eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells $251,000.00 in Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 25,000 shares of eXp World stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $10.04, for a total transaction of $251,000.00. Following the transaction, the chief executive officer now directly owns 39,878,400 shares of the company’s stock, valued at approximately $400,379,136. This trade represents a 0.06 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• 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 transaction of $255,250.00.
• On Tuesday, February 18th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was 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 value 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 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 transaction of $286,000.00.
• On Monday, January 13th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was 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 stock was sold at an average price of $11.52, for a total transaction of $288,000.00.
• 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 transaction of $438,461.10.
• On Tuesday, December 17th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $12.60, for a total value of $630,000.00.

eXp World Stock Performance

Shares of NASDAQ EXPI traded down $0.36 during mid-day trading on Monday, reaching $9.75. The company’s stock had a trading volume of 1,227,783 shares, compared to its average volume of 978,847. The stock has a 50-day moving average of $11.10 and a two-hundred day moving average of $12.48. The stock has a market capitalization of $1.50 billion, a P/E ratio of -69.64 and a beta of 2.29. eXp World Holdings, Inc. has a 1-year low of $8.91 and a 1-year high of $15.39.

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

eXp World Announces Dividend

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

Analysts Set New Price Targets

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

Institutional Trading of eXp World

Large investors have recently added to or reduced their stakes in the stock. Financial Advocates Investment Management raised its holdings in shares of eXp World by 9.6% during the 3rd quarter. Financial Advocates Investment Management now owns 11,380 shares of the technology company’s stock worth $160,000 after acquiring an additional 1,000 shares during the period. Amalgamated Bank raised its stake in eXp World by 6.1% during the third quarter. Amalgamated Bank now owns 24,396 shares of the technology company’s stock worth $344,000 after purchasing an additional 1,412 shares during the period. Olympiad Research LP boosted its holdings in eXp World by 4.7% in the 3rd quarter. Olympiad Research LP now owns 38,846 shares of the technology company’s stock valued at $547,000 after purchasing an additional 1,734 shares during the last quarter. Louisiana State Employees Retirement System grew its stake in shares of eXp World by 4.9% in the 3rd quarter. Louisiana State Employees Retirement System now owns 40,900 shares of the technology company’s stock valued at $576,000 after buying an additional 1,900 shares during the period. Finally, Thrivent Financial for Lutherans increased its holdings in shares of eXp World by 3.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 66,399 shares of the technology company’s stock worth $936,000 after buying an additional 2,126 shares during the last quarter. 27.17% of the stock is currently owned by hedge funds and other institutional investors.

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.