Numerai GP LLC Makes New $338,000 Investment in eXp World Holdings, Inc. (NASDAQ:EXPI)

Numerai GP LLC purchased a new stake in shares of eXp World Holdings, Inc. (NASDAQ:EXPI) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 29,332 shares of the technology company’s stock, valued at approximately $338,000.

Several other large investors have also made changes to their positions in EXPI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in eXp World by 5.0% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,635 shares of the technology company’s stock valued at $537,000 after acquiring an additional 2,202 shares in the last quarter. Lighthouse Investment Partners LLC acquired a new position in shares of eXp World during the 4th quarter worth $809,000. Deutsche Bank AG raised its holdings in shares of eXp World by 55.2% during the 4th quarter. Deutsche Bank AG now owns 75,630 shares of the technology company’s stock valued at $871,000 after purchasing an additional 26,894 shares in the last quarter. Corton Capital Inc. acquired a new stake in shares of eXp World in the 4th quarter valued at $139,000. Finally, Cetera Investment Advisers boosted its holdings in eXp World by 5.5% in the fourth quarter. Cetera Investment Advisers now owns 53,440 shares of the technology company’s stock worth $615,000 after purchasing an additional 2,784 shares in the last quarter. Institutional investors own 27.17% of the company’s stock.

Insider Buying and Selling

In other news, CEO Glenn Darrel Sanford sold 25,000 shares of the firm’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $10.21, for a total value of $255,250.00. Following the sale, the chief executive officer now owns 39,903,400 shares in the company, valued at approximately $407,413,714. This trade represents a 0.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders sold 300,000 shares of company stock valued at $2,864,350. Insiders own 27.96% of the company’s stock.

eXp World Stock Up 0.6%

Shares of eXp World stock opened at $7.89 on Friday. eXp World Holdings, Inc. has a 12-month low of $6.90 and a 12-month high of $15.39. The stock has a 50 day moving average price of $9.16 and a two-hundred day moving average price of $11.02. The stock has a market capitalization of $1.23 billion, a P/E ratio of -56.35 and a beta of 2.66.

eXp World (NASDAQ:EXPI) last posted its quarterly earnings data on Tuesday, May 6th. The technology company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.12). The firm had revenue of $954.91 million for the quarter, compared to the consensus estimate of $994.83 million. eXp World had a positive return on equity of 5.75% and a negative net margin of 0.47%. eXp World’s quarterly revenue was up 1.3% on a year-over-year basis. During the same period in the prior year, the company posted ($0.02) earnings per share. Sell-side analysts anticipate that eXp World Holdings, Inc. will post 0.48 earnings per share for the current year.

eXp World Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Monday, May 19th will be paid a $0.05 dividend. The ex-dividend date is Monday, May 19th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.53%. eXp World’s payout ratio is presently -181.82%.

Wall Street Analysts Forecast Growth

Separately, DA Davidson restated a “neutral” rating and set a $13.50 target price on shares of eXp World in a report on Friday, February 21st.

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.