eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells $18,765.00 in Stock

Posted by Lars Charter on Sep 22nd, 2024

eXp World Holdings, Inc. (NASDAQ:EXPI – Get Free Report) CEO Glenn Darrel Sanford sold 1,251 shares of eXp World stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of $15.00, for a total transaction of $18,765.00. Following the transaction, the chief executive officer now directly owns 40,807,876 shares of the company’s stock, valued at $612,118,140. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

On Tuesday, September 17th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $14.49, for a total transaction of $724,500.00.
On Tuesday, September 10th, Glenn Darrel Sanford sold 59,935 shares of eXp World stock. The shares were sold at an average price of $12.41, for a total transaction of $743,793.35.
On Tuesday, September 3rd, Glenn Darrel Sanford sold 26,630 shares of eXp World stock. The shares were sold at an average price of $11.82, for a total value of $314,766.60.
On Tuesday, August 27th, Glenn Darrel Sanford sold 44,616 shares of eXp World stock. The stock was sold at an average price of $12.98, for a total value of $579,115.68.
On Tuesday, August 20th, Glenn Darrel Sanford sold 47,984 shares of eXp World stock. The shares were sold at an average price of $12.32, for a total value of $591,162.88.
On Tuesday, August 13th, Glenn Darrel Sanford sold 46,047 shares of eXp World stock. The stock was sold at an average price of $12.05, for a total transaction of $554,866.35.
On Tuesday, August 6th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were sold at an average price of $12.33, for a total transaction of $616,500.00.
On Monday, July 29th, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The stock was sold at an average price of $14.48, for a total transaction of $579,200.00.
On Monday, July 22nd, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The shares were sold at an average price of $13.79, for a total transaction of $551,600.00.
On Wednesday, July 17th, Glenn Darrel Sanford sold 55,538 shares of eXp World stock. The stock was sold at an average price of $14.29, for a total value of $793,638.02.

eXp World Stock Performance

EXPI opened at $14.03 on Friday. The company has a fifty day moving average price of $12.99 and a two-hundred day moving average price of $11.65. The firm has a market capitalization of $2.17 billion, a PE ratio of -82.53 and a beta of 2.29. eXp World Holdings, Inc. has a 52 week low of $8.91 and a 52 week high of $17.11.

eXp World (NASDAQ:EXPI – Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The technology company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). eXp World had a negative return on equity of 0.56% and a negative net margin of 0.52%. The company had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same period last year, the firm earned $0.06 earnings per share. The firm’s revenue for the quarter was up 5.2% on a year-over-year basis. Equities analysts forecast that eXp World Holdings, Inc. will post 0.09 EPS for the current year.

eXp World Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Wednesday, August 14th were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.43%. The ex-dividend date of this dividend was Wednesday, August 14th. eXp World’s payout ratio is -117.65%.

Institutional Investors Weigh In On eXp World

Several large investors have recently bought and sold shares of the company. Millennium Management LLC grew its holdings in shares of 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 buying an additional 659,012 shares during the period. Norges Bank bought a new position in eXp World during the fourth quarter worth about $7,141,000. Vident Advisory LLC lifted its holdings in eXp World by 594.0% during the first quarter. Vident Advisory LLC now owns 289,831 shares of the technology company’s stock worth $2,994,000 after acquiring an additional 248,070 shares in the last quarter. Nordea Investment Management AB grew its position in shares of eXp World by 49.3% in the 1st quarter. Nordea Investment Management AB now owns 412,393 shares of the technology company’s stock valued at $4,326,000 after purchasing an additional 136,151 shares during the period. Finally, Vanguard Group Inc. raised its holdings in eXp World by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 12,109,705 shares of the technology company’s stock worth $125,093,000 after buying an additional 107,303 shares during the period. Institutional investors own 27.17% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on EXPI shares. DA Davidson boosted their target price on eXp World from $11.75 to $13.50 and gave the stock a “neutral” rating in a research report on Thursday, August 1st. BTIG Research raised shares of eXp World from a “sell” rating to a “neutral” rating in a research note on Tuesday, July 23rd.

Read Our Latest Stock Report on eXp World

About eXp World

(Get Free Report)

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.