eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells $288,000.00 in Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 25,000 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $11.52, for a total transaction of $288,000.00. Following the completion of the sale, the chief executive officer now directly owns 40,147,450 shares of the company’s stock, valued at approximately $462,498,624. This represents a 0.06 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Thursday, December 26th, Glenn Darrel Sanford sold 36,630 shares of eXp World stock. The shares were sold at an average price of $11.97, for a total value of $438,461.10.
• On Tuesday, December 17th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were 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 stock was 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 shares were 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 shares were 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 transaction 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 shares were 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 value of $512,800.00.

eXp World Price Performance

eXp World stock opened at $11.22 on Thursday. eXp World Holdings, Inc. has a fifty-two week low of $8.91 and a fifty-two week high of $15.39. The firm has a market capitalization of $1.72 billion, a price-to-earnings ratio of -51.00 and a beta of 2.30. The company’s 50 day simple moving average is $12.98 and its 200 day simple moving average is $12.86.

eXp World Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, November 18th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.78%. The ex-dividend date was Monday, November 18th. eXp World’s dividend payout ratio (DPR) is -90.91%.

Institutional Trading of eXp World

Several hedge funds have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp raised its position in shares of eXp World by 5.4% during the second quarter. Bank of New York Mellon Corp now owns 710,428 shares of the technology company’s stock worth $8,017,000 after purchasing an additional 36,569 shares during the period. Commonwealth Equity Services LLC lifted its stake in eXp World by 8.0% in the second quarter. Commonwealth Equity Services LLC now owns 23,896 shares of the technology company’s stock valued at $270,000 after buying an additional 1,768 shares in the last quarter. Rhumbline Advisers lifted its stake in eXp World by 4.7% in the second quarter. Rhumbline Advisers now owns 223,543 shares of the technology company’s stock valued at $2,523,000 after buying an additional 9,979 shares in the last quarter. Quest Partners LLC boosted its holdings in shares of eXp World by 68.7% in the second quarter. Quest Partners LLC now owns 46,828 shares of the technology company’s stock valued at $528,000 after buying an additional 19,073 shares during the period. Finally, Headlands Technologies LLC bought a new stake in shares of eXp World during the second quarter worth $145,000. 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.