Glenn Darrel Sanford Sells 25,000 Shares of eXp World Holdings, Inc. (NASDAQ:EXPI) 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, March 10th. The shares were sold at an average price of $9.76, for a total value of $244,000.00. Following the transaction, the chief executive officer now directly owns 39,853,400 shares in the company, valued at approximately $388,969,184. The trade was a 0.06 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• 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 stock was 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 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 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 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 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 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 transaction of $438,461.10.

eXp World Stock Down 0.6 %

EXPI traded down $0.06 during trading on Tuesday, reaching $9.62. 370,418 shares of the company were exchanged, compared to its average volume of 973,057. eXp World Holdings, Inc. has a 12-month low of $8.91 and a 12-month high of $15.39. The company's 50-day moving average is $10.91 and its two-hundred day moving average is $12.39. The company has a market cap of $1.48 billion, a price-to-earnings ratio of -68.71 and a beta of 2.33.

Remove Ads

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

eXp World Dividend Announcement

The company 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 dividend of $0.05 per share. The ex-dividend date is Tuesday, March 4th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.08%. eXp World's dividend payout ratio (DPR) is currently -142.86%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. SBI Securities Co. Ltd. bought a new position in eXp World in the 4th quarter worth about $32,000. Point72 Hong Kong Ltd purchased a new position in eXp World in the 3rd quarter worth approximately $34,000. Graney & King LLC bought a new position in shares of eXp World in the 4th quarter worth $58,000. Sims Investment Management LLC purchased a new stake in shares of eXp World during the 4th quarter valued at $121,000. Finally, CIBC Asset Management Inc bought a new stake in shares of eXp World during the 4th quarter worth $122,000. Institutional investors own 27.17% of the company's stock.

Analysts Set New Price Targets

Separately, DA Davidson reissued a "neutral" rating and set a $13.50 target price on shares of eXp World in a report on Friday, February 21st.

About eXp World

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.