eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells $650,000.00 in Stock

Posted by Doug Wharley on Dec 14th, 2024

eXp World Holdings, Inc. (NASDAQ:EXPI – Get Free Report) CEO Glenn Darrel Sanford sold 50,000 shares of the stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $13.00, for a total value of $650,000.00. Following the sale, the chief executive officer now directly owns 40,289,080 shares of the company’s stock, valued at approximately $523,758,040. The trade was a 0.12 % decrease in their ownership of the stock. The transaction 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 Tuesday, December 3rd, Glenn Darrel Sanford sold 49,881 shares of eXp World stock. The shares were sold at an average price of $13.87, for a total transaction of $691,849.47.
On Monday, November 25th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were sold at an average price of $14.41, for a total transaction of $720,500.00.
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 shares were sold at an average price of $14.11, for a total value 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 stock was 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 shares were 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 stock was sold at an average price of $13.41, for a total transaction 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.

eXp World Stock Down 0.2 %

EXPI stock opened at $12.86 on Friday. The company has a market cap of $1.97 billion, a price-to-earnings ratio of -58.45 and a beta of 2.26. eXp World Holdings, Inc. has a twelve month low of $8.91 and a twelve month high of $17.11. The business has a 50 day moving average price of $13.42 and a two-hundred day moving average price of $12.72.

eXp World Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Monday, November 18th were paid a $0.05 dividend. The ex-dividend date was Monday, November 18th. This represents a $0.20 annualized dividend and a dividend yield of 1.56%. eXp World’s dividend payout ratio is presently -90.91%.

Hedge Funds Weigh In On eXp World

Institutional investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC increased its stake in shares of eXp World by 5.6% during the 3rd quarter. Geode Capital Management LLC now owns 2,211,172 shares of the technology company’s stock worth $31,161,000 after purchasing an additional 118,210 shares during the last quarter. Valued Retirements Inc. bought a new position in eXp World during the third quarter worth about $955,000. Barclays PLC increased its position in eXp World by 27.8% during the third quarter. Barclays PLC now owns 144,758 shares of the technology company’s stock worth $2,040,000 after buying an additional 31,509 shares during the last quarter. State Street Corp raised its stake in eXp World by 4.1% in the third quarter. State Street Corp now owns 2,982,216 shares of the technology company’s stock valued at $42,019,000 after buying an additional 117,418 shares during the period. Finally, Stifel Financial Corp lifted its position in shares of eXp World by 7.5% in the third quarter. Stifel Financial Corp now owns 143,600 shares of the technology company’s stock valued at $2,023,000 after buying an additional 9,992 shares during the last quarter. 27.17% of the stock is currently owned by institutional investors and hedge funds.

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.