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

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 25,000 shares of the business’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $10.21, for a total value of $255,250.00. Following the completion of the sale, the chief executive officer now owns 39,903,400 shares in the company, valued at $407,413,714. This 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 this link.

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

• 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 transaction 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 transaction 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 value of $273,500.00.
• On Tuesday, January 28th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $11.59, for a total transaction of $289,750.00.
• On Tuesday, January 21st, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $11.44, for a total transaction of $286,000.00.
• 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 stock was 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 shares were sold at an average price of $11.97, for a total value 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.

eXp World Price Performance

Shares of eXp World stock traded down $0.06 on Monday, reaching $10.20. The company had a trading volume of 1,689,558 shares, compared to its average volume of 924,159. The firm’s 50-day moving average price is $11.34 and its two-hundred day moving average price is $12.55. eXp World Holdings, Inc. has a 1 year low of $8.91 and a 1 year high of $15.39. The firm has a market cap of $1.57 billion, a price-to-earnings ratio of -72.85 and a beta of 2.29.

eXp World (NASDAQ:EXPI) last released its quarterly earnings data on Thursday, February 20th. The technology company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.03. The company had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.03 billion. eXp World had a negative net margin of 0.47% and a positive return on equity of 5.75%. As a group, analysts anticipate that eXp World Holdings, Inc. will post 0.48 EPS for the current year.

eXp World Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Tuesday, March 4th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.96%. eXp World’s dividend payout ratio is currently -142.86%.

Analyst Ratings Changes

Separately, DA Davidson reaffirmed a “neutral” rating and issued a $13.50 target price on shares of eXp World in a research report on Friday.

Hedge Funds Weigh In On eXp World

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of eXp World by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 12,235,835 shares of the technology company’s stock worth $140,834,000 after purchasing an additional 208,920 shares during the last quarter. Pacer Advisors Inc. acquired a new stake in eXp World during the 4th quarter worth about $60,767,000. State Street Corp raised its stake in shares of eXp World by 4.1% during the 3rd quarter. State Street Corp now owns 2,982,216 shares of the technology company’s stock valued at $42,019,000 after buying an additional 117,418 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of eXp World by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 2,219,658 shares of the technology company’s stock valued at $25,553,000 after buying an additional 8,486 shares during the period. Finally, Renaissance Technologies LLC boosted its stake in shares of eXp World by 2.0% in the fourth quarter. Renaissance Technologies LLC now owns 2,024,116 shares of the technology company’s stock worth $23,298,000 after buying an additional 40,400 shares during the last quarter. Hedge funds and other institutional investors 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.