Hussman Strategic Advisors Inc. Purchases New Holdings in eXp World Holdings, Inc. (NASDAQ:EXPI)

Hussman Strategic Advisors Inc. purchased a new stake in shares of eXp World Holdings, Inc. (NASDAQ:EXPI) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 42,000 shares of the technology company’s stock, valued at approximately $483,000.

Other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in eXp World by 17.0% during the third quarter. JPMorgan Chase & Co. now owns 520,419 shares of the technology company’s stock valued at $7,333,000 after purchasing an additional 75,431 shares during the last quarter. CWA Asset Management Group LLC acquired a new position in eXp World during the third quarter valued at approximately $519,000. Harbor Capital Advisors Inc. boosted its position in eXp World by 91.9% during the third quarter. Harbor Capital Advisors Inc. now owns 116,517 shares of the technology company’s stock valued at $1,642,000 after purchasing an additional 55,814 shares during the last quarter. State Street Corp boosted its position in eXp World by 4.1% during the third quarter. State Street Corp now owns 2,982,216 shares of the technology company’s stock valued at $42,019,000 after purchasing an additional 117,418 shares during the last quarter. Finally, Algert Global LLC boosted its position in eXp World by 147.6% during the third quarter. Algert Global LLC now owns 296,085 shares of the technology company’s stock valued at $4,172,000 after purchasing an additional 176,509 shares during the last quarter. 27.17% of the stock is owned by institutional investors and hedge funds.

eXp World Stock Up 0.3 %

NASDAQ:EXPI opened at $11.34 on Friday. The stock’s 50 day moving average price is $11.43 and its two-hundred day moving average price is $12.57. The firm has a market capitalization of $1.74 billion, a price-to-earnings ratio of -51.55 and a beta of 2.29. eXp World Holdings, Inc. has a 12-month low of $8.91 and a 12-month high of $15.39.

eXp World (NASDAQ:EXPI) last released its quarterly earnings data on Thursday, February 20th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.03. eXp World had a positive return on equity of 2.27% and a negative net margin of 0.74%. Equities research analysts expect that eXp World Holdings, Inc. will post 0.08 EPS for the current year.

Insider Buying and Selling at eXp World

In other eXp World news, CEO Glenn Darrel Sanford sold 50,000 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $14.41, for a total value of $720,500.00. Following the sale, the chief executive officer now owns 40,389,080 shares in the company, valued at $582,006,642.80. This represents a 0.12 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold 411,511 shares of company stock worth $5,086,061 over the last 90 days. Company 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.