eXp World Holdings, Inc. (NASDAQ:EXPI) Stock Holdings Boosted by Nordea Investment Management AB

Nordea Investment Management AB lifted its position in eXp World Holdings, Inc. (NASDAQ:EXPI) by 4.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 369,266 shares of the technology company’s stock after buying an additional 16,807 shares during the period. Nordea Investment Management AB owned approximately 0.24% of eXp World worth $4,328,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of EXPI. Point72 DIFC Ltd acquired a new position in eXp World during the second quarter worth about $26,000. Meeder Asset Management Inc. acquired a new position in shares of eXp World in the 2nd quarter worth approximately $29,000. Allspring Global Investments Holdings LLC bought a new stake in shares of eXp World in the 3rd quarter worth approximately $30,000. Point72 Hong Kong Ltd acquired a new stake in eXp World during the third quarter valued at approximately $34,000. Finally, Headlands Technologies LLC bought a new stake in eXp World during the second quarter worth approximately $145,000. Institutional investors and hedge funds own 27.17% of the company’s stock.

eXp World Stock Performance

NASDAQ EXPI opened at $10.90 on Friday. eXp World Holdings, Inc. has a 1 year low of $8.91 and a 1 year high of $15.39. The business’s fifty day moving average is $12.88 and its two-hundred day moving average is $12.85. The stock has a market capitalization of $1.67 billion, a P/E ratio of -49.55 and a beta of 2.30.

eXp World Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, November 18th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.83%. The ex-dividend date of this dividend was Monday, November 18th. eXp World’s dividend payout ratio is -90.91%.

Insider Activity at eXp World

In related news, CEO Glenn Darrel Sanford sold 25,000 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $11.52, for a total value of $288,000.00. Following the completion of the transaction, the chief executive officer now owns 40,147,450 shares of the company’s stock, valued at approximately $462,498,624. This trade represents a 0.06 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Jian Cheng sold 18,750 shares of the business’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $13.81, for a total transaction of $258,937.50. The disclosure for this sale can be found here. Insiders sold 575,736 shares of company stock worth $7,660,890 in the last quarter. 35.70% of the stock is 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.