Insider Selling: eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells 25,000 Shares of Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 25,000 shares of eXp World stock in a transaction on Monday, March 24th. The shares were sold at an average price of $10.37, for a total value of $259,250.00. Following the transaction, the chief executive officer now owns 39,803,400 shares in the company, valued at $412,761,258. This represents a 0.06 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Monday, March 17th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $9.76, for a total transaction of $244,000.00.
• On Monday, March 10th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $9.76, for a total transaction of $244,000.00.
• On Monday, March 3rd, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $10.04, for a total transaction of $251,000.00.
• On Monday, February 24th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was 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 stock was 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 transaction of $289,750.00.
• On Tuesday, January 21st, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $11.44, for a total transaction 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 transaction of $268,500.00.

eXp World Stock Down 1.4 %

Shares of EXPI stock opened at $10.20 on Wednesday. eXp World Holdings, Inc. has a 12 month low of $9.20 and a 12 month high of $15.39. The company has a market cap of $1.55 billion, a PE ratio of -72.85 and a beta of 2.33. The business’s 50 day moving average is $10.60 and its two-hundred day moving average is $12.21.

eXp World (NASDAQ:EXPI) last posted its earnings results on Thursday, February 20th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.03. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.03 billion. eXp World had a negative net margin of 0.47% and a positive return on equity of 5.75%. As a group, equities analysts expect that eXp World Holdings, Inc. will post 0.48 EPS for the current fiscal year.

eXp World Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Tuesday, March 4th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a $0.20 annualized dividend and a dividend yield of 1.96%. eXp World’s dividend payout ratio is presently -142.86%.

Wall Street Analysts Forecast Growth

Separately, DA Davidson restated a “neutral” rating and set a $13.50 target price on shares of eXp World in a report on Friday, February 21st.

Institutional Trading of eXp World

Several hedge funds have recently added to or reduced their stakes in the business. Thrivent Financial for Lutherans boosted its position in shares of eXp World by 3.3% in the third quarter. Thrivent Financial for Lutherans now owns 66,399 shares of the technology company’s stock valued at $936,000 after acquiring an additional 2,126 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in eXp World by 5.0% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,635 shares of the technology company’s stock valued at $537,000 after purchasing an additional 2,202 shares during the period. Dimensional Fund Advisors LP grew its position in eXp World by 1.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 231,807 shares of the technology company’s stock worth $2,668,000 after purchasing an additional 2,228 shares during the last quarter. Snowden Capital Advisors LLC increased its holdings in shares of eXp World by 10.1% during the 4th quarter. Snowden Capital Advisors LLC now owns 25,976 shares of the technology company’s stock worth $299,000 after purchasing an additional 2,381 shares during the period. Finally, Entropy Technologies LP raised its position in shares of eXp World by 19.2% during the fourth quarter. Entropy Technologies LP now owns 14,920 shares of the technology company’s stock valued at $172,000 after buying an additional 2,400 shares during the last quarter. Institutional investors own 27.17% of the company’s stock.

About eXp World

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.