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 eXp World stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $9.76, for a total transaction of $244,000.00. Following the completion of the sale, the chief executive officer now owns 39,828,400 shares of the company’s stock, valued at $388,725,184. This trade represents a 0.06 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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 transaction 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 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 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 shares were 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction of $288,000.00.

eXp World Trading Up 0.7 %

EXPI traded up $0.07 on Monday, reaching $9.76. The stock had a trading volume of 902,142 shares, compared to its average volume of 984,200. The company has a market cap of $1.48 billion, a P/E ratio of -69.71 and a beta of 2.33. The business’s 50-day moving average price is $10.72 and its two-hundred day moving average price is $12.28. eXp World Holdings, Inc. has a 12-month low of $8.91 and a 12-month high of $15.39.

eXp World (NASDAQ:EXPI) last issued its quarterly earnings data on Thursday, February 20th. The technology company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.03. eXp World had a negative net margin of 0.47% and a positive return on equity of 5.75%. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.03 billion. As a group, analysts predict that eXp World Holdings, Inc. will post 0.48 earnings per share for the current year.

eXp World Dividend Announcement

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

Analyst Upgrades and Downgrades

Separately, DA Davidson restated a “neutral” rating and set 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 bought and sold shares of EXPI. JPMorgan Chase & Co. increased its stake in shares of eXp World by 17.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 520,419 shares of the technology company’s stock valued at $7,333,000 after acquiring an additional 75,431 shares during the last quarter. State Street Corp boosted its stake in eXp World by 4.1% in the third quarter. State Street Corp now owns 2,982,216 shares of the technology company’s stock valued at $42,019,000 after acquiring an additional 117,418 shares during the period. Algert Global LLC increased its stake in shares of eXp World by 147.6% in the third quarter. Algert Global LLC now owns 296,085 shares of the technology company’s stock valued at $4,172,000 after purchasing an additional 176,509 shares during the period. Principal Financial Group Inc. increased its stake in eXp World by 2.9% during the 4th quarter. Principal Financial Group Inc. now owns 411,874 shares of the technology company’s stock valued at $4,741,000 after buying an additional 11,588 shares during the period. Finally, Intech Investment Management LLC bought a new stake in eXp World in the third quarter worth about $966,000. Institutional investors and hedge funds own 27.17% of the company’s stock.

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.