last year. Research analysts expect that eXp World Holdings, Inc. will post 0.48 earnings per share for the current year.

eXp World Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Monday, May 19th will be given a $0.05 dividend. The ex-dividend date of this dividend is Monday, May 19th. This represents a $0.20 dividend on an annualized basis and a yield of 2.56%. eXp World's payout ratio is -181.82%.

Insider Buying and Selling at eXp World

In other eXp World news, CEO Glenn Darrel Sanford sold 25,000 shares of the firm's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $10.04, for a total value of $251,000.00. Following the completion of the sale, the chief executive officer now directly owns 39,878,400 shares of the company's stock, valued at $400,379,136. This trade represents a 0.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders have sold 300,000 shares of company stock valued at $2,788,600 in the last 90 days. 27.96% of the stock is currently owned by company 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.