eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells $244,000.00 in Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 25,000 shares of eXp World stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $9.76, for a total transaction of $244,000.00. Following the completion of the transaction, the chief executive officer now owns 39,853,400 shares of the company’s stock, valued at $388,969,184. The trade was a 0.06 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• 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 shares were sold at an average price of $10.21, for a total transaction of $255,250.00.
• On Tuesday, February 18th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was 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 stock was 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 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.
• 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 transaction of $288,000.00.
• On Thursday, December 26th, Glenn Darrel Sanford sold 36,630 shares of eXp World stock. The stock was sold at an average price of $11.97, for a total value of $438,461.10.

eXp World Price Performance

Shares of eXp World stock opened at $9.38 on Friday. eXp World Holdings, Inc. has a 1 year low of $8.91 and a 1 year high of $15.39. The firm has a market cap of $1.43 billion, a PE ratio of -67.00 and a beta of 2.33. The company has a 50 day simple moving average of $10.79 and a two-hundred day simple moving average of $12.33.

eXp World (NASDAQ:EXPI) last posted its quarterly earnings data on Thursday, February 20th. The technology company reported ($0.03) earnings per share (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 negative net margin of 0.47% and a positive return on equity of 5.75%. As a group, research analysts anticipate that eXp World Holdings, Inc. will post 0.48 earnings per share for the current year.

eXp World Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Tuesday, March 4th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date is Tuesday, March 4th. eXp World’s payout ratio is currently -142.86%.

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On eXp World

Large investors have recently modified their holdings of the company. SBI Securities Co. Ltd. purchased a new stake in eXp World in the fourth quarter worth approximately $32,000. Point72 Hong Kong Ltd bought a new stake in shares of eXp World in the 3rd quarter worth approximately $34,000. Graney & King LLC purchased 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 during the 4th quarter valued at $121,000. Finally, CIBC Asset Management Inc purchased a new position in eXp World in the 4th quarter worth $122,000. 27.17% of the stock is owned by hedge funds and other institutional investors.

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.