eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford Sells 50,000 Shares

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $12.60, for a total transaction of $630,000.00. Following the transaction, the chief executive officer now directly owns 40,209,080 shares in the company, valued at approximately $506,634,408. This trade represents a 0.12 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

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

• 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 stock was 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 value of $720,500.00.
• On Monday, November 18th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were sold at an average price of $12.72, for a total value 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 transaction 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 shares were sold at an average price of $12.88, for a total transaction of $515,200.00.
• On Tuesday, October 22nd, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The shares were 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 value of $531,200.00.
• On Tuesday, October 8th, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The shares were sold at an average price of $13.41, for a total value of $536,400.00.

eXp World Stock Down 7.6 %

NASDAQ EXPI opened at $11.63 on Thursday. The firm has a market cap of $1.79 billion, a PE ratio of -52.86 and a beta of 2.26. eXp World Holdings, Inc. has a 52 week low of $8.91 and a 52 week high of $16.48. The company has a 50 day moving average price of $13.35 and a 200 day moving average price of $12.77.

eXp World Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, November 18th were issued a dividend of $0.05 per share. The ex-dividend date was Monday, November 18th. This represents a $0.20 annualized dividend and a dividend yield of 1.72%. eXp World’s dividend payout ratio is presently -90.91%.

Institutional Trading of eXp World

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

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.