eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford Sells 40,000 Shares

Posted by Shane Hupp on Oct 9th, 2024

eXp World Holdings, Inc. (NASDAQ:EXPI – Get Free Report) CEO Glenn Darrel Sanford sold 40,000 shares of the firm’s stock in a transaction on Tuesday, October 8th. The shares were sold at an average price of $13.41, for a total transaction of $536,400.00. Following the transaction, the chief executive officer now owns 40,709,780 shares in the company, valued at $545,918,149.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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

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 transaction of $557,200.00.
On Tuesday, September 24th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was 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 shares were 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 value 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.
On Tuesday, August 27th, Glenn Darrel Sanford sold 44,616 shares of eXp World stock. The shares were sold at an average price of $12.98, for a total transaction of $579,115.68.
On Tuesday, August 20th, Glenn Darrel Sanford sold 47,984 shares of eXp World stock. The stock was sold at an average price of $12.32, for a total transaction of $591,162.88.
On Tuesday, August 13th, Glenn Darrel Sanford sold 46,047 shares of eXp World stock. The shares were sold at an average price of $12.05, for a total value of $554,866.35.
On Tuesday, August 6th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $12.33, for a total value of $616,500.00.

eXp World Stock Performance

NASDAQ EXPI opened at $13.43 on Wednesday. eXp World Holdings, Inc. has a twelve month low of $8.91 and a twelve month high of $17.11. The stock has a market cap of $2.08 billion, a PE ratio of -79.00 and a beta of 2.30. The firm has a 50-day simple moving average of $12.98 and a 200 day simple moving average of $11.87.

eXp World (NASDAQ:EXPI – Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The technology company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). eXp World had a negative return on equity of 0.56% and a negative net margin of 0.52%. The firm had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter in the prior year, the business posted $0.06 EPS. eXp World’s revenue was up 5.2% compared to the same quarter last year. Research analysts forecast that eXp World Holdings, Inc. will post 0.09 earnings per share for the current fiscal year.

eXp World Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Wednesday, August 14th were paid a dividend of $0.05 per share. The ex-dividend date was Wednesday, August 14th. This represents a $0.20 dividend on an annualized basis and a yield of 1.49%. eXp World’s dividend payout ratio is currently -117.65%.

Wall Street Analyst Weigh In

Several brokerages have commented on EXPI. DA Davidson lifted their price target on eXp World from $11.75 to $13.50 and gave the stock a “neutral” rating in a research report on Thursday, August 1st. BTIG Research raised shares of eXp World from a “sell” rating to a “neutral” rating in a research report on Tuesday, July 23rd.

Get Our Latest Analysis on EXPI

Institutional Investors Weigh In On eXp World

Several institutional investors and hedge funds have recently bought and sold shares of the business. Scarborough Advisors LLC acquired a new stake in shares of eXp World during the 4th quarter valued at about $31,000. Pineridge Advisors LLC bought a new position in eXp World during the fourth quarter worth about $33,000. Point72 DIFC Ltd acquired a new stake in eXp World during the second quarter valued at approximately $26,000. Meeder Asset Management Inc. bought a new stake in shares of eXp World in the 2nd quarter valued at approximately $29,000. Finally, PNC Financial Services Group Inc. grew its stake in shares of eXp World by 29.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,481 shares of the technology company’s stock valued at $116,000 after purchasing an additional 1,681 shares during the period. Institutional investors own 27.17% of the company’s stock.

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.