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 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 owns 39,828,400 shares in the company, valued at approximately $388,725,184. This represents a 0.06 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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 stock was 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 stock was 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 opened at $9.76 on Tuesday. The stock has a market cap of $1.48 billion, a PE ratio of -69.71 and a beta of 2.33. eXp World Holdings, Inc. has a 52 week low of $8.91 and a 52 week high of $15.39. The business’s fifty day simple moving average is $10.72 and its 200 day simple moving average is $12.28.

eXp World (NASDAQ:EXPI) last announced its quarterly earnings data on Thursday, February 20th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.03 billion. As a group, equities analysts anticipate that eXp World Holdings, Inc. will post 0.48 earnings per share for the current year.

eXp World Dividend Announcement

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

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake 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 valued at $140,834,000 after buying an additional 208,920 shares during the last quarter. Pacer Advisors Inc. bought a new position in shares of eXp World during the fourth quarter valued at about $60,767,000. State Street Corp grew its stake in shares of eXp World by 4.1% in the third quarter. State Street Corp now owns 2,982,216 shares of the technology company’s stock worth $42,019,000 after purchasing an additional 117,418 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of eXp World by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 2,219,658 shares of the technology company’s stock worth $25,553,000 after purchasing an additional 8,486 shares during the last quarter. Finally, Renaissance Technologies LLC grew its stake in shares of 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 last quarter. 27.17% of the stock is owned by institutional investors.

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.