eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Jason Gesing Sells 40,000 Shares

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Jason Gesing sold 40,000 shares of eXp World stock in a transaction that occurred on Monday, January 10th. The shares were sold at an average price of $26.88, for a total value of $1,075,200.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Jason Gesing also recently made the following trade(s):

  • On Friday, November 19th, Jason Gesing sold 11,500 shares of eXp World stock. The shares were sold at an average price of $40.44, for a total value of $465,060.00.
  • On Wednesday, November 10th, Jason Gesing sold 40,000 shares of eXp World stock. The shares were sold at an average price of $43.49, for a total value of $1,739,600.00.
  • On Wednesday, October 20th, Jason Gesing sold 11,500 shares of eXp World stock. The shares were sold at an average price of $47.83, for a total value of $550,045.00.

EXPI stock opened at $29.32 on Friday. The company has a current ratio of 2.48, a quick ratio of 2.48 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $4.33 billion, a PE ratio of 62.38 and a beta of 3.05. eXp World Holdings, Inc. has a 1-year low of $22.52 and a 1-year high of $90.00. The business’s 50 day simple moving average is $36.12 and its 200 day simple moving average is $41.17.

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

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

Several research analysts have weighed in on the company. Zacks Investment Research lowered eXp World from a “buy” rating to a “hold” rating in a research report on Monday, November 8th. TheStreet lowered eXp World from a “b-” rating to a “c+” rating in a research report on Friday, November 19th. Finally, DA Davidson lowered their price target on eXp World from $66.00 to $63.00 and set a “buy” rating on the stock in a research report on Thursday, November 4th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, eXp World currently has an average rating of “Hold” and a consensus target price of $55.67.

Several hedge funds have recently bought and sold shares of EXPI. Vanguard Group Inc. increased its holdings in shares of eXp World by 9.8% during the 2nd quarter. Vanguard Group Inc. now owns 9,323,730 shares of the technology company’s stock worth $361,481,000 after acquiring an additional 831,910 shares during the last quarter. Scout Investments Inc. increased its holdings in shares of eXp World by 58.8% during the 4th quarter. Scout Investments Inc. now owns 1,146,689 shares of the technology company’s stock worth $38,632,000 after acquiring an additional 424,634 shares during the last quarter. Fuller & Thaler Asset Management Inc. bought a new stake in eXp World in the 3rd quarter valued at $12,866,000. Geode Capital Management LLC boosted its stake in eXp World by 17.9% in the 2nd quarter. Geode Capital Management LLC now owns 1,405,779 shares of the technology company’s stock valued at $54,502,000 after purchasing an additional 213,817 shares during the period. Finally, State Street Corp boosted its stake in eXp World by 18.6% in the 2nd quarter. State Street Corp now owns 1,164,839 shares of the technology company’s stock valued at $45,161,000 after purchasing an additional 182,819 shares during the period. 21.40% of the stock is currently owned by institutional investors and hedge funds.

About eXp World

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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