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

Posted by Phillip Gast on Oct 31st, 2024

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 transaction, the chief executive officer now owns 40,589,780 shares of the company’s stock, valued at $522,796,366.40. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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 shares were 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.
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 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 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 Stock Down 0.6 %

EXPI opened at $12.80 on Thursday. The business’s fifty day simple moving average is $13.16 and its 200 day simple moving average is $12.20. eXp World Holdings, Inc. has a 52 week low of $8.91 and a 52 week high of $17.11. The stock has a market cap of $1.98 billion, a PE ratio of -75.29 and a beta of 2.30.

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 the consensus estimate of $0.10 by ($0.02). The firm had revenue of $1.30 billion for the quarter, compared to the consensus estimate 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 for the quarter was up 5.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.06 earnings per share. As a group, equities analysts anticipate that eXp World Holdings, Inc. will post 0.09 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on EXPI. BTIG Research upgraded eXp World from a “sell” rating to a “neutral” rating in a research note on Tuesday, July 23rd. DA Davidson upped their price objective on shares of eXp World from $11.75 to $13.50 and gave the stock a “neutral” rating in a research report on Thursday, August 1st.

Get Our Latest Research Report on eXp World

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of eXp World by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 12,109,705 shares of the technology company’s stock valued at $125,093,000 after purchasing an additional 107,303 shares during the last quarter. Copeland Capital Management LLC lifted its stake in shares of eXp World by 2.4% in the 3rd quarter. Copeland Capital Management LLC now owns 4,011,378 shares of the technology company’s stock valued at $56,520,000 after acquiring an additional 94,493 shares during the last quarter. Renaissance Technologies LLC lifted its stake in shares of eXp World by 6.0% in the 2nd quarter. Renaissance Technologies LLC now owns 1,803,116 shares of the technology company’s stock valued at $20,348,000 after acquiring an additional 101,600 shares during the last quarter. Millennium Management LLC boosted its holdings in eXp World by 91.7% during the 2nd quarter. Millennium Management LLC now owns 1,377,365 shares of the technology company’s stock valued at $15,544,000 after acquiring an additional 659,012 shares during the period. Finally, Bank of New York Mellon Corp grew its position in eXp World by 5.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 710,428 shares of the technology company’s stock worth $8,017,000 after acquiring an additional 36,569 shares during the last quarter. 27.17% of the stock is owned by hedge funds and other institutional investors.

About eXp World

(Get Free Report)

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.