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

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $9.76, for a total value of $244,000.00. Following the sale, the chief executive officer now directly owns 39,828,400 shares of the company’s stock, valued at $388,725,184. This represents a 0.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

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

• On Monday, March 10th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $9.76, for a total value of $244,000.00.
• On Monday, March 3rd, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $10.04, for a total value of $251,000.00.
• On Monday, February 24th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $10.21, for a total value of $255,250.00.
• On Tuesday, February 18th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $11.02, for a total value 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 value of $274,000.00.
• On Monday, February 3rd, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was 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 value 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 value 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 shares were sold at an average price of $11.52, for a total value of $288,000.00.

eXp World Stock Up 0.7 %

EXPI stock opened at $9.76 on Tuesday. The business has a 50 day moving average of $10.72 and a 200-day moving average of $12.28. eXp World Holdings, Inc. has a 12-month low of $8.91 and a 12-month high of $15.39. The firm has a market cap of $1.48 billion, a PE ratio of -69.71 and a beta of 2.33.

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

eXp World Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Tuesday, March 4th will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 2.05%. The ex-dividend date is Tuesday, March 4th. eXp World’s dividend payout ratio (DPR) is -142.86%.

Analysts Set New Price Targets

Separately, DA Davidson reaffirmed a “neutral” rating and issued a $13.50 target price on shares of eXp World in a report on Friday, February 21st.

Hedge Funds Weigh In On eXp World

Several institutional investors and hedge funds have recently bought and sold shares of EXPI. Pacer Advisors Inc. bought a new position in eXp World during the fourth quarter valued at $60,767,000. Baring Financial LLC purchased a new stake in shares of eXp World during the fourth quarter worth $5,222,000. Vanguard Group Inc. lifted its position 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 acquiring an additional 208,920 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of eXp World by 39.7% during the fourth quarter. JPMorgan Chase & Co. now owns 727,096 shares of the technology company’s stock worth $8,369,000 after acquiring an additional 206,677 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of eXp World by 16.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,288,349 shares of the technology company’s stock worth $18,153,000 after acquiring an additional 183,823 shares in the last quarter. 27.17% of the stock is owned by institutional investors.

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.