Tudor Investment Corp ET AL Has $3.66 Million Stock Position in eXp World Holdings, Inc. (NASDAQ:EXPI)

Tudor Investment Corp ET AL cut its stake in eXp World Holdings, Inc. (NASDAQ:EXPI - Free Report) by 38.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 317,513 shares of the technology company's stock after selling 194,407 shares during the period. Tudor Investment Corp ET AL owned 0.21% of eXp World worth $3,655,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. acquired a new position in eXp World during the 4th quarter worth $32,000. Graney & King LLC acquired a new stake in eXp World in the fourth quarter worth about $58,000. Sims Investment Management LLC bought a new position in eXp World in the 4th quarter valued at about $121,000. CIBC Asset Management Inc acquired a new position in eXp World during the 4th quarter valued at about $122,000. Finally, Plato Investment Management Ltd raised its position in shares of 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 worth $125,000 after buying an additional 10,789 shares in the last quarter. 27.17% of the stock is currently owned by institutional investors.

Insider Activity at eXp World

In other eXp World news, CEO Glenn Darrel Sanford sold 20,000 shares of the company's stock in a transaction on Monday, April 28th. The stock was sold at an average price of $8.80, for a total value of $176,000.00. Following the transaction, the chief executive officer now owns 39,703,400 shares of the company's stock, valued at approximately $349,389,920. This represents a 0.05 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 275,000 shares of company stock valued at $2,719,600 over the last ninety days. Insiders own 27.96% of the company's stock.

Analyst Upgrades and Downgrades

Separately, DA Davidson reiterated 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 Down 0.5 %

NASDAQ EXPI traded down $0.04 on Tuesday, reaching $8.68. 1,053,924 shares of the stock traded hands, compared to its average volume of 1,040,829. eXp World Holdings, Inc. has a 12 month low of $8.45 and a 12 month high of $15.39. The firm's fifty day simple moving average is $9.49 and its 200 day simple moving average is $11.27. The company has a market cap of $1.32 billion, a price-to-earnings ratio of -61.97 and a beta of 2.66.

eXp World (NASDAQ:EXPI - Get Free Report) last announced 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%. As a group, equities research analysts forecast that eXp World Holdings, Inc. will post 0.48 EPS for the current fiscal year.

eXp World Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Tuesday, March 4th were issued a $0.05 dividend. The ex-dividend date was Tuesday, March 4th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.31%. eXp World's payout ratio is currently -142.86%.

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.