Glenn Darrel Sanford Sells 25,000 Shares of eXp World Holdings, Inc. (NASDAQ:EXPI) Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 25,000 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $10.21, for a total value of $255,250.00. Following the transaction, the chief executive officer now directly owns 39,903,400 shares of the company’s stock, valued at $407,413,714. The trade was a 0.06 % decrease in their position. The sale 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 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 stock was 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 stock was sold at an average price of $13.00, for a total value of $650,000.00.

eXp World Price Performance

NASDAQ:EXPI opened at $10.50 on Wednesday. The business has a 50 day moving average of $11.25 and a 200 day moving average of $12.53. The company has a market capitalization of $1.62 billion, a price-to-earnings ratio of -74.96 and a beta of 2.29. eXp World Holdings, Inc. has a 1-year low of $8.91 and a 1-year high of $15.39.

eXp World (NASDAQ:EXPI) last announced its quarterly earnings data on Thursday, February 20th. The technology company reported ($0.03) earnings per share for the quarter, beating 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 firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.03 billion. As a group, sell-side analysts anticipate that eXp World Holdings, Inc. will post 0.48 EPS for the current year.

eXp World Announces Dividend

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

Institutional Trading of eXp World

Hedge funds and other institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. lifted its position in eXp World by 17.0% in the third quarter. JPMorgan Chase & Co. now owns 520,419 shares of the technology company’s stock valued at $7,333,000 after purchasing an additional 75,431 shares during the last quarter. CWA Asset Management Group LLC bought a new stake in eXp World in the third quarter valued at approximately $519,000. Harbor Capital Advisors Inc. lifted its position in eXp World by 91.9% in the third quarter. Harbor Capital Advisors Inc. now owns 116,517 shares of the technology company’s stock valued at $1,642,000 after purchasing an additional 55,814 shares during the last quarter. State Street Corp increased its stake in shares of eXp World by 4.1% during the third quarter. State Street Corp now owns 2,982,216 shares of the technology company’s stock valued at $42,019,000 after buying an additional 117,418 shares during the period. Finally, Algert Global LLC increased its stake in shares of eXp World by 147.6% during the third quarter. Algert Global LLC now owns 296,085 shares of the technology company’s stock valued at $4,172,000 after buying an additional 176,509 shares during the period. Institutional investors own 27.17% of the company’s stock.

Analyst Ratings Changes

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

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.