Glenn Darrel Sanford Sells 26,630 Shares of eXp World Holdings, Inc. (NASDAQ:EXPI) Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 26,630 shares of the firm’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $11.82, for a total transaction of $314,766.60. Following the completion of the transaction, the chief executive officer now directly owns 40,943,667 shares of the company’s stock, valued at $483,954,143.94. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Glenn Darrel Sanford also recently made the following trade(s):

• On Tuesday, August 27th, Glenn Darrel Sanford sold 44,616 shares of eXp World stock. The stock was sold at an average price of $12.98, for a total transaction of $579,115.68.
• On Tuesday, August 20th, Glenn Darrel Sanford sold 47,984 shares of eXp World stock. The shares were sold at an average price of $12.32, for a total transaction of $591,162.88.
• On Tuesday, August 13th, Glenn Darrel Sanford sold 46,047 shares of eXp World stock. The shares were sold at an average price of $12.05, for a total value of $554,866.35.
• On Tuesday, August 6th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $12.33, for a total value of $616,500.00.
• On Monday, July 29th, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The shares were sold at an average price of $14.48, for a total value of $579,200.00.
• On Monday, July 22nd, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The shares were sold at an average price of $13.79, for a total transaction of $551,600.00.
• On Wednesday, July 17th, Glenn Darrel Sanford sold 55,538 shares of eXp World stock. The stock was sold at an average price of $14.29, for a total transaction of $793,638.02.
• On Monday, July 15th, Glenn Darrel Sanford sold 83,240 shares of eXp World stock. The stock was sold at an average price of $12.80, for a total transaction of $1,065,472.00.
• On Monday, July 8th, Glenn Darrel Sanford sold 20,000 shares of eXp World stock. The stock was sold at an average price of $11.12, for a total transaction of $222,400.00.
• On Monday, July 1st, Glenn Darrel Sanford sold 20,000 shares of eXp World stock. The shares were sold at an average price of $10.74, for a total value of $214,800.00.

eXp World Trading Down 0.1 %

Shares of NASDAQ:EXPI traded down $0.01 on Thursday, reaching $11.69. 188,901 shares of the company’s stock were exchanged, compared to its average volume of 1,043,460. eXp World Holdings, Inc. has a twelve month low of $8.91 and a twelve month high of $19.66. The company has a fifty day moving average of $12.47 and a 200-day moving average of $11.53. The company has a market capitalization of $1.81 billion, a price-to-earnings ratio of -68.35 and a beta of 2.34.

eXp World (NASDAQ:EXPI) last issued its quarterly earnings results on Wednesday, July 31st. The technology company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The company had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.30 billion. eXp World had a negative return on equity of 0.56% and a negative net margin of 0.52%. The company’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.06 EPS. As a group, equities research analysts forecast that eXp World Holdings, Inc. will post 0.09 EPS for the current fiscal year.

eXp World Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Wednesday, August 14th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date of this dividend was Wednesday, August 14th. eXp World’s dividend payout ratio (DPR) is presently -117.65%.

Institutional Investors Weigh In On eXp World

A number of large investors have recently bought and sold shares of EXPI. Charles Schwab Investment Management Inc. lifted its holdings in shares of eXp World by 12.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 877,657 shares of the technology company’s stock worth $13,621,000 after acquiring an additional 93,810 shares during the period. BNP Paribas Financial Markets raised its position in eXp World by 16.7% during the fourth quarter. BNP Paribas Financial Markets now owns 118,322 shares of the technology company’s stock valued at $1,836,000 after purchasing an additional 16,891 shares in the last quarter. Norges Bank bought a new stake in eXp World during the fourth quarter worth $7,141,000. Dynamic Technology Lab Private Ltd boosted its holdings in shares of eXp World by 204.5% in the 4th quarter. Dynamic Technology Lab Private Ltd now owns 50,547 shares of the technology company’s stock valued at $784,000 after purchasing an additional 33,947 shares in the last quarter. Finally, Quest Partners LLC bought a new position in shares of eXp World in the 4th quarter valued at $300,000. 27.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on EXPI shares. BTIG Research upgraded eXp World from a “sell” rating to a “neutral” rating in a research note on Tuesday, July 23rd. DA Davidson lifted their target price on eXp World from $11.75 to $13.50 and gave the stock a “neutral” rating in a report on Thursday, August 1st.

eXp World Company Profile

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.