Glenn Darrel Sanford Sells 40,000 Shares of eXp World Holdings, Inc. (NASDAQ:EXPI) Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 40,000 shares of the business’s stock in a transaction on Tuesday, October 22nd. The stock was sold at an average price of $12.82, for a total value of $512,800.00. Following the transaction, the chief executive officer now directly owns 40,629,780 shares of the company’s stock, valued at $520,873,779.60. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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

• 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 transaction 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 transaction 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 shares were sold at an average price of $15.00, for a total transaction of $18,765.00.
• On Tuesday, September 17th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $14.49, for a total transaction of $724,500.00.
• On Tuesday, September 10th, Glenn Darrel Sanford sold 59,935 shares of eXp World stock. The shares were sold at an average price of $12.41, for a total value of $743,793.35.
• On Tuesday, September 3rd, Glenn Darrel Sanford sold 26,630 shares of eXp World stock. The stock was sold at an average price of $11.82, for a total value of $314,766.60.
• On Tuesday, August 27th, Glenn Darrel Sanford sold 44,616 shares of eXp World stock. The shares were sold at an average price of $12.98, for a total value of $579,115.68.
• On Tuesday, August 20th, Glenn Darrel Sanford sold 47,984 shares of eXp World stock. The shares were sold at an average price of $12.32, for a total value of $591,162.88.

eXp World Trading Up 0.1 %

Shares of EXPI stock opened at $12.79 on Friday. The stock has a 50-day moving average of $13.12 and a 200-day moving average of $12.11. The stock has a market cap of $1.98 billion, a price-to-earnings ratio of -75.24 and a beta of 2.30. eXp World Holdings, Inc. has a 1-year low of $8.91 and a 1-year high of $17.11.

eXp World (NASDAQ:EXPI) last released its earnings results on Wednesday, July 31st. The technology company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The firm had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.30 billion. eXp World had a negative net margin of 0.52% and a negative return on equity of 0.56%. The business’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.06 EPS. Sell-side analysts forecast that eXp World Holdings, Inc. will post 0.09 earnings per share for the current year.

Hedge Funds Weigh In On eXp World

A number of hedge funds have recently bought and sold shares of EXPI. Point72 DIFC Ltd bought a new stake in eXp World during the second quarter valued at $26,000. Meeder Asset Management Inc. acquired a new position in shares of eXp World in the 2nd quarter valued at about $29,000. Allspring Global Investments Holdings LLC bought a new stake in shares of eXp World during the 3rd quarter valued at about $30,000. nVerses Capital LLC grew its stake in eXp World by 102.2% during the second quarter. nVerses Capital LLC now owns 9,100 shares of the technology company’s stock worth $103,000 after purchasing an additional 4,600 shares during the period. Finally, Precision Wealth Strategies LLC bought a new stake in eXp World in the first quarter worth approximately $113,000. Institutional investors own 27.17% of the company’s stock.

Analyst Upgrades and Downgrades

EXPI has been the topic of a number of research reports. BTIG Research raised shares of eXp World from a “sell” rating to a “neutral” rating in a report on Tuesday, July 23rd. DA Davidson boosted their price objective on shares of eXp World from $11.75 to $13.50 and gave the stock a “neutral” rating in a research note on Thursday, August 1st.

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.