eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells $438,461.10 in Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 36,630 shares of eXp World stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $11.97, for a total value of $438,461.10. Following the transaction, the chief executive officer now owns 40,172,450 shares of the company’s stock, valued at $480,864,226.50. This represents a 0.09 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

• On Tuesday, December 17th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $12.60, for a total transaction of $630,000.00.
• On Tuesday, December 10th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $13.00, for a total value of $650,000.00.
• On Tuesday, December 3rd, Glenn Darrel Sanford sold 49,881 shares of eXp World stock. The stock was 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 stock was 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 stock was sold at an average price of $12.72, for a total transaction 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 shares were 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 stock was 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 transaction of $531,200.00.

eXp World Stock Performance

NASDAQ:EXPI opened at $11.80 on Monday. eXp World Holdings, Inc. has a one year low of $8.91 and a one year high of $16.48. The business’s 50-day simple moving average is $13.20 and its 200 day simple moving average is $12.83. The stock has a market cap of $1.81 billion, a price-to-earnings ratio of -53.64 and a beta of 2.26.

eXp World Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, November 18th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date was Monday, November 18th. eXp World’s payout ratio is currently -90.91%.

Institutional Trading of eXp World

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC bought a new stake in shares of eXp World in the 3rd quarter worth about $30,000. Point72 DIFC Ltd bought a new stake in eXp World in the second quarter valued at about $26,000. Point72 Hong Kong Ltd acquired a new stake in eXp World during the third quarter valued at approximately $34,000. Meeder Asset Management Inc. bought a new position in eXp World during the 2nd quarter worth approximately $29,000. Finally, nVerses Capital LLC grew its position in shares of eXp World by 102.2% in the 2nd quarter. nVerses Capital LLC now owns 9,100 shares of the technology company’s stock worth $103,000 after acquiring an additional 4,600 shares in the last quarter. Institutional investors own 27.17% of the company’s stock.

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.