eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford Sells 50,000 Shares

Posted by Joseph Griffin on Nov 26th, 2024

eXp World Holdings, Inc. (NASDAQ:EXPI – Get Free Report) CEO Glenn Darrel Sanford sold 50,000 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $14.41, for a total value of $720,500.00. Following the transaction, the chief executive officer now owns 40,389,080 shares of the company’s stock, valued at $582,006,642.80. This trade represents a 0.12 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

On Monday, November 18th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were sold at an average price of $12.72, for a total value of $636,000.00.
On Tuesday, November 12th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was 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 transaction of $705,500.00.
On Tuesday, October 29th, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The stock was 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 value of $512,800.00.
On Tuesday, October 15th, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The shares were sold at an average price of $13.28, for a total value of $531,200.00.
On Tuesday, October 8th, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The stock was sold at an average price of $13.41, for a total value of $536,400.00.
On Tuesday, October 1st, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The shares were 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 stock was sold at an average price of $14.23, for a total transaction 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 transaction of $18,765.00.

eXp World Trading Up 2.4 %

Shares of NASDAQ:EXPI opened at $14.39 on Tuesday. eXp World Holdings, Inc. has a 1-year low of $8.91 and a 1-year high of $17.11. The stock has a market capitalization of $2.21 billion, a P/E ratio of -65.41 and a beta of 2.31. The business has a 50-day moving average price of $13.58 and a two-hundred day moving average price of $12.61.

eXp World Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Monday, November 18th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.39%. The ex-dividend date of this dividend is Monday, November 18th. eXp World’s dividend payout ratio (DPR) is -90.91%.

Wall Street Analyst Weigh In

Separately, DA Davidson raised their price target on shares of eXp World from $11.75 to $13.50 and gave the company a “neutral” rating in a report on Thursday, August 1st.

Read Our Latest Research Report on eXp World

Hedge Funds Weigh In On eXp World

A number of hedge funds and other institutional investors have recently bought and sold shares of EXPI. Sei Investments Co. raised its position in shares of eXp World by 13.3% during the 1st quarter. Sei Investments Co. now owns 98,877 shares of the technology company’s stock valued at $1,022,000 after acquiring an additional 11,612 shares during the last quarter. State Board of Administration of Florida Retirement System increased its holdings in eXp World by 25.8% in the first quarter. State Board of Administration of Florida Retirement System now owns 25,613 shares of the technology company’s stock valued at $265,000 after purchasing an additional 5,260 shares during the last quarter. Vanguard Group Inc. lifted its stake in eXp World by 0.9% in the first quarter. Vanguard Group Inc. now owns 12,109,705 shares of the technology company’s stock valued at $125,093,000 after buying an additional 107,303 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in eXp World by 4.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 64,126 shares of the technology company’s stock worth $663,000 after buying an additional 2,845 shares during the last quarter. Finally, Bayesian Capital Management LP acquired a new position in shares of eXp World during the 1st quarter worth about $138,000. 27.17% of the stock is owned by institutional investors.

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.