Massachusetts Financial Services Co. MA Invests $648,000 in eXp World Holdings, Inc. (NASDAQ:EXPI)

Massachusetts Financial Services Co. MA purchased a new position in eXp World Holdings, Inc. (NASDAQ:EXPIFree Report) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 39,920 shares of the technology company’s stock, valued at approximately $648,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Swiss National Bank boosted its position in shares of eXp World by 3.9% in the 3rd quarter. Swiss National Bank now owns 168,700 shares of the technology company’s stock worth $2,740,000 after purchasing an additional 6,400 shares during the last quarter. Quantbot Technologies LP boosted its position in shares of eXp World by 77.1% in the 3rd quarter. Quantbot Technologies LP now owns 67,418 shares of the technology company’s stock worth $1,095,000 after purchasing an additional 29,354 shares during the last quarter. Barclays PLC boosted its position in shares of eXp World by 26.5% in the 3rd quarter. Barclays PLC now owns 46,468 shares of the technology company’s stock worth $755,000 after purchasing an additional 9,746 shares during the last quarter. Fox Run Management L.L.C. bought a new position in shares of eXp World in the 3rd quarter worth $169,000. Finally, Arizona State Retirement System raised its stake in eXp World by 4.5% during the 3rd quarter. Arizona State Retirement System now owns 21,845 shares of the technology company’s stock worth $355,000 after buying an additional 945 shares during the period. 27.17% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other eXp World news, Director Jason Gesing sold 60,000 shares of eXp World stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $16.59, for a total value of $995,400.00. Following the sale, the director now owns 2,237,858 shares of the company’s stock, valued at approximately $37,126,064.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 34.92% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Separately, DA Davidson reaffirmed a “neutral” rating and set a $15.00 price objective (down previously from $20.00) on shares of eXp World in a research note on Friday, January 26th.

Read Our Latest Stock Analysis on eXp World

eXp World Trading Up 1.5 %

Shares of eXp World stock opened at $12.53 on Tuesday. The company has a market capitalization of $1.93 billion, a PE ratio of 417.81 and a beta of 2.33. eXp World Holdings, Inc. has a 12 month low of $10.61 and a 12 month high of $25.39. The stock’s fifty day simple moving average is $13.98 and its 200 day simple moving average is $15.80.

eXp World Company Profile

(Free Report)

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 technology platform that provides 24/7 access to collaboration tools, training, and social communities for real estate agents and employees.

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Institutional Ownership by Quarter for eXp World (NASDAQ:EXPI)

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