eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells 25,000 Shares of Stock

eXp World Holdings, Inc. (NASDAQ:EXPI - Get Free Report) CEO Glenn Darrel Sanford sold 25,000 shares of the business's stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $10.74, for a total transaction of $268,500.00. Following the completion of the transaction, the chief executive officer now directly owns 40,122,450 shares of the company's stock, valued at approximately $430,915,113. This represents a 0.06 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• 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 value of $288,000.00.
• On Thursday, December 26th, Glenn Darrel Sanford sold 36,630 shares of eXp World stock. The stock was 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 transaction 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.
• On Tuesday, December 3rd, Glenn Darrel Sanford sold 49,881 shares of eXp World stock. The shares were sold at an average price of $13.87, for a total transaction of $691,849.47.
• On Monday, November 25th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were 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 shares were sold at an average price of $12.72, for a total value of $636,000.00.
• On Tuesday, November 12th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was 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.

eXp World Stock Performance

Shares of EXPI stock traded down $0.41 during trading hours on Tuesday, reaching $10.49. The company had a trading volume of 713,415 shares, compared to its average volume of 950,577. The company has a market capitalization of $1.61 billion, a P/E ratio of -47.68 and a beta of 2.30. eXp World Holdings, Inc. has a twelve month low of $8.91 and a twelve month high of $15.39. The stock's fifty day simple moving average is $12.75 and its 200 day simple moving average is $12.87.

eXp World Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, November 18th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend was Monday, November 18th. eXp World's dividend payout ratio (DPR) is -90.91%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC acquired a new position in eXp World during the 3rd quarter worth $30,000. Point72 DIFC Ltd bought a new position in eXp World during the 2nd quarter worth approximately $26,000. Point72 Hong Kong Ltd bought a new stake in shares of eXp World in the 3rd quarter valued at approximately $34,000. Meeder Asset Management Inc. acquired a new position in eXp World during the 2nd quarter valued at about $29,000. Finally, IHT Wealth Management LLC bought a new position in eXp World in the 3rd quarter worth about $145,000. 27.17% of the stock is owned by institutional investors and hedge funds.

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.