Sun Sep 15 11:32:52 UTC 2024: ## Headlands Technologies Invests in eXp World Holdings

**[City, State] – [Date]** Headlands Technologies LLC has made a new investment in eXp World Holdings, Inc. (NASDAQ:EXPI), a leading provider of cloud-based real estate brokerage services. The firm purchased 12,841 shares of eXp World stock, valued at approximately $145,000, during the second quarter. This move follows a trend of institutional investors showing interest in the company.

**Institutional Investors Show Confidence in eXp World**

Several other hedge funds and institutional investors have also adjusted their holdings in eXp World recently. Nordea Investment Management AB increased its stake by 49.3% in the first quarter, now owning 412,393 shares valued at $4,326,000. Quantbot Technologies LP also significantly increased its stake by 551.7% in the first quarter, holding 90,409 shares worth $934,000. Additionally, Prevail Innovative Wealth Advisors LLC acquired a new position valued at approximately $469,000, while Quest Partners LLC made a new investment worth about $300,000. Allspring Global Investments Holdings LLC also expanded its stake by 552.0% in the first quarter, now owning 12,042 shares valued at $124,000. Institutional investors currently own 27.17% of eXp World stock.

**eXp World CEO Sells Shares**

In a recent transaction on July 29th, CEO Glenn Darrel Sanford sold 40,000 shares of eXp World stock at an average price of $14.48, for a total value of $579,200.00. Following the sale, he directly owns 41,170,297 shares in the company, valued at approximately $596,145,900.56. Corporate insiders own 35.70% of the company’s stock.

**Mixed Earnings Results**

eXp World reported its quarterly earnings on July 31st, revealing a miss on the consensus estimate for earnings per share (EPS) but meeting revenue expectations. The company reported $0.08 EPS, missing the consensus estimate of $0.10 by ($0.02). Revenue reached $1.30 billion, aligning with the consensus estimate.

**Dividend Announcement and Analyst Opinions**

eXp World recently declared a quarterly dividend of $0.05 per share, paid on August 30th. The ex-dividend date was August 14th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.40%.

Analysts have offered mixed opinions on eXp World. DA Davidson raised their price objective from $11.75 to $13.50 and gave the company a “neutral” rating, while BTIG Research upgraded eXp World from a “sell” rating to a “neutral” rating.

**Overall, Headlands Technologies’ investment and the activity of other institutional investors suggest continued interest in eXp World. While earnings results were mixed, the company’s dividend announcement and analyst upgrades indicate potential for future growth. Investors are closely watching how eXp World navigates the evolving real estate market.**

**Disclaimer: This news article is based on information available in the original text and should not be interpreted as financial advice.**

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