Geode Capital Management LLC Boosts Holdings in eXp World Holdings, Inc. (NASDAQ:EXPI)

Geode Capital Management LLC lifted its stake in shares of eXp World Holdings, Inc. (NASDAQ:EXPI) by 5.6% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 2,211,172 shares of the technology company’s stock after buying an additional 118,210 shares during the period. Geode Capital Management LLC’s holdings in eXp World were worth $31,161,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of EXPI. Valued Retirements Inc. purchased a new position in shares of eXp World during the 3rd quarter worth approximately $955,000. Barclays PLC grew its stake in eXp World by 27.8% in the third quarter. Barclays PLC now owns 144,758 shares of the technology company’s stock worth $2,040,000 after purchasing an additional 31,509 shares during the period. State Street Corp raised its holdings in eXp World by 4.1% in the third quarter. State Street Corp now owns 2,982,216 shares of the technology company’s stock worth $42,019,000 after purchasing an additional 117,418 shares in the last quarter. Stifel Financial Corp lifted its position in eXp World by 7.5% during the third quarter. Stifel Financial Corp now owns 143,600 shares of the technology company’s stock valued at $2,023,000 after buying an additional 9,992 shares during the period. Finally, IHT Wealth Management LLC bought a new stake in shares of eXp World during the 3rd quarter valued at $145,000. 27.17% of the stock is owned by institutional investors.

eXp World Price Performance

NASDAQ:EXPI opened at $11.82 on Thursday. eXp World Holdings, Inc. has a 1-year low of $8.91 and a 1-year high of $16.48. The company has a market capitalization of $1.81 billion, a PE ratio of -53.73 and a beta of 2.27. The firm’s 50-day moving average price is $13.27 and its 200-day moving average price is $12.81.

eXp World Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, November 18th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date of this dividend was Monday, November 18th. eXp World’s dividend payout ratio is -90.91%.

Insider Activity

In other eXp World news, CEO Glenn Darrel Sanford sold 50,000 shares of eXp World stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $14.48, for a total transaction of $724,000.00. Following the completion of the transaction, the chief executive officer now owns 40,489,080 shares in the company, valued at approximately $586,281,878.40. The trade was a 0.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider James Bramble sold 25,000 shares of the business’s stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $14.05, for a total value of $351,250.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 594,106 shares of company stock worth $8,028,028. Insiders own 28.85% of the company’s stock.

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.