Teacher Retirement System of Texas Makes New Investment in eXp World Holdings, Inc. (NASDAQ:EXPI)
Posted by MarketBeat News on Apr 1st, 2025 Teacher Retirement System of Texas acquired a new stake in shares of eXp World Holdings, Inc. (NASDAQ:EXPI – Free Report) during the 4th quarter, Holdings Channel reports. The fund acquired 44,043 shares of the technology company’s stock, valued at approximately $507,000. A number of other large investors also recently modified their holdings of the company. Intech Investment Management LLC raised its holdings in eXp World by 150.7% during the fourth quarter. Intech Investment Management LLC now owns 171,872 shares of the technology company’s stock valued at $1,978,000 after acquiring an additional 103,320 shares during the period. Swiss National Bank grew its position in shares of eXp World by 1.9% during the fourth quarter. Swiss National Bank now owns 151,200 shares of the technology company’s stock worth $1,740,000 after purchasing an additional 2,800 shares in the last quarter. Raymond James Financial Inc. bought a new stake in eXp World during the 4th quarter valued at approximately $1,134,000. Charles Schwab Investment Management Inc. lifted its holdings in eXp World by 9.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,411,663 shares of the technology company’s stock worth $16,248,000 after purchasing an additional 123,314 shares in the last quarter. Finally, Plato Investment Management Ltd boosted its stake in eXp World by 16,347.0% in the 4th quarter. Plato Investment Management Ltd now owns 10,855 shares of the technology company’s stock worth $125,000 after purchasing an additional 10,789 shares during the period. Hedge funds and other institutional investors own 27.17% of the company’s stock. eXp World Stock Down 1.9 % Shares of eXp World stock opened at $9.78 on Tuesday. eXp World Holdings, Inc. has a twelve month low of $9.20 and a twelve month high of $15.39. The business has a 50-day moving average price of $10.50 and a 200-day moving average price of $12.13. The firm has a market cap of $1.49 billion, a price-to-earnings ratio of -69.85 and a beta of 2.33. eXp World (NASDAQ:EXPI – Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The technology company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.03. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.03 billion. eXp World had a positive return on equity of 5.75% and a negative net margin of 0.47%. On average, equities analysts expect that eXp World Holdings, Inc. will post 0.48 EPS for the current fiscal year. eXp World Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Tuesday, March 4th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date was Tuesday, March 4th. eXp World’s payout ratio is -142.86%. Insider Buying and Selling at eXp World In other news, CEO Glenn Darrel Sanford sold 25,000 shares of the company’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $10.74, for a total transaction of $268,500.00. Following the sale, the chief executive officer now directly owns 40,122,450 shares in the company, valued at approximately $430,915,113. This represents a 0.06 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 300,000 shares of company stock worth $3,208,750 over the last 90 days. 27.96% of the stock is owned by insiders. Analysts Set New Price Targets Separately, DA Davidson reiterated a “neutral” rating and set a $13.50 price objective on shares of eXp World in a research report on Friday, February 21st. Get Our Latest Stock Report on EXPI About eXp World (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 cloud-based technologies that provides data, lead generation, and marketing tools for real estate agents and employees. Read More Five stocks we like better than eXp World ETF Screener: Uses and Step-by-Step Guide 3 Buyable Stocks With Solid Bottoms Ready to Rebound Which Wall Street Analysts are the Most Accurate? Advantage+ Shopping: Meta’s Fast Growing $20 Billion AI-Ads Star How to Capture the Benefits of Dividend Increases Robotaxi News: What Tesla and Lyft Headlines Mean for Shares Want to see what other hedge funds are holding EXPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for eXp World Holdings, Inc. (NASDAQ:EXPI – Free Report). Receive News & Ratings for eXp World Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eXp World and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEThrivent Financial for Lutherans Sells 571 Shares of Boyd Gaming Co. (NYSE:BYD) NEXT HEADLINE »Sei Investments Co. Has $6.99 Million Holdings in Warner Music Group Corp. (NASDAQ:WMG) You might be interested in: