Insider Selling: eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells 20,000 Shares of Stock

eXp World Holdings, Inc. (NASDAQ:EXPIGet Free Report) CEO Glenn Darrel Sanford sold 20,000 shares of the business’s stock in a transaction dated Monday, April 7th. The stock was sold at an average price of $9.22, for a total transaction of $184,400.00. Following the transaction, the chief executive officer now owns 39,763,400 shares in the company, valued at approximately $366,618,548. This trade represents a 0.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

  • On Tuesday, April 1st, Glenn Darrel Sanford sold 20,000 shares of eXp World stock. The stock was sold at an average price of $9.80, for a total transaction of $196,000.00.
  • On Monday, March 24th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $10.37, for a total value of $259,250.00.
  • 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 transaction 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 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 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.

eXp World Trading Down 2.5 %

Shares of EXPI stock traded down $0.23 during midday trading on Tuesday, reaching $9.00. 1,365,841 shares of the stock were exchanged, compared to its average volume of 1,034,959. The company’s 50 day moving average is $10.33 and its two-hundred day moving average is $11.96. eXp World Holdings, Inc. has a 1 year low of $8.64 and a 1 year high of $15.39. The firm has a market cap of $1.37 billion, a PE ratio of -64.28 and a beta of 2.44.

eXp World (NASDAQ:EXPIGet Free Report) last issued its 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 negative net margin of 0.47% and a positive return on equity of 5.75%. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.03 billion. As a group, equities analysts expect that eXp World Holdings, Inc. will post 0.48 EPS for the current fiscal year.

eXp World Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Tuesday, March 4th were paid a $0.05 dividend. The ex-dividend date was Tuesday, March 4th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.22%. eXp World’s dividend payout ratio (DPR) is currently -142.86%.

Institutional Trading of eXp World

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its stake in shares of eXp World by 17.0% in the third quarter. JPMorgan Chase & Co. now owns 520,419 shares of the technology company’s stock worth $7,333,000 after acquiring an additional 75,431 shares during the period. State Street Corp boosted its holdings in shares of eXp World by 4.1% in the 3rd quarter. State Street Corp now owns 2,982,216 shares of the technology company’s stock worth $42,019,000 after purchasing an additional 117,418 shares during the period. Principal Financial Group Inc. boosted its stake in shares of eXp World by 2.9% during the fourth quarter. Principal Financial Group Inc. now owns 411,874 shares of the technology company’s stock valued at $4,741,000 after purchasing an additional 11,588 shares during the period. Pacer Advisors Inc. bought a new stake in eXp World during the 4th quarter valued at about $60,767,000. Finally, Geode Capital Management LLC grew its position in shares of eXp World by 5.6% during the 3rd quarter. Geode Capital Management LLC now owns 2,211,172 shares of the technology company’s stock worth $31,161,000 after buying an additional 118,210 shares in the last quarter. 27.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Get Our Latest Research Report on EXPI

eXp World Company Profile

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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.

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Insider Buying and Selling by Quarter for eXp World (NASDAQ:EXPI)

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