58,719 Shares in Exp World Holdings, Inc. (NASDAQ:EXPI) Bought by XTX Topco Ltd

XTX Topco Ltd bought a new stake in Exp World Holdings, Inc. (NASDAQ:EXPI - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 58,719 shares of the technology company's stock, valued at approximately $574,000.

A number of other large investors have also modified their holdings of the company. American Century Companies Inc. increased its stake in shares of Exp World by 11.2% in the fourth quarter. American Century Companies Inc. now owns 55,488 shares of the technology company's stock valued at $639,000 after buying an additional 5,588 shares in the last quarter. KLP Kapitalforvaltning AS bought a new position in Exp World in the fourth quarter valued at about $161,000. LPL Financial LLC boosted its holdings in Exp World by 6.4% in the fourth quarter. LPL Financial LLC now owns 52,075 shares of the technology company's stock valued at $599,000 after acquiring an additional 3,149 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Exp World by 39.7% in the fourth quarter. JPMorgan Chase & Co. now owns 727,096 shares of the technology company's stock valued at $8,369,000 after acquiring an additional 206,677 shares during the last quarter. Finally, Pictet Asset Management Holding SA bought a new position in Exp World in the fourth quarter valued at about $167,000. 27.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, DA Davidson set a $12.00 price target on Exp World and gave the company a "buy" rating in a report on Friday, July 11th.

Insider Activity at Exp World

In other news, Director Randall D. Miles sold 10,000 shares of Exp World stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $9.15, for a total transaction of $91,500.00. Following the completion of the transaction, the director directly owned 537,190 shares in the company, valued at approximately $4,915,288.50. The trade was a 1.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Glenn Darrel Sanford sold 25,000 shares of the business's stock in a transaction on Monday, May 19th. The shares were sold at an average price of $7.99, for a total value of $199,750.00. Following the completion of the sale, the chief executive officer owned 39,628,400 shares of the company's stock, valued at $316,630,916. This trade represents a 0.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 60,000 shares of company stock valued at $486,500 over the last quarter. 27.96% of the stock is currently owned by corporate insiders.

Exp World Trading Down 2.7%

Shares of NASDAQ EXPI traded down $0.28 during mid-day trading on Friday, reaching $9.96. 838,349 shares of the company's stock were exchanged, compared to its average volume of 1,151,570. The business has a fifty day simple moving average of $9.72 and a 200 day simple moving average of $9.62. Exp World Holdings, Inc. has a twelve month low of $6.90 and a twelve month high of $15.39. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of -49.80 and a beta of 2.52.

Exp World (NASDAQ:EXPI - Get Free Report) last announced its earnings results on Thursday, July 31st. The technology company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by ($0.13). Exp World had a negative net margin of 0.68% and a negative return on equity of 4.79%. The firm had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same period in the prior year, the business posted $0.08 EPS. The firm's quarterly revenue was up 1.0% compared to the same quarter last year. Equities research analysts predict that Exp World Holdings, Inc. will post 0.48 earnings per share for the current fiscal year.

Exp World Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Friday, August 15th. Exp World's payout ratio is currently -100.00%.

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.