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

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 50,000 shares of the stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $14.48, for a total transaction of $724,000.00. Following the sale, the chief executive officer now directly owns 40,489,080 shares in the company, valued at $586,281,878.40. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• 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 value 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.
• On Tuesday, October 22nd, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The shares were sold at an average price of $12.82, for a total value of $512,800.00.
• On Tuesday, October 15th, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The stock was 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 transaction 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 transaction 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 value 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 value 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.

eXp World Stock Down 4.3 %

Shares of EXPI opened at $13.92 on Thursday. eXp World Holdings, Inc. has a twelve month low of $8.91 and a twelve month high of $17.11. The company has a 50 day moving average of $13.46 and a 200-day moving average of $12.48. The stock has a market capitalization of $2.14 billion, a P/E ratio of -63.27 and a beta of 2.31.

eXp World Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Monday, November 18th will be issued a dividend of $0.05 per share. The ex-dividend date is Monday, November 18th. This represents a $0.20 annualized dividend and a yield of 1.44%. eXp World’s payout ratio is presently -90.91%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in EXPI. Millennium Management LLC raised its holdings in shares of eXp World by 91.7% in the 2nd quarter. Millennium Management LLC now owns 1,377,365 shares of the technology company’s stock valued at $15,544,000 after purchasing an additional 659,012 shares during the period. Vident Advisory LLC boosted its position in eXp World by 594.0% during the first quarter. Vident Advisory LLC now owns 289,831 shares of the technology company’s stock worth $2,994,000 after purchasing an additional 248,070 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of eXp World by 16.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,288,349 shares of the technology company’s stock valued at $18,153,000 after purchasing an additional 183,823 shares during the period. Algert Global LLC lifted its stake in shares of eXp World by 147.6% during the 3rd quarter. Algert Global LLC now owns 296,085 shares of the technology company’s stock worth $4,172,000 after buying an additional 176,509 shares during the last quarter. Finally, FMR LLC boosted its holdings in shares of eXp World by 4,338.7% during the 3rd quarter. FMR LLC now owns 123,885 shares of the technology company’s stock worth $1,746,000 after buying an additional 121,094 shares during the period. Institutional investors and hedge funds own 27.17% of the company’s stock.

Analysts Set New Price Targets

EXPI has been the topic of several analyst reports. BTIG Research upgraded shares of eXp World from a “sell” rating to a “neutral” rating in a report on Tuesday, July 23rd. DA Davidson boosted their price objective on eXp World from $11.75 to $13.50 and gave the company a “neutral” rating in a research report on Thursday, August 1st.

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.