Baring Financial LLC Purchases New Shares in eXp World Holdings, Inc. (NASDAQ:EXPI)

Baring Financial LLC acquired a new position in shares of eXp World Holdings, Inc. (NASDAQ:EXPI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 453,667 shares of the technology company’s stock, valued at approximately $5,222,000. eXp World accounts for approximately 4.7% of Baring Financial LLC’s holdings, making the stock its 3rd largest holding. Baring Financial LLC owned about 0.30% of eXp World at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Point72 DIFC Ltd purchased a new position in shares of eXp World during the second quarter valued at $26,000. Allspring Global Investments Holdings LLC acquired a new position in shares of eXp World in the 3rd quarter valued at about $30,000. Point72 Hong Kong Ltd purchased a new stake in shares of eXp World in the third quarter worth approximately $34,000. IHT Wealth Management LLC acquired a new stake in shares of eXp World during the third quarter worth approximately $145,000. Finally, Everence Capital Management Inc. purchased a new position in eXp World during the third quarter valued at approximately $153,000. 27.17% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at eXp World

In related news, CEO Glenn Darrel Sanford sold 50,000 shares of eXp World stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $14.11, for a total value of $705,500.00. Following the completion of the sale, the chief executive officer now owns 40,539,780 shares of the company’s stock, valued at approximately $572,016,295.80. The trade was a 0.12 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Jian Cheng sold 18,750 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $13.81, for a total value of $258,937.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 530,736 shares of company stock valued at $6,945,940. Insiders own 35.70% of the company’s stock.

eXp World Trading Down 3.4 %

EXPI stock opened at $11.36 on Thursday. The company has a 50 day moving average of $12.25 and a two-hundred day moving average of $12.88. eXp World Holdings, Inc. has a 12-month low of $8.91 and a 12-month high of $15.39.

eXp World Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Monday, November 18th were issued 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 1.76%. eXp World’s dividend payout ratio is -90.91%.

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.