eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford Sells 36,630 Shares of Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 36,630 shares of eXp World stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $11.97, for a total value of $438,461.10. Following the transaction, the chief executive officer now owns 40,172,450 shares in the company, valued at $480,864,226.50. This trade represents a 0.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

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

• On Tuesday, December 17th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was 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 stock was 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 value of $724,000.00.
• On Tuesday, November 5th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $14.11, for a total value 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 value of $515,200.00.
• On Tuesday, October 22nd, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The shares were sold at an average price of $12.82, for a total transaction of $512,800.00.
• On Tuesday, October 15th, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The stock was sold at an average price of $13.28, for a total transaction of $531,200.00.

eXp World Stock Performance

EXPI opened at $11.80 on Friday. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of -53.64 and a beta of 2.26. eXp World Holdings, Inc. has a fifty-two week low of $8.91 and a fifty-two week high of $16.48. The company has a fifty day moving average of $13.20 and a 200 day moving average of $12.81.

eXp World Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, November 18th were issued a $0.05 dividend. The ex-dividend date was Monday, November 18th. This represents a $0.20 annualized dividend and a dividend yield of 1.69%. eXp World’s dividend payout ratio (DPR) is -90.91%.

Institutional Investors Weigh In On eXp World

A number of hedge funds have recently made changes to their positions in EXPI. JPMorgan Chase & Co. increased its stake in eXp World by 17.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 520,419 shares of the technology company’s stock worth $7,333,000 after acquiring an additional 75,431 shares during the last quarter. Principal Financial Group Inc. increased its position in eXp World by 3.9% in the third quarter. Principal Financial Group Inc. now owns 400,286 shares of the technology company’s stock worth $5,640,000 after purchasing an additional 15,024 shares during the last quarter. Geode Capital Management LLC increased its position in eXp World by 5.6% in the third quarter. Geode Capital Management LLC now owns 2,211,172 shares of the technology company’s stock worth $31,161,000 after purchasing an additional 118,210 shares during the last quarter. Valued Retirements Inc. purchased a new stake in eXp World during the third quarter valued at $955,000. Finally, Barclays PLC grew its stake in shares of eXp World by 27.8% in the 3rd quarter. Barclays PLC now owns 144,758 shares of the technology company’s stock worth $2,040,000 after buying an additional 31,509 shares in the last quarter. 27.17% of the stock is currently owned by hedge funds and other 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.