eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford Sells 20,000 Shares

eXp World Holdings, Inc. (NASDAQ:EXPI - Get Free Report) CEO Glenn Darrel Sanford sold 20,000 shares of the stock in a transaction on Monday, April 21st. The shares were sold at an average price of $8.62, for a total value of $172,400.00. Following the sale, the chief executive officer now directly owns 39,723,400 shares in the company, valued at $342,415,708. This trade represents a 0.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Tuesday, April 15th, Glenn Darrel Sanford sold 20,000 shares of eXp World stock. The stock was sold at an average price of $9.39, for a total transaction of $187,800.00.
• On Monday, April 7th, Glenn Darrel Sanford sold 20,000 shares of eXp World stock. The shares were sold at an average price of $9.22, for a total value of $184,400.00.
• On Tuesday, April 1st, Glenn Darrel Sanford sold 20,000 shares of eXp World stock. The shares were sold at an average price of $9.80, for a total transaction of $196,000.00.
• On Monday, March 24th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $10.37, for a total transaction of $259,250.00.
• On Monday, March 17th, 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 value 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 value 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 transaction 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.

eXp World Stock Up 3.3 %

eXp World stock traded up $0.28 during midday trading on Tuesday, reaching $8.86. 468,057 shares of the stock traded hands, compared to its average volume of 1,120,819. eXp World Holdings, Inc. has a 12 month low of $8.54 and a 12 month high of $15.39. The stock's fifty day moving average is $9.86 and its 200-day moving average is $11.56. The stock has a market cap of $1.35 billion, a P/E ratio of -63.28 and a beta of 2.44.

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

eXp World Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Tuesday, March 4th were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 2.26%. The ex-dividend date was Tuesday, March 4th. eXp World's dividend payout ratio is currently -142.86%.

Institutional Trading of eXp World

A number of institutional investors have recently bought and sold shares of EXPI. Barclays PLC lifted its holdings in shares of eXp World by 27.8% in the 3rd quarter. Barclays PLC now owns 144,758 shares of the technology company's stock worth $2,040,000 after acquiring an additional 31,509 shares during the last quarter. Geode Capital Management LLC lifted its stake in eXp World by 5.6% in the third 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. Principal Financial Group Inc. grew its stake in shares of eXp World by 3.9% during the third quarter. Principal Financial Group Inc. now owns 400,286 shares of the technology company's stock valued at $5,640,000 after buying an additional 15,024 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of eXp World by 17.0% in the third quarter. JPMorgan Chase & Co. now owns 520,419 shares of the technology company's stock worth $7,333,000 after buying an additional 75,431 shares during the period. Finally, Nordea Investment Management AB lifted its stake in shares of eXp World by 4.8% during the 4th quarter. Nordea Investment Management AB now owns 369,266 shares of the technology company's stock worth $4,328,000 after acquiring an additional 16,807 shares during the last quarter. 27.17% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, DA Davidson reaffirmed a "neutral" rating and set a $13.50 target price on shares of eXp World in a research note 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.