Glenn Darrel Sanford Sells 20,000 Shares of eXp World Holdings, Inc. (NASDAQ:EXPI) Stock

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

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 transaction 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 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 transaction of $255,250.00.
• On Tuesday, February 18th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were 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 stock was 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 shares were sold at an average price of $11.44, for a total value of $286,000.00.

eXp World Stock Performance

NASDAQ EXPI opened at $9.89 on Thursday. The stock has a 50-day simple moving average of $10.45 and a 200 day simple moving average of $12.09. eXp World Holdings, Inc. has a twelve month low of $9.20 and a twelve month high of $15.39. The stock has a market capitalization of $1.50 billion, a PE ratio of -70.64 and a beta of 2.44.

eXp World (NASDAQ:EXPI) last posted its quarterly earnings data on Thursday, February 20th. The technology company reported ($0.03) earnings per share for the quarter, beating the consensus estimate 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 analysts’ expectations of $1.03 billion. As a group, equities research analysts forecast that eXp World Holdings, Inc. will post 0.48 EPS for the current fiscal year.

eXp World Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Tuesday, March 4th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date of this dividend was Tuesday, March 4th. eXp World’s dividend payout ratio is currently -142.86%.

Analysts Set New Price Targets

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.

Institutional Investors Weigh In On eXp World

Institutional investors have recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of eXp World by 13.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 184,485 shares of the technology company’s stock worth $2,123,000 after acquiring an additional 21,461 shares during the period. Squarepoint Ops LLC lifted its position in eXp World by 22.2% in the fourth quarter. Squarepoint Ops LLC now owns 28,746 shares of the technology company’s stock worth $331,000 after purchasing an additional 5,215 shares during the period. Two Sigma Advisers LP boosted its stake in eXp World by 4.6% during the fourth quarter. Two Sigma Advisers LP now owns 66,400 shares of the technology company’s stock worth $764,000 after buying an additional 2,900 shares in the last quarter. State of Wyoming increased its holdings in eXp World by 79.4% in the 4th quarter. State of Wyoming now owns 44,517 shares of the technology company’s stock valued at $512,000 after buying an additional 19,699 shares during the period. Finally, Snowden Capital Advisors LLC raised its stake in shares of eXp World by 10.1% in the 4th quarter. Snowden Capital Advisors LLC now owns 25,976 shares of the technology company’s stock valued at $299,000 after buying an additional 2,381 shares in the last quarter. 27.17% of the stock is owned by institutional investors and hedge funds.

About eXp World

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.