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 the company’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $10.21, for a total value of $255,250.00. Following the sale, the chief executive officer now directly owns 39,903,400 shares in the company, valued at approximately $407,413,714. This represents a 0.06 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• 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 transaction 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 transaction 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 transaction of $273,500.00.
• On Tuesday, January 28th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were 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 stock was sold at an average price of $11.44, for a total value 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 value 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 transaction of $630,000.00.
• On Tuesday, December 10th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $13.00, for a total value of $650,000.00.

eXp World Trading Down 0.6 %

eXp World stock opened at $10.20 on Tuesday. eXp World Holdings, Inc. has a 52 week low of $8.91 and a 52 week high of $15.39. The stock has a market cap of $1.57 billion, a price-to-earnings ratio of -72.85 and a beta of 2.29. The company’s 50-day moving average price is $11.34 and its two-hundred day moving average price is $12.55.

eXp World (NASDAQ:EXPI) last posted 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 business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.03 billion. eXp World had a negative net margin of 0.47% and a positive return on equity of 5.75%. Research analysts expect that eXp World Holdings, Inc. will post 0.48 earnings per share for the current fiscal year.

eXp World Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Tuesday, March 4th will be issued a $0.05 dividend. The ex-dividend date is Tuesday, March 4th. This represents a $0.20 annualized dividend and a dividend yield of 1.96%. eXp World’s dividend payout ratio (DPR) is -142.86%.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of 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 valued at $2,123,000 after purchasing an additional 21,461 shares in the last quarter. Squarepoint Ops LLC lifted its stake in eXp World by 22.2% during the fourth quarter. Squarepoint Ops LLC now owns 28,746 shares of the technology company’s stock valued at $331,000 after purchasing an additional 5,215 shares during the last quarter. Two Sigma Advisers LP boosted its holdings in 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 buying an additional 2,900 shares in the last quarter. State of Wyoming lifted its position in shares of eXp World by 79.4% during 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 during the last quarter. Finally, Snowden Capital Advisors LLC boosted its stake in shares of eXp World by 10.1% during the 4th quarter. Snowden Capital Advisors LLC now owns 25,976 shares of the technology company’s stock worth $299,000 after acquiring an additional 2,381 shares in the last quarter. 27.17% of the stock is owned by institutional investors and hedge funds.

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.