Kingsview Wealth Management LLC Makes New $1.66 Million Investment in eXp World Holdings, Inc. (NASDAQ:EXPI)

Kingsview Wealth Management LLC acquired a new stake in eXp World Holdings, Inc. (NASDAQ:EXPI) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 143,962 shares of the technology company’s stock, valued at approximately $1,657,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in EXPI. Allspring Global Investments Holdings LLC acquired a new stake in eXp World during the 3rd quarter valued at $30,000. Point72 Hong Kong Ltd acquired a new stake in shares of eXp World during the 3rd quarter worth about $34,000. IHT Wealth Management LLC bought a new stake in shares of eXp World during the 3rd quarter worth about $145,000. Everence Capital Management Inc. acquired a new position in eXp World in the 3rd quarter valued at about $153,000. Finally, Financial Advocates Investment Management raised its holdings in eXp World by 9.6% in the 3rd quarter. Financial Advocates Investment Management now owns 11,380 shares of the technology company’s stock valued at $160,000 after acquiring an additional 1,000 shares during the period. 27.17% of the stock is currently owned by institutional investors.

eXp World Stock Up 0.5 %

Shares of NASDAQ:EXPI opened at $10.88 on Tuesday. eXp World Holdings, Inc. has a 12-month low of $8.91 and a 12-month high of $15.39. The business has a 50 day moving average of $11.83 and a 200-day moving average of $12.73. The stock has a market cap of $1.67 billion, a PE ratio of -49.45 and a beta of 2.29.

Insider Buying and Selling

In other news, CEO Glenn Darrel Sanford sold 50,000 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $12.72, for a total transaction of $636,000.00. Following the transaction, the chief executive officer now directly owns 40,439,080 shares of the company’s stock, valued at approximately $514,385,097.60. This trade represents a 0.12 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Jian Cheng sold 18,750 shares of eXp World stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $13.81, for a total transaction of $258,937.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 480,261 shares of company stock valued at $6,056,748. 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.