Stifel Financial Corp Buys 9,992 Shares of eXp World Holdings, Inc. (NASDAQ:EXPI)

Stifel Financial Corp grew its stake in eXp World Holdings, Inc. (NASDAQ:EXPI) by 7.5% in the third quarter, HoldingsChannel reports. The fund owned 143,600 shares of the technology company’s stock after acquiring an additional 9,992 shares during the period. Stifel Financial Corp’s holdings in eXp World were worth $2,023,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of EXPI. CWA Asset Management Group LLC bought a new stake in shares of eXp World during the third quarter worth $519,000. Harbor Capital Advisors Inc. increased its position in eXp World by 91.9% in the third quarter. Harbor Capital Advisors Inc. now owns 116,517 shares of the technology company’s stock worth $1,642,000 after purchasing an additional 55,814 shares during the period. Dimensional Fund Advisors LP increased its position in eXp World by 29.7% in the second quarter. Dimensional Fund Advisors LP now owns 240,099 shares of the technology company’s stock worth $2,709,000 after purchasing an additional 55,031 shares during the period. Renaissance Technologies LLC lifted its position in eXp World by 6.0% during the 2nd quarter. Renaissance Technologies LLC now owns 1,803,116 shares of the technology company’s stock valued at $20,348,000 after purchasing an additional 101,600 shares during the period. Finally, Intech Investment Management LLC acquired a new position in eXp World during the 3rd quarter valued at about $966,000. 27.17% of the stock is currently owned by institutional investors and hedge funds.

eXp World Price Performance

EXPI opened at $11.60 on Friday. The firm has a 50 day simple moving average of $13.33 and a 200 day simple moving average of $12.76. eXp World Holdings, Inc. has a fifty-two week low of $8.91 and a fifty-two week high of $16.48. The company has a market cap of $1.78 billion, a price-to-earnings ratio of -52.73 and a beta of 2.26.

eXp World Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, November 18th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date of this dividend was Monday, November 18th. eXp World’s dividend payout ratio (DPR) is currently -90.91%.

Insider Transactions at eXp World

In other eXp World news, CEO Glenn Darrel Sanford sold 50,000 shares of the stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $12.60, for a total value of $630,000.00. Following the sale, the chief executive officer now directly owns 40,209,080 shares in the company, valued at approximately $506,634,408. This trade represents a 0.12 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider James Bramble sold 25,000 shares of the business’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $14.05, for a total transaction of $351,250.00. The disclosure for this sale can be found here. Insiders have sold 644,106 shares of company stock worth $8,739,528 in the last three months. Insiders own 35.70% 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.