Glenn Darrel Sanford Sells 25,000 Shares of eXp World Holdings, Inc. (NASDAQ:EXPI) Stock

eXp World Holdings, Inc. (NASDAQ:EXPIGet Free Report) CEO Glenn Darrel Sanford sold 25,000 shares of the stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $10.04, for a total value of $251,000.00. Following the transaction, the chief executive officer now directly owns 39,878,400 shares in the company, valued at approximately $400,379,136. This represents a 0.06 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

  • On Monday, February 24th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $10.21, for a total value of $255,250.00.
  • On Tuesday, February 18th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $11.02, for a total value of $275,500.00.
  • On Monday, February 10th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $10.96, for a total value of $274,000.00.
  • On Monday, February 3rd, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $10.94, for a total value of $273,500.00.
  • On Tuesday, January 28th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $11.59, for a total value of $289,750.00.
  • On Tuesday, January 21st, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $11.44, for a total value of $286,000.00.
  • On Monday, January 13th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $10.74, for a total value of $268,500.00.
  • On Monday, January 6th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $11.52, for a total value of $288,000.00.
  • On Thursday, December 26th, Glenn Darrel Sanford sold 36,630 shares of eXp World stock. The shares were sold at an average price of $11.97, for a total value of $438,461.10.
  • On Tuesday, December 17th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were sold at an average price of $12.60, for a total value of $630,000.00.

eXp World Trading Up 2.1 %

Shares of EXPI stock opened at $9.95 on Wednesday. The stock has a 50 day moving average of $11.06 and a two-hundred day moving average of $12.47. eXp World Holdings, Inc. has a 12 month low of $8.91 and a 12 month high of $15.39. The company has a market capitalization of $1.53 billion, a P/E ratio of -71.07 and a beta of 2.33.

eXp World (NASDAQ:EXPIGet Free Report) last announced its quarterly earnings data on Thursday, February 20th. The technology company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.03. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.03 billion. eXp World had a positive return on equity of 5.75% and a negative net margin of 0.47%. Sell-side analysts predict that eXp World Holdings, Inc. will post 0.48 earnings per share for the current fiscal year.

eXp World Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Tuesday, March 4th will be given a dividend of $0.05 per share. The ex-dividend date is Tuesday, March 4th. This represents a $0.20 annualized dividend and a dividend yield of 2.01%. eXp World’s dividend payout ratio (DPR) is presently -142.86%.

Hedge Funds Weigh In On eXp World

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Financial Advocates Investment Management raised its position in eXp World by 9.6% in the 3rd quarter. Financial Advocates Investment Management now owns 11,380 shares of the technology company’s stock valued at $160,000 after purchasing an additional 1,000 shares during the last quarter. Amalgamated Bank raised its position in eXp World by 6.1% in the 3rd quarter. Amalgamated Bank now owns 24,396 shares of the technology company’s stock valued at $344,000 after purchasing an additional 1,412 shares during the last quarter. Olympiad Research LP raised its position in eXp World by 4.7% in the 3rd quarter. Olympiad Research LP now owns 38,846 shares of the technology company’s stock valued at $547,000 after purchasing an additional 1,734 shares during the last quarter. Louisiana State Employees Retirement System raised its position in eXp World by 4.9% in the 3rd quarter. Louisiana State Employees Retirement System now owns 40,900 shares of the technology company’s stock valued at $576,000 after purchasing an additional 1,900 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its position in eXp World by 3.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 66,399 shares of the technology company’s stock valued at $936,000 after purchasing an additional 2,126 shares during the last quarter. Institutional investors own 27.17% of the company’s stock.

Wall Street Analyst Weigh In

Separately, DA Davidson reiterated a “neutral” rating and issued a $13.50 price objective on shares of eXp World in a research report on Friday, February 21st.

Read Our Latest Stock Analysis on EXPI

About eXp World

(Get 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.

Further Reading

Insider Buying and Selling by Quarter for eXp World (NASDAQ:EXPI)

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