Glenn Darrel Sanford Sells 40,000 Shares of eXp World Holdings, Inc. (NASDAQ:EXPI) Stock

eXp World Holdings, Inc. (NASDAQ:EXPI - Get Free Report) CEO Glenn Darrel Sanford sold 40,000 shares of the stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $12.88, for a total transaction of $515,200.00. Following the completion of the sale, the chief executive officer now directly owns 40,589,780 shares in the company, valued at approximately $522,796,366.40. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

• 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 value 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.
• On Tuesday, October 1st, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The shares were sold at an average price of $13.93, for a total value of $557,200.00.
• On Tuesday, September 24th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $14.23, for a total value of $711,500.00.
• On Thursday, September 19th, Glenn Darrel Sanford sold 1,251 shares of eXp World stock. The shares were sold at an average price of $15.00, for a total transaction of $18,765.00.
• On Tuesday, September 17th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were sold at an average price of $14.49, for a total transaction of $724,500.00.
• On Tuesday, September 10th, Glenn Darrel Sanford sold 59,935 shares of eXp World stock. The stock was sold at an average price of $12.41, for a total transaction of $743,793.35.
• On Tuesday, September 3rd, Glenn Darrel Sanford sold 26,630 shares of eXp World stock. The shares were sold at an average price of $11.82, for a total transaction of $314,766.60.
• On Tuesday, August 27th, Glenn Darrel Sanford sold 44,616 shares of eXp World stock. The stock was sold at an average price of $12.98, for a total value of $579,115.68.

eXp World Trading Down 0.6 %

EXPI stock traded down $0.08 on Wednesday, hitting $12.80. 514,226 shares of the company's stock traded hands, compared to its average volume of 1,008,601. The stock has a market cap of $1.98 billion, a price-to-earnings ratio of -76.65 and a beta of 2.30. eXp World Holdings, Inc. has a 1-year low of $8.91 and a 1-year high of $17.11. The stock has a fifty day moving average of $13.15 and a 200-day moving average of $12.20.

eXp World (NASDAQ:EXPI - Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The technology company reported $0.08 EPS for the quarter, missing analysts' consensus estimates of $0.10 by ($0.02). The company had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.30 billion. eXp World had a negative net margin of 0.52% and a negative return on equity of 0.56%. eXp World's revenue was up 5.2% on a year-over-year basis. During the same quarter last year, the company posted $0.06 EPS. On average, equities research analysts anticipate that eXp World Holdings, Inc. will post 0.09 earnings per share for the current fiscal year.

Institutional Investors Weigh In On eXp World

Institutional investors and hedge funds have recently modified their holdings of the stock. Nordea Investment Management AB increased its stake in eXp World by 49.3% in the 1st quarter. Nordea Investment Management AB now owns 412,393 shares of the technology company's stock worth $4,326,000 after purchasing an additional 136,151 shares in the last quarter. Quantbot Technologies LP raised its holdings in shares of eXp World by 551.7% during the first quarter. Quantbot Technologies LP now owns 90,409 shares of the technology company's stock valued at $934,000 after acquiring an additional 76,536 shares during the period. Prevail Innovative Wealth Advisors LLC purchased a new stake in shares of eXp World in the 1st quarter valued at approximately $469,000. Allspring Global Investments Holdings LLC boosted its stake in eXp World by 552.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 12,042 shares of the technology company's stock worth $124,000 after purchasing an additional 10,195 shares during the period. Finally, Edgestream Partners L.P. purchased a new position in eXp World during the 1st quarter worth approximately $578,000. 27.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

EXPI has been the topic of a number of research reports. DA Davidson boosted their price objective on eXp World from $11.75 to $13.50 and gave the stock a "neutral" rating in a research note on Thursday, August 1st. BTIG Research raised eXp World from a "sell" rating to a "neutral" rating in a report on Tuesday, July 23rd.

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.