eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford Sells 25,000 Shares

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 25,000 shares of eXp World stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $11.44, for a total value of $286,000.00. Following the transaction, the chief executive officer now owns 40,097,450 shares in the company, valued at approximately $458,714,828. This trade represents a 0.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• 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.
• On Monday, January 6th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $11.52, for a total transaction of $288,000.00.
• On Thursday, December 26th, Glenn Darrel Sanford sold 36,630 shares of eXp World stock. The stock was sold at an average price of $11.97, for a total transaction of $438,461.10.
• On Tuesday, December 17th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were 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 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 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 stock was 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 shares were sold at an average price of $14.11, for a total value of $705,500.00.

eXp World Price Performance

eXp World stock traded up $0.13 during mid-day trading on Tuesday, hitting $11.36. The company’s stock had a trading volume of 1,054,178 shares, compared to its average volume of 1,030,631. eXp World Holdings, Inc. has a 52-week low of $8.91 and a 52-week high of $15.39. The firm’s 50 day moving average is $12.50 and its 200 day moving average is $12.89. The company has a market cap of $1.74 billion, a PE ratio of -51.64 and a beta of 2.30.

eXp World Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Monday, November 18th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.76%. The ex-dividend date was Monday, November 18th. eXp World’s dividend payout ratio is currently -90.91%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC grew its holdings in shares of eXp World by 8.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 23,896 shares of the technology company’s stock valued at $270,000 after acquiring an additional 1,768 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in eXp World by 29.7% during the second quarter. Dimensional Fund Advisors LP now owns 240,099 shares of the technology company’s stock valued at $2,709,000 after purchasing an additional 55,031 shares during the last quarter. Sei Investments Co. boosted its position in eXp World by 6.6% during the second quarter. Sei Investments Co. now owns 105,433 shares of the technology company’s stock valued at $1,190,000 after purchasing an additional 6,556 shares during the last quarter. Public Sector Pension Investment Board grew its stake in eXp World by 6.8% in the second quarter. Public Sector Pension Investment Board now owns 170,370 shares of the technology company’s stock valued at $1,923,000 after purchasing an additional 10,789 shares in the last quarter. Finally, Point72 DIFC Ltd acquired a new position in eXp World in the 2nd quarter worth about $26,000. 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.