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

eXp World Holdings, Inc. (NASDAQ:EXPIGet Free Report) CEO Glenn Darrel Sanford sold 25,000 shares of the business’s stock in a transaction dated Monday, June 24th. The stock was sold at an average price of $10.62, for a total transaction of $265,500.00. Following the completion of the transaction, the chief executive officer now owns 41,462,388 shares of the company’s stock, valued at $440,330,560.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Wednesday, June 12th, Glenn Darrel Sanford sold 1,005 shares of eXp World stock. The stock was sold at an average price of $12.02, for a total transaction of $12,080.10.
  • On Monday, June 10th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $10.92, for a total transaction of $273,000.00.
  • On Wednesday, May 29th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $11.05, for a total value of $276,250.00.

eXp World Trading Up 0.9 %

Shares of NASDAQ EXPI traded up $0.09 during midday trading on Tuesday, reaching $10.66. The company had a trading volume of 540,987 shares, compared to its average volume of 1,060,110. eXp World Holdings, Inc. has a 1 year low of $8.91 and a 1 year high of $25.39. The business’s 50-day simple moving average is $11.11 and its 200 day simple moving average is $12.04.

eXp World (NASDAQ:EXPIGet Free Report) last issued its earnings results on Wednesday, May 1st. The technology company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.01. The company had revenue of $943.10 million during the quarter, compared to analyst estimates of $893.24 million. eXp World had a negative return on equity of 1.50% and a negative net margin of 0.60%. The firm’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter last year, the business posted $0.01 EPS. On average, analysts forecast that eXp World Holdings, Inc. will post 0.18 earnings per share for the current year.

eXp World Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, May 27th. Shareholders of record on Monday, May 13th were paid a dividend of $0.05 per share. The ex-dividend date was Friday, May 10th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.88%. eXp World’s payout ratio is currently -117.64%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on EXPI shares. TheStreet downgraded eXp World from a “c-” rating to a “d” rating in a research note on Monday, March 4th. DA Davidson restated an “underperform” rating and set a $11.75 price target on shares of eXp World in a research note on Thursday, May 2nd.

Get Our Latest Research Report on EXPI

Hedge Funds Weigh In On eXp World

Institutional investors and hedge funds have recently modified their holdings of the stock. Norges Bank purchased a new position in eXp World during the fourth quarter valued at approximately $7,141,000. Qube Research & Technologies Ltd grew its stake in shares of eXp World by 861.7% during the 3rd quarter. Qube Research & Technologies Ltd now owns 291,809 shares of the technology company’s stock worth $4,739,000 after purchasing an additional 261,466 shares during the period. Vident Advisory LLC increased its holdings in shares of eXp World by 594.0% during the 1st quarter. Vident Advisory LLC now owns 289,831 shares of the technology company’s stock valued at $2,994,000 after purchasing an additional 248,070 shares in the last quarter. Copeland Capital Management LLC lifted its stake in shares of eXp World by 6.4% in the 4th quarter. Copeland Capital Management LLC now owns 3,866,710 shares of the technology company’s stock valued at $60,011,000 after purchasing an additional 232,321 shares during the period. Finally, Wellington Management Group LLP purchased a new stake in eXp World during the third quarter worth $3,771,000. Institutional investors and hedge funds own 27.17% of the company’s stock.

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.

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