eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford Sells 50,000 Shares

eXp World Holdings, Inc. (NASDAQ:EXPI - Get Free Report) CEO Glenn Darrel Sanford sold 50,000 shares of the firm's stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $12.60, for a total value of $630,000.00. Following the sale, the chief executive officer now directly owns 40,209,080 shares in the company, valued at $506,634,408. This trade represents a 0.12 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

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

• 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 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 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 stock was 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 shares were sold at an average price of $14.48, for a total value 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 transaction 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 transaction 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.
• On Tuesday, October 8th, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The stock was sold at an average price of $13.41, for a total value of $536,400.00.

eXp World Stock Down 7.6 %

EXPI traded down $0.95 on Wednesday, hitting $11.63. 1,265,662 shares of the company traded hands, compared to its average volume of 990,334. The company has a 50 day moving average of $13.38 and a 200-day moving average of $12.78. eXp World Holdings, Inc. has a 12-month low of $8.91 and a 12-month high of $16.48. The stock has a market capitalization of $1.79 billion, a PE ratio of -52.86 and a beta of 2.26.

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 paid a $0.05 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.20 annualized dividend and a yield of 1.72%. eXp World's dividend payout ratio is currently -90.91%.

Hedge Funds Weigh In On eXp World

A number of large investors have recently bought and sold shares of the company. SG Americas Securities LLC raised its holdings in eXp World by 71.0% during the second quarter. SG Americas Securities LLC now owns 35,466 shares of the technology company's stock worth $400,000 after purchasing an additional 14,730 shares in the last quarter. Blue Trust Inc. grew its stake in shares of eXp World by 585.1% during the 2nd quarter. Blue Trust Inc. now owns 12,360 shares of the technology company's stock worth $128,000 after purchasing an additional 10,556 shares during the period. Louisiana State Employees Retirement System lifted its stake in shares of eXp World by 2.4% in the second quarter. Louisiana State Employees Retirement System now owns 39,000 shares of the technology company's stock valued at $440,000 after purchasing an additional 900 shares during the period. Bank of New York Mellon Corp boosted its holdings in eXp World by 5.4% during the second quarter. Bank of New York Mellon Corp now owns 710,428 shares of the technology company's stock worth $8,017,000 after buying an additional 36,569 shares in the last quarter. Finally, Financial Advocates Investment Management acquired a new position in eXp World during the second quarter worth about $117,000. Hedge funds and other institutional investors own 27.17% of the company's stock.

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.