eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford Sells 25,000 Shares

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 25,000 shares of eXp World stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $11.59, for a total transaction of $289,750.00. Following the completion of the sale, the chief executive officer now directly owns 40,072,450 shares in the company, valued at approximately $464,439,695.50. The trade was a 0.06 % decrease in their position. The sale 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 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 value 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 value of $288,000.00.
• On Thursday, December 26th, Glenn Darrel Sanford sold 36,630 shares of eXp World stock. The stock was sold at an average price of $11.97, for a total value 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 transaction of $630,000.00.
• On Tuesday, December 10th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were sold at an average price of $13.00, for a total transaction of $650,000.00.
• On Tuesday, December 3rd, Glenn Darrel Sanford sold 49,881 shares of eXp World stock. The shares were sold at an average price of $13.87, for a total transaction of $691,849.47.
• On Monday, November 25th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $14.41, for a total value of $720,500.00.
• On Monday, November 18th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $12.72, for a total value of $636,000.00.
• On Tuesday, November 12th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were sold at an average price of $14.48, for a total value of $724,000.00.

eXp World Stock Up 2.9 %

eXp World stock opened at $11.76 on Wednesday. The firm’s 50-day simple moving average is $12.27 and its 200 day simple moving average is $12.88. eXp World Holdings, Inc. has a 52 week low of $8.91 and a 52 week high of $15.39. The firm has a market capitalization of $1.81 billion, a PE ratio of -53.45 and a beta of 2.30.

eXp World Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, November 18th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.70%. eXp World’s dividend payout ratio (DPR) is -90.91%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Pacer Advisors Inc. purchased a new position in eXp World in the 4th quarter valued at about $60,767,000. Copeland Capital Management LLC lifted its stake in shares of eXp World by 2.4% during the third quarter. Copeland Capital Management LLC now owns 4,011,378 shares of the technology company’s stock valued at $56,520,000 after buying an additional 94,493 shares during the period. State Street Corp boosted its position in eXp World by 4.1% during the third quarter. State Street Corp now owns 2,982,216 shares of the technology company’s stock worth $42,019,000 after acquiring an additional 117,418 shares during the last quarter. Geode Capital Management LLC grew its stake in eXp World by 5.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,211,172 shares of the technology company’s stock worth $31,161,000 after acquiring an additional 118,210 shares during the period. Finally, Millennium Management LLC raised its holdings in eXp World by 91.7% in the 2nd quarter. Millennium Management LLC now owns 1,377,365 shares of the technology company’s stock valued at $15,544,000 after acquiring an additional 659,012 shares during the last quarter. 27.17% of the stock is currently owned by institutional investors and hedge funds.

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.