UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $2.30 Million Stake in eXp World Holdings, Inc. (NASDAQ:EXPI)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its stake in eXp World Holdings, Inc. (NASDAQ:EXPI) by 7.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 163,024 shares of the technology company’s stock after selling 12,298 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in eXp World were worth $2,297,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Public Sector Pension Investment Board raised its stake in shares of eXp World by 5.3% in the 3rd quarter. Public Sector Pension Investment Board now owns 179,370 shares of the technology company’s stock valued at $2,527,000 after acquiring an additional 9,000 shares in the last quarter. FMR LLC raised its position in shares of eXp World by 4,338.7% in the third quarter. FMR LLC now owns 123,885 shares of the technology company’s stock valued at $1,746,000 after purchasing an additional 121,094 shares during the period. Algert Global LLC lifted its stake in shares of eXp World by 147.6% in the third quarter. Algert Global LLC now owns 296,085 shares of the technology company’s stock worth $4,172,000 after buying an additional 176,509 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of eXp World by 16.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,288,349 shares of the technology company’s stock worth $18,153,000 after buying an additional 183,823 shares during the period. Finally, Intech Investment Management LLC acquired a new position in eXp World in the 3rd quarter valued at $966,000. Institutional investors own 27.17% of the company’s stock.

eXp World Price Performance

Shares of EXPI opened at $12.86 on Friday. eXp World Holdings, Inc. has a one year low of $8.91 and a one year high of $17.11. The company’s fifty day moving average price is $13.40 and its 200 day moving average price is $12.73. The company has a market capitalization of $1.97 billion, a PE ratio of -58.45 and a beta of 2.26.

eXp World Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Monday, November 18th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.20 annualized dividend and a dividend yield of 1.56%. eXp World’s dividend payout ratio is presently -90.91%.

Insider Activity at eXp World

In related news, Director Randall D. Miles sold 30,000 shares of the company’s stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $15.11, for a total transaction of $453,300.00. Following the completion of the transaction, the director now directly owns 547,665 shares in the company, valued at $8,275,218.15. This represents a 5.19 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Jian Cheng sold 18,750 shares of the firm’s stock in a transaction on Friday, November 22nd. The stock was 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 a total of 675,357 shares of company stock worth $9,306,093 in the last 90 days. 35.70% of the stock is owned by company insiders.

eXp World 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.