Insider Selling: eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells 50,000 Shares of Stock

Posted by Tyrone Williams on Nov 8th, 2024

eXp World Holdings, Inc. (NASDAQ:EXPI – Get Free Report) CEO Glenn Darrel Sanford sold 50,000 shares of the company’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $14.11, for a total value of $705,500.00. Following the completion of the sale, the chief executive officer now owns 40,539,780 shares in the company, valued at $572,016,295.80. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

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 stock was sold at an average price of $12.82, for a total transaction 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.
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 transaction of $536,400.00.
On Tuesday, October 1st, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The stock was sold at an average price of $13.93, for a total value of $557,200.00.
On Tuesday, September 24th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were sold at an average price of $14.23, for a total value of $711,500.00.
On Thursday, September 19th, Glenn Darrel Sanford sold 1,251 shares of eXp World stock. The stock was sold at an average price of $15.00, for a total value of $18,765.00.
On Tuesday, September 17th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $14.49, for a total transaction of $724,500.00.
On Tuesday, September 10th, Glenn Darrel Sanford sold 59,935 shares of eXp World stock. The shares were sold at an average price of $12.41, for a total transaction of $743,793.35.
On Tuesday, September 3rd, Glenn Darrel Sanford sold 26,630 shares of eXp World stock. The stock was sold at an average price of $11.82, for a total transaction of $314,766.60.

eXp World Price Performance

Shares of NASDAQ:EXPI opened at $14.77 on Friday. The company has a 50 day moving average of $13.30 and a 200-day moving average of $12.36. eXp World Holdings, Inc. has a one year low of $8.91 and a one year high of $17.11. The stock has a market cap of $2.27 billion, a price-to-earnings ratio of -98.47 and a beta of 2.31.

Analyst Ratings Changes

Several research analysts have issued reports on the company. DA Davidson upped their price objective on eXp World from $11.75 to $13.50 and gave the stock a “neutral” rating in a report on Thursday, August 1st. BTIG Research upgraded eXp World from a “sell” rating to a “neutral” rating in a research report on Tuesday, July 23rd.

View Our Latest Stock Report on EXPI

Institutional Trading of eXp World

Hedge funds have recently modified their holdings of the company. Nordea Investment Management AB grew its stake in eXp World by 49.3% in the first quarter. Nordea Investment Management AB now owns 412,393 shares of the technology company’s stock valued at $4,326,000 after acquiring an additional 136,151 shares during the period. Quantbot Technologies LP increased its stake in eXp World by 551.7% during the 1st quarter. Quantbot Technologies LP now owns 90,409 shares of the technology company’s stock worth $934,000 after purchasing an additional 76,536 shares in the last quarter. Prevail Innovative Wealth Advisors LLC acquired a new stake in eXp World during the 1st quarter worth approximately $469,000. Allspring Global Investments Holdings LLC lifted its stake in eXp World by 552.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 12,042 shares of the technology company’s stock valued at $124,000 after buying an additional 10,195 shares in the last quarter. Finally, Edgestream Partners L.P. bought a new position in eXp World in the first quarter valued at approximately $578,000. 27.17% of the stock is currently owned by institutional investors and hedge funds.

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.