eXp World Holdings, Inc. (NASDAQ:EXPI) Position Increased by Renaissance Technologies LLC

Renaissance Technologies LLC grew its position in shares of eXp World Holdings, Inc. (NASDAQ:EXPI - Free Report) by 2.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,024,116 shares of the technology company's stock after purchasing an additional 40,400 shares during the period. Renaissance Technologies LLC owned approximately 1.32% of eXp World worth $23,298,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. SBI Securities Co. Ltd. acquired a new stake in eXp World during the 4th quarter valued at approximately $32,000. Graney & King LLC acquired a new stake in shares of eXp World during the fourth quarter worth approximately $58,000. Sims Investment Management LLC bought a new stake in shares of eXp World in the fourth quarter worth $121,000. CIBC Asset Management Inc acquired a new stake in eXp World in the fourth quarter valued at $122,000. Finally, Plato Investment Management Ltd boosted its stake in eXp World by 16,347.0% during the 4th quarter. Plato Investment Management Ltd now owns 10,855 shares of the technology company's stock valued at $125,000 after acquiring an additional 10,789 shares during the last quarter. 27.17% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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.

Insider Activity at eXp World

In other news, CEO Glenn Darrel Sanford sold 25,000 shares of eXp World stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $11.59, for a total transaction of $289,750.00. Following the transaction, the chief executive officer now directly owns 40,072,450 shares in the company, valued at approximately $464,439,695.50. This trade represents a 0.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 310,000 shares of company stock worth $3,220,450 over the last quarter. 27.96% of the stock is currently owned by company insiders.

eXp World Stock Performance

Shares of EXPI traded down $0.14 during mid-day trading on Friday, reaching $8.84. 1,054,627 shares of the company's stock traded hands, compared to its average volume of 1,039,503. eXp World Holdings, Inc. has a 12 month low of $8.64 and a 12 month high of $15.39. The stock has a market capitalization of $1.34 billion, a P/E ratio of -63.14 and a beta of 2.44. The business's 50-day moving average price is $9.93 and its 200-day moving average price is $11.66.

eXp World (NASDAQ:EXPI - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The technology company reported ($0.03) EPS for the quarter, beating analysts' consensus estimates of ($0.06) by $0.03. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.03 billion. eXp World had a positive return on equity of 5.75% and a negative net margin of 0.47%. Equities research analysts anticipate 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 was paid on Wednesday, March 19th. Stockholders of record on Tuesday, March 4th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 2.26%. The ex-dividend date of this dividend was Tuesday, March 4th. eXp World's dividend payout ratio (DPR) is presently -142.86%.

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.