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

Strategic Financial Concepts LLC bought a new stake in eXp World Holdings, Inc. (NASDAQ:EXPI) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 94,847 shares of the technology company’s stock, valued at approximately $1,092,000. Strategic Financial Concepts LLC owned 0.06% of eXp World as of its most recent filing with the Securities & Exchange Commission.

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

Insider Buying and Selling at eXp World

In other eXp World news, CAO Jian Cheng sold 18,750 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $13.81, for a total transaction of $258,937.50. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Glenn Darrel Sanford sold 49,881 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $13.87, for a total value of $691,849.47. Following the completion of the sale, the chief executive officer now directly owns 40,339,199 shares of the company’s stock, valued at $559,504,690.13. The trade was a 0.12 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 405,261 shares of company stock valued at $5,069,498 over the last ninety days. Corporate insiders own 35.70% of the company’s stock.

eXp World Stock Performance

Shares of NASDAQ:EXPI opened at $11.24 on Wednesday. The stock has a 50-day simple moving average of $11.50 and a 200-day simple moving average of $12.59. The stock has a market capitalization of $1.73 billion, a P/E ratio of -51.09 and a beta of 2.29. eXp World Holdings, Inc. has a 1 year low of $8.91 and a 1 year high of $15.39.

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.