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

eXp World Holdings, Inc. (NASDAQ:EXPI - Get Free Report) CEO Glenn Darrel Sanford sold 25,000 shares of eXp World stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $11.02, for a total value of $275,500.00. Following the completion of the sale, the chief executive officer now owns 39,928,400 shares of the company's stock, valued at approximately $440,010,968. The trade was a 0.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

• 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 transaction 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 transaction of $289,750.00.
• On Tuesday, January 21st, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $11.44, for a total value of $286,000.00.
• On Monday, January 13th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $10.74, for a total value 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 value 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.
• On Tuesday, December 17th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were sold at an average price of $12.60, for a total transaction of $630,000.00.
• On Tuesday, December 10th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $13.00, for a total transaction of $650,000.00.
• 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.

eXp World Stock Performance

NASDAQ EXPI traded down $1.08 during trading on Friday, hitting $10.26. 1,918,186 shares of the company's stock traded hands, compared to its average volume of 901,647. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of -46.64 and a beta of 2.29. eXp World Holdings, Inc. has a 12-month low of $8.91 and a 12-month high of $15.39. The business has a 50 day moving average of $11.40 and a 200-day moving average of $12.56.

eXp World (NASDAQ:EXPI - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The technology company reported ($0.03) EPS for the quarter, beating analysts' consensus estimates of ($0.06) by $0.03. eXp World had a negative net margin of 0.74% and a positive return on equity of 2.27%. The company had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.03 billion. On average, analysts expect that eXp World Holdings, Inc. will post 0.08 EPS for the current year.

eXp World Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Tuesday, March 4th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.95%. The ex-dividend date is Tuesday, March 4th. eXp World's dividend payout ratio (DPR) is presently -90.91%.

Institutional Trading of eXp World

A number of hedge funds and other institutional investors have recently made changes to their positions in EXPI. Allspring Global Investments Holdings LLC purchased a new position in eXp World during the 3rd quarter valued at about $30,000. Point72 Hong Kong Ltd bought a new position in shares of eXp World in the third quarter valued at approximately $34,000. SBI Securities Co. Ltd. purchased a new position in eXp World during the fourth quarter valued at approximately $32,000. Graney & King LLC bought a new stake in eXp World during the 4th quarter worth approximately $58,000. Finally, IHT Wealth Management LLC bought a new stake in eXp World during the 3rd quarter worth approximately $145,000. 27.17% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, DA Davidson reiterated a "neutral" rating and issued a $13.50 price objective on shares of eXp World in a research note on Friday.

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.