Insider Selling: eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells 20,000 Shares of Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 20,000 shares of the company’s stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $9.80, for a total transaction of $196,000.00. Following the transaction, the chief executive officer now owns 39,783,400 shares in the company, valued at $389,877,320. This represents a 0.05 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

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

• On Monday, March 24th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $10.37, for a total value of $259,250.00.
• 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 value 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 value 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 transaction 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 transaction 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 transaction of $275,500.00.
• On Monday, February 10th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $10.96, for a total transaction 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 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 stock was sold at an average price of $11.44, for a total value of $286,000.00.

eXp World Stock Up 0.3 %

EXPI stock traded up $0.03 during trading on Tuesday, reaching $9.81. The stock had a trading volume of 1,058,144 shares, compared to its average volume of 1,026,278. eXp World Holdings, Inc. has a one year low of $9.20 and a one year high of $15.39. The company’s 50 day moving average is $10.50 and its two-hundred day moving average is $12.13. The company has a market capitalization of $1.49 billion, a price-to-earnings ratio of -70.07 and a beta of 2.33.

eXp World (NASDAQ:EXPI) last issued its quarterly earnings results on Thursday, February 20th. The technology company reported ($0.03) 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 company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.03 billion. As a group, research analysts predict that eXp World Holdings, Inc. will post 0.48 earnings per share for the current fiscal year.

eXp World Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Tuesday, March 4th were issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date was Tuesday, March 4th. eXp World’s dividend payout ratio (DPR) is currently -142.86%.

Hedge Funds Weigh In On eXp World

Several institutional investors have recently added to or reduced their stakes in EXPI. Vanguard Group Inc. raised its position in eXp World by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 12,235,835 shares of the technology company’s stock worth $140,834,000 after acquiring an additional 208,920 shares during the period. Pacer Advisors Inc. purchased a new stake in shares of eXp World during the 4th quarter worth approximately $60,767,000. State Street Corp raised its holdings in shares of eXp World by 4.1% in the 3rd 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 period. Geode Capital Management LLC lifted its stake in 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 valued at $25,553,000 after purchasing an additional 8,486 shares during the last quarter. Finally, Renaissance Technologies LLC grew its holdings in eXp World by 2.0% during the fourth quarter. Renaissance Technologies LLC now owns 2,024,116 shares of the technology company’s stock valued at $23,298,000 after purchasing an additional 40,400 shares during the period. Institutional investors own 27.17% of the company’s stock.

Wall Street Analyst Weigh In

Separately, DA Davidson reaffirmed a “neutral” rating and set a $13.50 price objective on shares of eXp World in a report on Friday, February 21st.

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.