Skandinaviska Enskilda Banken AB publ Has $81,000 Holdings in eXp World Holdings, Inc. (NASDAQ:EXPI)

Posted by Defense World Staff on Feb 25th, 2023

Skandinaviska Enskilda Banken AB publ boosted its position in shares of eXp World Holdings, Inc. (NASDAQ:EXPI – Get Rating) by 393.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,215 shares of the technology company’s stock after buying an additional 5,753 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in eXp World were worth $81,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in shares of eXp World by 105.1% during the 1st quarter. JPMorgan Chase & Co. now owns 201,911 shares of the technology company’s stock worth $4,274,000 after acquiring an additional 103,453 shares in the last quarter. Raymond James & Associates boosted its holdings in shares of eXp World by 90.3% in the 1st quarter. Raymond James & Associates now owns 22,740 shares of the technology company’s stock valued at $481,000 after purchasing an additional 10,793 shares in the last quarter. MetLife Investment Management LLC increased its stake in shares of eXp World by 52.7% in the 1st quarter. MetLife Investment Management LLC now owns 33,976 shares of the technology company’s stock valued at $719,000 after purchasing an additional 11,724 shares during the last quarter. Rhumbline Advisers raised its holdings in shares of eXp World by 3.7% during the 1st quarter. Rhumbline Advisers now owns 66,727 shares of the technology company’s stock worth $1,413,000 after buying an additional 2,380 shares in the last quarter. Finally, APG Asset Management N.V. bought a new stake in shares of eXp World during the 1st quarter worth $953,000. 56.58% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, DA Davidson decreased their target price on eXp World from $20.00 to $16.00 and set a “buy” rating on the stock in a research report on Thursday, November 3rd.

Insider Transactions at eXp World

In related news, major shareholder Penny Sanford sold 3,251 shares of the firm’s stock in a transaction on Monday, November 28th. The stock was sold at an average price of $12.00, for a total transaction of $39,012.00. Following the sale, the insider now owns 27,452,071 shares of the company’s stock, valued at approximately $329,424,852. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last ninety days, insiders sold 130,594 shares of company stock worth $1,799,928. Corporate insiders own 35.70% of the company’s stock.

eXp World Price Performance

EXPI stock opened at $12.51 on Friday. eXp World Holdings, Inc. has a 1 year low of $9.96 and a 1 year high of $28.18. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.41 and a quick ratio of 2.41. The stock has a market cap of $1.91 billion, a price-to-earnings ratio of 50.04 and a beta of 2.72. The company has a 50 day simple moving average of $13.63 and a 200 day simple moving average of $13.10.

eXp World Company Profile

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eXp World Holdings, Inc operates as a cloud-based real estate brokerage firm. It focuses on the development and use of cloud-based technologies in order to grow an international brokerage without the burden of physical brick and mortar offices and redundant staffing costs. The firm offers software subscriptions to customers to access its virtual reality software platform through VirBELA.