eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford Sells 25,000 Shares of 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 24th. The shares were sold at an average price of $10.37, for a total value of $259,250.00. Following the completion of the transaction, the chief executive officer now directly owns 39,803,400 shares of the company’s stock, valued at $412,761,258. This represents a 0.06 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• 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 transaction of $244,000.00.
• On Monday, March 10th, 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 transaction 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 transaction of $251,000.00.
• On Monday, February 24th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were 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 value 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 value of $274,000.00.
• On Monday, February 3rd, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were 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 stock was 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 shares were 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.

eXp World Price Performance

Shares of NASDAQ:EXPI opened at $10.35 on Tuesday. The company has a market capitalization of $1.57 billion, a price-to-earnings ratio of -73.92 and a beta of 2.33. The firm’s 50 day simple moving average is $10.61 and its 200 day simple moving average is $12.22. eXp World Holdings, Inc. has a fifty-two week low of $9.20 and a fifty-two week high of $15.39.

eXp World (NASDAQ:EXPI) last announced its quarterly earnings results on Thursday, February 20th. The technology company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.03 billion. Equities research analysts expect that eXp World Holdings, Inc. will post 0.48 earnings per share for the current year.

eXp World Dividend Announcement

The firm also recently declared 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 1.93%. The ex-dividend date was Tuesday, March 4th. eXp World’s dividend payout ratio is currently -142.86%.

Wall Street Analysts Forecast Growth

Separately, DA Davidson reaffirmed a “neutral” rating and set a $13.50 price objective on shares of eXp World in a research note on Friday, February 21st.

Hedge Funds Weigh In On eXp World

Institutional investors have recently modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in eXp World by 13.2% during 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 buying an additional 21,461 shares during the period. Squarepoint Ops LLC raised its holdings in shares of eXp World by 22.2% during the fourth quarter. Squarepoint Ops LLC now owns 28,746 shares of the technology company’s stock worth $331,000 after acquiring an additional 5,215 shares during the period. Two Sigma Advisers LP raised its holdings in shares of 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 acquiring an additional 2,900 shares during the period. State of Wyoming lifted its position 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 acquiring an additional 19,699 shares in the last quarter. Finally, Snowden Capital Advisors LLC boosted its stake in eXp World by 10.1% in the 4th quarter. Snowden Capital Advisors LLC now owns 25,976 shares of the technology company’s stock worth $299,000 after purchasing an additional 2,381 shares during the period. Institutional investors 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.