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

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 25,000 shares of the business’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $11.44, for a total transaction of $286,000.00. Following the completion of the sale, the chief executive officer now owns 40,097,450 shares of the company’s stock, valued at approximately $458,714,828. This represents a 0.06 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

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

• On Monday, January 13th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $10.74, for a total transaction of $268,500.00.
• On Monday, January 6th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were 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 value 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 shares were 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.

eXp World Trading Down 0.5 %

NASDAQ EXPI opened at $11.07 on Friday. The stock has a market cap of $1.70 billion, a P/E ratio of -50.32 and a beta of 2.30. eXp World Holdings, Inc. has a 12-month low of $8.91 and a 12-month high of $15.39. The company has a fifty day simple moving average of $12.38 and a two-hundred day simple moving average of $12.88.

eXp World Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, November 18th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a yield of 1.81%. eXp World’s dividend payout ratio is currently -90.91%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Commonwealth Equity Services LLC boosted its position in eXp World by 8.0% in the second quarter. Commonwealth Equity Services LLC now owns 23,896 shares of the technology company’s stock valued at $270,000 after buying an additional 1,768 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in eXp World by 29.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 240,099 shares of the technology company’s stock valued at $2,709,000 after acquiring an additional 55,031 shares during the period. Sei Investments Co. boosted its holdings in shares of eXp World by 6.6% in the 2nd quarter. Sei Investments Co. now owns 105,433 shares of the technology company’s stock valued at $1,190,000 after acquiring an additional 6,556 shares during the last quarter. Public Sector Pension Investment Board raised its holdings in shares of eXp World by 6.8% during the second quarter. Public Sector Pension Investment Board now owns 170,370 shares of the technology company’s stock worth $1,923,000 after purchasing an additional 10,789 shares during the last quarter. Finally, Point72 DIFC Ltd acquired a new position in eXp World during the second quarter valued at $26,000. 27.17% of the stock is 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.