eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells $438,461.10 in Stock

Posted by Tyrone Williams on Dec 27th, 2024

eXp World Holdings, Inc. (NASDAQ:EXPI – Get Free Report) CEO Glenn Darrel Sanford sold 36,630 shares of the firm’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $11.97, for a total value of $438,461.10. Following the sale, the chief executive officer now directly owns 40,172,450 shares in the company, valued at approximately $480,864,226.50. This represents a 0.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

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.
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 transaction 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 shares were 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 shares were 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 value 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 value of $515,200.00.
On Tuesday, October 22nd, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The stock was 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 transaction of $531,200.00.

eXp World Stock Performance

Shares of NASDAQ:EXPI traded down $0.16 on Friday, reaching $11.80. The company’s stock had a trading volume of 874,686 shares, compared to its average volume of 1,027,384. The company has a 50-day simple moving average of $13.22 and a 200 day simple moving average of $12.80. eXp World Holdings, Inc. has a 52-week low of $8.91 and a 52-week high of $16.48. The company has a market cap of $1.81 billion, a P/E ratio of -53.64 and a beta of 2.26.

eXp World Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, November 18th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.20 annualized dividend and a yield of 1.69%. eXp World’s payout ratio is currently -90.91%.

Institutional Investors Weigh In On eXp World

Several institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. raised 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 valued at $7,333,000 after acquiring an additional 75,431 shares during the period. Principal Financial Group Inc. grew its holdings in eXp World by 3.9% during the 3rd quarter. Principal Financial Group Inc. now owns 400,286 shares of the technology company’s stock valued at $5,640,000 after purchasing an additional 15,024 shares during the last quarter. Geode Capital Management LLC lifted its stake in eXp World by 5.6% in the third quarter. Geode Capital Management LLC now owns 2,211,172 shares of the technology company’s stock worth $31,161,000 after purchasing an additional 118,210 shares during the last quarter. Valued Retirements Inc. purchased a new position in shares of eXp World during the third quarter valued at approximately $955,000. Finally, Barclays PLC grew its stake in shares of eXp World by 27.8% during the third quarter. Barclays PLC now owns 144,758 shares of the technology company’s stock valued at $2,040,000 after buying an additional 31,509 shares during the last quarter. 27.17% of the stock is owned by institutional investors.

eXp World Company Profile

(Get Free Report)

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.