eXp World Holdings, Inc. (NASDAQ:EXPI) Holdings Lowered by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

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% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. 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 owned approximately 0.11% of eXp World worth $2,297,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. SG Americas Securities LLC raised its holdings in shares of eXp World by 71.0% during the second quarter. SG Americas Securities LLC now owns 35,466 shares of the technology company’s stock valued at $400,000 after acquiring an additional 14,730 shares during the period. Blue Trust Inc. lifted its holdings in shares of eXp World by 585.1% in the second quarter. Blue Trust Inc. now owns 12,360 shares of the technology company’s stock valued at $128,000 after purchasing an additional 10,556 shares in the last quarter. Louisiana State Employees Retirement System boosted its position in shares of eXp World by 2.4% in the second quarter. Louisiana State Employees Retirement System now owns 39,000 shares of the technology company’s stock worth $440,000 after buying an additional 900 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of eXp World by 5.4% during the second quarter. Bank of New York Mellon Corp now owns 710,428 shares of the technology company’s stock valued at $8,017,000 after buying an additional 36,569 shares in the last quarter. Finally, Financial Advocates Investment Management acquired a new position in eXp World during the second quarter valued at $117,000. Institutional investors and hedge funds own 27.17% of the company’s stock.

Insider Activity at eXp World

In related news, Director Randall D. Miles sold 30,000 shares of eXp World stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $15.11, for a total transaction of $453,300.00. Following the completion of the sale, the director now owns 547,665 shares of the company’s stock, valued at approximately $8,275,218.15. This trade represents a 5.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Jian Cheng sold 18,750 shares of the company’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 three months, insiders have sold 675,357 shares of company stock valued at $9,306,093. Corporate insiders own 35.70% of the company’s stock.

eXp World Trading Down 0.2 %

Shares of NASDAQ 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 business has a 50-day moving average price of $13.40 and a two-hundred day moving average price of $12.73. The firm 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 business also recently declared 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. This represents a $0.20 annualized dividend and a dividend yield of 1.56%. The ex-dividend date of this dividend was Monday, November 18th. eXp World’s dividend payout ratio is currently -90.91%.

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.