Sonora Investment Management Group LLC Has $763,000 Position in eXp World Holdings, Inc. (NASDAQ:EXPI)

Sonora Investment Management Group LLC lowered its position in shares of eXp World Holdings, Inc. (NASDAQ:EXPI) by 5.6% in the fourth quarter, HoldingsChannel reports. The fund owned 66,319 shares of the technology company’s stock after selling 3,950 shares during the period. Sonora Investment Management Group LLC’s holdings in eXp World were worth $763,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Pacer Advisors Inc. acquired a new position in eXp World during the fourth quarter worth $60,767,000. Millennium Management LLC grew its holdings in shares of eXp World by 91.7% in the 2nd quarter. Millennium Management LLC now owns 1,377,365 shares of the technology company’s stock valued at $15,544,000 after acquiring an additional 659,012 shares in the last quarter. Baring Financial LLC bought a new stake in eXp World during the fourth quarter worth about $5,222,000. Charles Schwab Investment Management Inc. boosted its position in eXp World by 16.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,288,349 shares of the technology company’s stock valued at $18,153,000 after purchasing an additional 183,823 shares during the last quarter. Finally, Algert Global LLC grew its stake in eXp World by 147.6% in 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 in the last quarter. 27.17% of the stock is owned by institutional investors.

eXp World Trading Up 1.2 %

Shares of eXp World stock opened at $11.50 on Friday. eXp World Holdings, Inc. has a 12-month low of $8.91 and a 12-month high of $15.39. The business’s 50 day moving average is $12.22 and its 200-day moving average is $12.87.

eXp World Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, November 18th were given a $0.05 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.74%. eXp World’s payout ratio is -90.91%.

Insider Transactions at eXp World

In other eXp World news, CAO Jian Cheng sold 18,750 shares of eXp World stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $13.81, for a total value of $258,937.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Glenn Darrel Sanford sold 25,000 shares of the company’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $10.74, for a total transaction of $268,500.00. Following the sale, the chief executive officer now directly owns 40,122,450 shares of the company’s stock, valued at $430,915,113. This represents a 0.06 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 530,736 shares of company stock worth $6,945,940. 35.70% of the stock is owned by company insiders.

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.