eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford Sells 50,000 Shares

Posted by Jessica Moore on Nov 27th, 2024

eXp World Holdings, Inc. (NASDAQ:EXPI – Get Free Report) CEO Glenn Darrel Sanford sold 50,000 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $14.41, for a total value of $720,500.00. Following the completion of the sale, the chief executive officer now directly owns 40,389,080 shares in the company, valued at approximately $582,006,642.80. This represents a 0.12 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

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

On Monday, November 18th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $12.72, for a total value of $636,000.00.
On Tuesday, November 12th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were sold at an average price of $14.48, for a total value of $724,000.00.
On Tuesday, November 5th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $14.11, for a total transaction of $705,500.00.
On Tuesday, October 29th, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The stock was sold at an average price of $12.88, for a total transaction of $515,200.00.
On Tuesday, October 22nd, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The shares were sold at an average price of $12.82, for a total transaction of $512,800.00.
On Tuesday, October 15th, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The stock was sold at an average price of $13.28, for a total transaction of $531,200.00.
On Tuesday, October 8th, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The shares were sold at an average price of $13.41, for a total value of $536,400.00.
On Tuesday, October 1st, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The shares were sold at an average price of $13.93, for a total value of $557,200.00.
On Tuesday, September 24th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $14.23, for a total value of $711,500.00.
On Thursday, September 19th, Glenn Darrel Sanford sold 1,251 shares of eXp World stock. The shares were sold at an average price of $15.00, for a total transaction of $18,765.00.

eXp World Trading Down 3.6 %

Shares of EXPI opened at $13.87 on Wednesday. The stock’s 50-day moving average price is $13.57 and its two-hundred day moving average price is $12.62. eXp World Holdings, Inc. has a 12 month low of $8.91 and a 12 month high of $17.11. The company has a market capitalization of $2.13 billion, a PE ratio of -63.05 and a beta of 2.31.

eXp World Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Monday, November 18th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.44%. The ex-dividend date is Monday, November 18th. eXp World’s payout ratio is presently -90.91%.

Institutional Trading of eXp World

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of eXp World by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 12,109,705 shares of the technology company’s stock valued at $125,093,000 after purchasing an additional 107,303 shares during the last quarter. CWA Asset Management Group LLC acquired a new position in eXp World in the third quarter valued at $519,000. Harbor Capital Advisors Inc. boosted its position in eXp World by 91.9% during the third quarter. Harbor Capital Advisors Inc. now owns 116,517 shares of the technology company’s stock valued at $1,642,000 after acquiring an additional 55,814 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in eXp World by 29.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 240,099 shares of the technology company’s stock worth $2,709,000 after acquiring an additional 55,031 shares during the period. Finally, Renaissance Technologies LLC raised its position in shares of eXp World by 6.0% in the 2nd quarter. Renaissance Technologies LLC now owns 1,803,116 shares of the technology company’s stock worth $20,348,000 after acquiring an additional 101,600 shares in the last quarter. Institutional investors and hedge funds own 27.17% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, DA Davidson raised their price target on shares of eXp World from $11.75 to $13.50 and gave the company a “neutral” rating in a research note on Thursday, August 1st.

Get Our Latest Research Report on eXp World

eXp World Company Profile

(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.