eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells $255,250.00 in Stock

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 Monday, February 24th. The stock was sold at an average price of $10.21, for a total transaction of $255,250.00. Following the transaction, the chief executive officer now directly owns 39,903,400 shares in the company, valued at $407,413,714. This trade represents a 0.06 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• 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 transaction 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.
• 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 value 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 stock was 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 shares were 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 value of $630,000.00.
• On Tuesday, December 10th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were sold at an average price of $13.00, for a total transaction of $650,000.00.

eXp World Stock Down 1.0 %

EXPI stock traded down $0.10 during mid-day trading on Friday, hitting $10.11. The company had a trading volume of 1,319,228 shares, compared to its average volume of 972,467. eXp World Holdings, Inc. has a 12-month low of $8.91 and a 12-month high of $15.39. The company has a 50-day moving average price of $11.20 and a 200 day moving average price of $12.50. The company has a market capitalization of $1.56 billion, a price-to-earnings ratio of -72.21 and a beta of 2.29.

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eXp World (NASDAQ:EXPI - Get Free Report) last released 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 business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.03 billion. eXp World had a positive return on equity of 5.75% and a negative net margin of 0.47%. As a group, analysts expect that eXp World Holdings, Inc. will post 0.48 EPS for the current year.

eXp World Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Tuesday, March 4th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $0.20 annualized dividend and a yield of 1.98%. eXp World's dividend payout ratio (DPR) is currently -142.86%.

Hedge Funds Weigh In On eXp World

Institutional investors and hedge funds have recently made changes to their positions in the business. Financial Advocates Investment Management increased its stake in eXp World by 9.6% during the third quarter. Financial Advocates Investment Management now owns 11,380 shares of the technology company's stock worth $160,000 after acquiring an additional 1,000 shares during the last quarter. Amalgamated Bank raised its holdings in eXp World by 6.1% during the 3rd quarter. Amalgamated Bank now owns 24,396 shares of the technology company's stock valued at $344,000 after buying an additional 1,412 shares during the period. Olympiad Research LP raised its holdings in eXp World by 4.7% during the 3rd quarter. Olympiad Research LP now owns 38,846 shares of the technology company's stock valued at $547,000 after buying an additional 1,734 shares during the period. Louisiana State Employees Retirement System lifted its position in eXp World by 4.9% in the third quarter. Louisiana State Employees Retirement System now owns 40,900 shares of the technology company's stock worth $576,000 after buying an additional 1,900 shares during the last quarter. Finally, Thrivent Financial for Lutherans boosted its stake in eXp World by 3.3% during the third quarter. Thrivent Financial for Lutherans now owns 66,399 shares of the technology company's stock worth $936,000 after buying an additional 2,126 shares during the period. 27.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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