eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells $268,500.00 in Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 25,000 shares of eXp World stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $10.74, for a total transaction of $268,500.00. Following the completion of the transaction, the chief executive officer now owns 40,122,450 shares of the company’s stock, valued at $430,915,113. This represents a 0.06 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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

• 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 shares were 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 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 shares were 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 shares were sold at an average price of $13.87, for a total value 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 transaction 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 stock was sold at an average price of $14.48, for a total value 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.
• On Tuesday, October 29th, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The stock was sold at an average price of $12.88, for a total transaction of $515,200.00.

eXp World Price Performance

NASDAQ EXPI traded down $0.21 during trading hours on Tuesday, reaching $10.69. 257,830 shares of the stock traded hands, compared to its average volume of 889,638. The stock has a 50 day simple moving average of $12.83 and a two-hundred day simple moving average of $12.88. The company has a market cap of $1.64 billion, a price-to-earnings ratio of -48.59 and a beta of 2.30. eXp World Holdings, Inc. has a 1 year low of $8.91 and a 1 year high of $15.39.

eXp World Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, November 18th were given a $0.05 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.20 annualized dividend and a yield of 1.87%. eXp World’s payout ratio is presently -90.91%.

Hedge Funds Weigh In On eXp World

A number of institutional investors have recently modified their holdings of EXPI. Commonwealth Equity Services LLC boosted its stake in eXp World by 8.0% during the second quarter. Commonwealth Equity Services LLC now owns 23,896 shares of the technology company’s stock worth $270,000 after buying an additional 1,768 shares during the period. Rhumbline Advisers increased its stake in shares of eXp World by 4.7% during the second quarter. Rhumbline Advisers now owns 223,543 shares of the technology company’s stock valued at $2,523,000 after acquiring an additional 9,979 shares during the period. Meeder Asset Management Inc. purchased a new position in shares of eXp World during the 2nd quarter valued at $29,000. Dimensional Fund Advisors LP raised its holdings in eXp World by 29.7% in 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 in the last quarter. Finally, Citizens Financial Group Inc. RI bought a new stake in shares of eXp World during the second quarter worth $873,000. 27.17% of the stock is owned by hedge funds and other 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.