eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells $187,800.00 in Stock

eXp World Holdings, Inc. (NASDAQ:EXPI - Get Free Report) CEO Glenn Darrel Sanford sold 20,000 shares of the company's stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $9.39, for a total transaction of $187,800.00. Following the transaction, the chief executive officer now owns 39,743,400 shares of the company's stock, valued at approximately $373,190,526. This represents a 0.05 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• 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 stock was sold at an average price of $9.80, for a total value of $196,000.00.
• On Monday, March 24th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $10.37, for a total value of $259,250.00.
• 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 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 value 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 shares were 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 stock was sold at an average price of $10.94, for a total value of $273,500.00.

eXp World Trading Down 2.9 %

EXPI stock traded down $0.26 during midday trading on Monday, hitting $8.58. The stock had a trading volume of 1,056,464 shares, compared to its average volume of 1,040,364. The firm has a market cap of $1.30 billion, a P/E ratio of -61.28 and a beta of 2.44. The business has a fifty day moving average price of $9.90 and a two-hundred day moving average price of $11.60. eXp World Holdings, Inc. has a 1-year low of $8.54 and a 1-year high of $15.39.

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

eXp World Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Tuesday, March 4th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.33%. The ex-dividend date was Tuesday, March 4th. eXp World's payout ratio is -142.86%.

Institutional Trading of eXp World

Several hedge funds have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in eXp World by 5.0% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,635 shares of the technology company's stock valued at $537,000 after purchasing an additional 2,202 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of eXp World by 1.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 231,807 shares of the technology company's stock valued at $2,668,000 after buying an additional 2,228 shares during the period. Snowden Capital Advisors LLC increased its position in eXp World by 10.1% in the 4th quarter. Snowden Capital Advisors LLC now owns 25,976 shares of the technology company's stock valued at $299,000 after buying an additional 2,381 shares in the last quarter. Entropy Technologies LP raised its stake in eXp World by 19.2% during the 4th quarter. Entropy Technologies LP now owns 14,920 shares of the technology company's stock worth $172,000 after buying an additional 2,400 shares during the period. Finally, ProShare Advisors LLC boosted its holdings in eXp World by 7.5% in the fourth quarter. ProShare Advisors LLC now owns 34,578 shares of the technology company's stock worth $398,000 after acquiring an additional 2,404 shares in the last quarter. Institutional investors own 27.17% of the company's stock.

Wall Street Analyst Weigh In

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