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

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 25,000 shares of the firm’s stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $10.37, for a total transaction of $259,250.00. Following the transaction, the chief executive officer now directly owns 39,803,400 shares of the company’s stock, valued at $412,761,258. This represents a 0.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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 shares were sold at an average price of $10.04, for a total value of $251,000.00.
• 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 transaction of $274,000.00.
• On Monday, February 3rd, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was 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 transaction of $286,000.00.
• On Monday, January 13th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $10.74, for a total transaction of $268,500.00.

eXp World Price Performance

Shares of NASDAQ EXPI opened at $10.35 on Tuesday. The stock’s fifty day moving average price is $10.61 and its two-hundred day moving average price is $12.22. The firm has a market cap of $1.57 billion, a price-to-earnings ratio of -73.92 and a beta of 2.33. eXp World Holdings, Inc. has a one year low of $9.20 and a one year high of $15.39.

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

eXp World Dividend Announcement

The company 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 yield of 1.93%. eXp World’s dividend payout ratio is -142.86%.

Institutional Investors Weigh In On eXp World

A number of large investors have recently bought and sold shares of EXPI. SBI Securities Co. Ltd. bought a new stake in shares of eXp World during the 4th quarter worth approximately $32,000. Point72 Hong Kong Ltd bought a new stake in eXp World during the third quarter worth $34,000. Graney & King LLC acquired a new stake in shares of eXp World in the 4th quarter valued at $58,000. Sims Investment Management LLC bought a new position in shares of eXp World in the 4th quarter valued at $121,000. Finally, CIBC Asset Management Inc acquired a new position in shares of eXp World during the 4th quarter worth $122,000. 27.17% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

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.