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 stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $10.37, for a total transaction of $259,250.00. Following the completion of the transaction, the chief executive officer now owns 39,803,400 shares in the company, valued at $412,761,258. This represents a 0.06 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Monday, March 17th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $9.76, for a total transaction of $244,000.00.
• 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 transaction of $244,000.00.
• On Monday, March 3rd, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were 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 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 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 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 transaction of $268,500.00.

eXp World Stock Performance

eXp World stock opened at $10.20 on Wednesday. eXp World Holdings, Inc. has a 1 year low of $9.20 and a 1 year high of $15.39. The firm’s 50-day moving average is $10.60 and its 200-day moving average is $12.21. The company has a market cap of $1.55 billion, a P/E ratio of -72.85 and a beta of 2.33.

eXp World (NASDAQ:EXPI) last posted its earnings results on Thursday, February 20th. The technology company reported ($0.03) EPS for the quarter, beating the consensus estimate 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 positive return on equity of 5.75% and a negative net margin of 0.47%. As a group, sell-side analysts predict that eXp World Holdings, Inc. will post 0.48 earnings per share for the current year.

eXp World Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Tuesday, March 4th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.96%. The ex-dividend date of this dividend was Tuesday, March 4th. eXp World’s dividend payout ratio is presently -142.86%.

Analysts Set New Price Targets

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

Institutional Trading of eXp World

Large investors have recently modified their holdings of the company. Vanguard Group Inc. grew its position in eXp World by 1.7% in the 4th 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. bought a new position in eXp World in the 4th quarter worth approximately $60,767,000. State Street Corp increased its position in eXp World by 4.1% in the 3rd quarter. State Street Corp now owns 2,982,216 shares of the technology company’s stock valued at $42,019,000 after acquiring an additional 117,418 shares during the period. Geode Capital Management LLC raised its stake in eXp World by 0.4% during 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 acquiring an additional 8,486 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in 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 purchasing an additional 40,400 shares during the period. Institutional investors and hedge funds own 27.17% of the company’s stock.

eXp World Company Profile

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.