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 on Monday, February 24th. The stock was sold at an average price of $10.21, for a total value of $255,250.00. Following the completion of the transaction, the chief executive officer now directly owns 39,903,400 shares in the company, valued at approximately $407,413,714. This represents a 0.06 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• On Tuesday, February 18th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $11.02, for a total value of $275,500.00.
• On Monday, February 10th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $10.96, for a total value of $274,000.00.
• On Monday, February 3rd, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $10.94, for a total value of $273,500.00.
• On Tuesday, January 28th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $11.59, for a total value of $289,750.00.
• On Tuesday, January 21st, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $11.44, for a total value of $286,000.00.
• 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 value of $268,500.00.
• On Monday, January 6th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was 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 value of $650,000.00.

eXp World Trading Down 0.4 %

NASDAQ EXPI opened at $10.46 on Thursday. The stock has a 50-day simple moving average of $11.23 and a 200 day simple moving average of $12.52. The company has a market capitalization of $1.61 billion, a PE ratio of -74.71 and a beta of 2.29. eXp World Holdings, Inc. has a 12 month low of $8.91 and a 12 month high of $15.39.

eXp World (NASDAQ:EXPI) last announced its quarterly earnings results on Thursday, February 20th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.03. eXp World had a positive return on equity of 5.75% and a negative net margin of 0.47%. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.03 billion. As a group, sell-side analysts predict that eXp World Holdings, Inc. will post 0.48 earnings per share for the current fiscal year.

eXp World Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Tuesday, March 4th will be issued a $0.05 dividend. The ex-dividend date is Tuesday, March 4th. This represents a $0.20 annualized dividend and a dividend yield of 1.91%. eXp World’s dividend payout ratio (DPR) is currently -142.86%.

Analyst Upgrades and Downgrades

Separately, DA Davidson reiterated a “neutral” rating and issued a $13.50 price objective on shares of eXp World in a report on Friday, February 21st.

Institutional Investors Weigh In On eXp World

Several large investors have recently modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of eXp World by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 12,235,835 shares of the technology company’s stock worth $140,834,000 after acquiring an additional 208,920 shares in the last quarter. Pacer Advisors Inc. bought a new stake in shares of eXp World in the fourth quarter worth about $60,767,000. State Street Corp increased its holdings in shares of eXp World by 4.1% in the third quarter. State Street Corp now owns 2,982,216 shares of the technology company’s stock worth $42,019,000 after acquiring an additional 117,418 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of eXp World by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 2,219,658 shares of the technology company’s stock worth $25,553,000 after acquiring an additional 8,486 shares in the last quarter. Finally, Renaissance Technologies LLC increased its holdings in shares of eXp World by 2.0% in the fourth quarter. Renaissance Technologies LLC now owns 2,024,116 shares of the technology company’s stock worth $23,298,000 after acquiring an additional 40,400 shares in the last quarter. 27.17% of the stock is currently owned by institutional investors.

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.