Glenn Darrel Sanford Sells 9,000 Shares of eXp World Holdings, Inc. (NASDAQ:EXPI) Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 9,000 shares of the business’s stock in a transaction dated Wednesday, January 12th. The shares were sold at an average price of $30.54, for a total transaction of $274,860.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Wednesday, January 5th, Glenn Darrel Sanford sold 9,000 shares of eXp World stock. The shares were sold at an average price of $30.32, for a total transaction of $272,880.00.
  • On Monday, January 3rd, Glenn Darrel Sanford sold 9,000 shares of eXp World stock. The shares were sold at an average price of $33.73, for a total transaction of $303,570.00.
  • On Wednesday, December 29th, Glenn Darrel Sanford sold 9,000 shares of eXp World stock. The shares were sold at an average price of $33.55, for a total transaction of $301,950.00.
  • On Monday, December 27th, Glenn Darrel Sanford sold 9,000 shares of eXp World stock. The shares were sold at an average price of $35.86, for a total transaction of $322,740.00.
  • On Thursday, December 23rd, Glenn Darrel Sanford sold 9,000 shares of eXp World stock. The shares were sold at an average price of $36.01, for a total value of $324,090.00.
  • On Tuesday, December 21st, Glenn Darrel Sanford sold 9,000 shares of eXp World stock. The shares were sold at an average price of $35.21, for a total value of $316,890.00.
  • On Friday, December 17th, Glenn Darrel Sanford sold 9,000 shares of eXp World stock. The shares were sold at an average price of $34.37, for a total value of $309,330.00.
  • On Wednesday, December 15th, Glenn Darrel Sanford sold 9,000 shares of eXp World stock. The shares were sold at an average price of $33.20, for a total value of $298,800.00.
  • On Friday, December 10th, Glenn Darrel Sanford sold 9,000 shares of eXp World stock. The shares were sold at an average price of $35.41, for a total value of $318,690.00.
  • On Monday, December 13th, Glenn Darrel Sanford sold 9,000 shares of eXp World stock. The shares were sold at an average price of $33.66, for a total value of $302,940.00.

Shares of eXp World stock opened at $29.32 on Friday. The business has a 50-day simple moving average of $36.12 and a 200-day simple moving average of $41.17. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.48 and a current ratio of 2.48. The company has a market cap of $4.33 billion, a PE ratio of 62.38 and a beta of 3.05. eXp World Holdings, Inc. has a one year low of $22.52 and a one year high of $90.00.

eXp World (NASDAQ:EXPI) last announced its quarterly earnings results on Tuesday, November 2nd. The technology company reported $0.15 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.08 by $0.07. The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $999.05 million. eXp World had a return on equity of 45.33% and a net margin of 2.22%. The firm’s quarterly revenue was up 96.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.10 earnings per share. On average, sell-side analysts predict that eXp World Holdings, Inc. will post 0.45 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, November 29th. Investors of record on Monday, November 15th were issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend was Friday, November 12th. eXp World’s dividend payout ratio (DPR) is 34.04%.

Institutional investors and hedge funds have recently made changes to their positions in the stock. US Bancorp DE boosted its holdings in eXp World by 1,126.5% in the third quarter. US Bancorp DE now owns 834 shares of the technology company’s stock valued at $33,000 after purchasing an additional 766 shares in the last quarter. PFG Private Wealth Management LLC acquired a new position in eXp World in the third quarter valued at approximately $34,000. PNC Financial Services Group Inc. lifted its stake in eXp World by 46.3% in the third quarter. PNC Financial Services Group Inc. now owns 1,084 shares of the technology company’s stock valued at $42,000 after buying an additional 343 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its stake in eXp World by 6.4% in the third quarter. O Shaughnessy Asset Management LLC now owns 5,031 shares of the technology company’s stock valued at $200,000 after buying an additional 302 shares during the last quarter. Finally, Pearl River Capital LLC purchased a new stake in eXp World in the third quarter valued at approximately $203,000. 21.40% of the stock is owned by hedge funds and other institutional investors.

EXPI has been the subject of several research reports. TheStreet downgraded eXp World from a “b-” rating to a “c+” rating in a research report on Friday, November 19th. DA Davidson lowered their price objective on eXp World from $66.00 to $63.00 and set a “buy” rating for the company in a research report on Thursday, November 4th. Finally, Zacks Investment Research downgraded eXp World from a “buy” rating to a “hold” rating in a research report on Monday, November 8th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, eXp World presently has an average rating of “Hold” and a consensus price target of $55.67.

eXp World Company Profile

eXp World Holdings, Inc operates as a cloud-based real estate brokerage firm. It focuses on the development and use of cloud-based technologies in order to grow an international brokerage without the burden of physical brick and mortar offices and redundant staffing costs. The firm offers software subscriptions to customers to access its virtual reality software platform through VirBELA.

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Insider Buying and Selling by Quarter for eXp World (NASDAQ:EXPI)

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