Insider Selling: eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells 36,630 Shares of Stock

eXp World Holdings, Inc. (NASDAQ:EXPI - Get Free Report) CEO Glenn Darrel Sanford sold 36,630 shares of the firm's stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $11.97, for a total value of $438,461.10. Following the completion of the sale, the chief executive officer now directly owns 40,172,450 shares in the company, valued at approximately $480,864,226.50. The trade was a 0.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

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

• On Tuesday, December 17th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was 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 stock was sold at an average price of $13.87, for a total value of $691,849.47.
• On Monday, November 25th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $14.41, for a total value of $720,500.00.
• On Monday, November 18th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $12.72, for a total transaction of $636,000.00.
• On Tuesday, November 12th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were sold at an average price of $14.48, for a total transaction of $724,000.00.
• On Tuesday, November 5th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $14.11, for a total transaction of $705,500.00.
• On Tuesday, October 29th, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The shares were sold at an average price of $12.88, for a total value of $515,200.00.
• On Tuesday, October 22nd, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The stock was sold at an average price of $12.82, for a total value of $512,800.00.
• On Tuesday, October 15th, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The shares were sold at an average price of $13.28, for a total transaction of $531,200.00.

eXp World Stock Performance

Shares of NASDAQ EXPI traded down $0.16 during midday trading on Friday, reaching $11.80. 874,686 shares of the stock were exchanged, compared to its average volume of 1,027,384. eXp World Holdings, Inc. has a twelve month low of $8.91 and a twelve month high of $16.48. The stock has a market capitalization of $1.81 billion, a P/E ratio of -53.64 and a beta of 2.26. The company has a 50 day simple moving average of $13.20 and a 200 day simple moving average of $12.81.

eXp World Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, November 18th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date of this dividend was Monday, November 18th. eXp World's dividend payout ratio is presently -90.91%.

Hedge Funds Weigh In On eXp World

Several large investors have recently made changes to their positions in EXPI. Copeland Capital Management LLC boosted its position in shares of eXp World by 2.4% during the third quarter. Copeland Capital Management LLC now owns 4,011,378 shares of the technology company's stock worth $56,520,000 after buying an additional 94,493 shares during the period. State Street Corp lifted its stake in eXp World by 4.1% during the 3rd quarter. State Street Corp now owns 2,982,216 shares of the technology company's stock worth $42,019,000 after acquiring an additional 117,418 shares in the last quarter. Geode Capital Management LLC boosted its holdings in eXp World by 5.6% during the 3rd quarter. Geode Capital Management LLC now owns 2,211,172 shares of the technology company's stock valued at $31,161,000 after acquiring an additional 118,210 shares during the period. Renaissance Technologies LLC increased its stake in eXp World by 6.0% during the second quarter. Renaissance Technologies LLC now owns 1,803,116 shares of the technology company's stock worth $20,348,000 after purchasing an additional 101,600 shares during the period. Finally, Millennium Management LLC boosted its stake in shares of eXp World by 91.7% in the second quarter. Millennium Management LLC now owns 1,377,365 shares of the technology company's stock valued at $15,544,000 after purchasing an additional 659,012 shares during the period. 27.17% of the stock is currently owned by institutional investors and hedge funds.

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.