Strategic Financial Concepts LLC Makes New $1.09 Million Investment in eXp World Holdings, Inc. (NASDAQ:EXPI)

Strategic Financial Concepts LLC bought a new stake in shares of eXp World Holdings, Inc. (NASDAQ:EXPI) in the 4th quarter, Holdings Channel reports. The fund bought 94,847 shares of the technology company’s stock, valued at approximately $1,092,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Allspring Global Investments Holdings LLC purchased a new position in eXp World in the third quarter valued at about $30,000. Point72 Hong Kong Ltd acquired a new position in shares of eXp World in the 3rd quarter valued at approximately $34,000. IHT Wealth Management LLC acquired a new position in shares of eXp World in the 3rd quarter valued at approximately $145,000. Everence Capital Management Inc. purchased a new position in shares of eXp World during the 3rd quarter valued at approximately $153,000. Finally, Financial Advocates Investment Management grew its position in shares of eXp World by 9.6% during the third quarter. Financial Advocates Investment Management now owns 11,380 shares of the technology company’s stock worth $160,000 after buying an additional 1,000 shares in the last quarter. 27.17% of the stock is owned by hedge funds and other institutional investors.

eXp World Price Performance

EXPI opened at $11.24 on Wednesday. eXp World Holdings, Inc. has a 12-month low of $8.91 and a 12-month high of $15.39. The stock has a market capitalization of $1.73 billion, a PE ratio of -51.09 and a beta of 2.29. The firm’s fifty day moving average price is $11.50 and its 200 day moving average price is $12.59.

Insider Transactions at eXp World

In other news, CEO Glenn Darrel Sanford sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $10.96, for a total value of $274,000.00. Following the completion of the sale, the chief executive officer now directly owns 39,968,400 shares in the company, valued at approximately $438,053,664. The trade was a 0.06 % decrease in their position. The sale was disclosed in a legal filing 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 dated 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 90 days, insiders sold 405,261 shares of company stock valued at $5,069,498. Insiders own 35.70% of the company’s stock.

eXp World Company 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.