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 company’s stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $10.37, for a total transaction of $259,250.00. Following the completion of the sale, the chief executive officer now directly owns 39,803,400 shares of the company’s stock, valued at $412,761,258. The trade was a 0.06 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• On Monday, March 17th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $9.76, for a total value of $244,000.00.
• On Monday, March 10th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $9.76, for a total value of $244,000.00.
• On Monday, March 3rd, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $10.04, for a total value of $251,000.00.
• On Monday, February 24th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $10.21, for a total transaction of $255,250.00.
• On Tuesday, February 18th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $11.02, for a total transaction of $275,500.00.
• On Monday, February 10th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were 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 shares were sold at an average price of $10.94, for a total transaction 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 transaction of $289,750.00.
• On Tuesday, January 21st, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $11.44, for a total transaction of $286,000.00.
• On Monday, January 13th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $10.74, for a total value of $268,500.00.

eXp World Trading Up 3.9 %

Shares of EXPI stock traded up $0.39 during trading hours on Monday, hitting $10.35. The company’s stock had a trading volume of 1,157,063 shares, compared to its average volume of 989,028. The stock has a market cap of $1.57 billion, a PE ratio of -73.92 and a beta of 2.33. eXp World Holdings, Inc. has a 12-month low of $9.20 and a 12-month high of $15.39. The company has a 50 day moving average of $10.62 and a 200 day moving average of $12.23.

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, beating analysts’ consensus estimates of ($0.06) by $0.03. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.03 billion. eXp World had a positive return on equity of 5.75% and a negative net margin of 0.47%. As a group, analysts anticipate 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 announced a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Tuesday, March 4th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date was Tuesday, March 4th. eXp World’s dividend payout ratio (DPR) is presently -142.86%.

Hedge Funds Weigh In On eXp World

A number of hedge funds have recently bought and sold shares of EXPI. SBI Securities Co. Ltd. acquired a new position in shares of eXp World during the 4th quarter worth approximately $32,000. Point72 Hong Kong Ltd acquired a new position in eXp World during the third quarter worth $34,000. Graney & King LLC purchased a new position in eXp World during the fourth quarter valued at $58,000. Sims Investment Management LLC acquired a new stake in shares of eXp World in the fourth quarter valued at about $121,000. Finally, CIBC Asset Management Inc purchased a new stake in shares of eXp World during the fourth quarter worth about $122,000. Hedge funds and other institutional investors own 27.17% of the company’s stock.

Wall Street Analysts Forecast Growth

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

About eXp World

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.