Glenn Darrel Sanford Sells 20,000 Shares of eXp World Holdings, Inc. (NASDAQ:EXPI) 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 dated Monday, April 7th. The stock was sold at an average price of $9.22, for a total transaction of $184,400.00. Following the completion of the transaction, the chief executive officer now owns 39,763,400 shares in the company, valued at approximately $366,618,548. The trade was a 0.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Tuesday, April 1st, Glenn Darrel Sanford sold 20,000 shares of eXp World stock. The shares were sold at an average price of $9.80, for a total transaction of $196,000.00.
• On Monday, March 24th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was 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 stock was sold at an average price of $9.76, for a total value of $244,000.00.
• On Monday, March 10th, 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 value of $244,000.00.
• On Monday, March 3rd, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was 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 transaction of $255,250.00.
• 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 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 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.

eXp World Stock Down 0.3 %

Shares of eXp World stock traded down $0.03 on Friday, reaching $9.14. The company's stock had a trading volume of 924,287 shares, compared to its average volume of 1,039,090. The company has a market capitalization of $1.39 billion, a P/E ratio of -65.28 and a beta of 2.44. The stock has a 50-day moving average price of $10.08 and a 200-day moving average price of $11.79. eXp World Holdings, Inc. has a 52-week low of $8.64 and a 52-week high of $15.39.

Remove Ads

eXp World (NASDAQ:EXPI - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The technology company reported ($0.03) EPS for the quarter, topping the consensus estimate 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%. Sell-side analysts forecast that eXp World Holdings, Inc. will post 0.48 earnings per share for the current fiscal year.

eXp World Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Tuesday, March 4th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date was Tuesday, March 4th. eXp World's dividend payout ratio is presently -142.86%.

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On eXp World

Institutional investors have recently bought and sold shares of the company. GAMMA Investing LLC lifted its position in shares of eXp World by 1,008.3% in the first quarter. GAMMA Investing LLC now owns 23,130 shares of the technology company's stock valued at $2,365,000 after acquiring an additional 21,043 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in eXp World by 13.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 184,485 shares of the technology company's stock valued at $2,123,000 after purchasing an additional 21,461 shares in the last quarter. Squarepoint Ops LLC lifted its holdings in eXp World by 22.2% in the 4th quarter. Squarepoint Ops LLC now owns 28,746 shares of the technology company's stock valued at $331,000 after purchasing an additional 5,215 shares in the last quarter. Two Sigma Advisers LP boosted its stake in eXp World by 4.6% during the 4th quarter. Two Sigma Advisers LP now owns 66,400 shares of the technology company's stock worth $764,000 after purchasing an additional 2,900 shares during the last quarter. Finally, State of Wyoming grew its holdings in shares of eXp World by 79.4% during the fourth quarter. State of Wyoming now owns 44,517 shares of the technology company's stock worth $512,000 after buying an additional 19,699 shares in the last quarter. 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.