Insider Selling: eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells 25,000 Shares of Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 25,000 shares of the business’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $11.44, for a total value of $286,000.00. Following the transaction, the chief executive officer now owns 40,097,450 shares in the company, valued at approximately $458,714,828. This represents a 0.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• 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 stock was 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 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 shares were 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 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 value 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 shares were 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 stock was sold at an average price of $14.48, for a total value of $724,000.00.
• On Tuesday, November 5th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were sold at an average price of $14.11, for a total transaction of $705,500.00.

eXp World Price Performance

Shares of eXp World stock opened at $11.36 on Wednesday. eXp World Holdings, Inc. has a 1 year low of $8.91 and a 1 year high of $15.39. The company has a 50-day moving average of $12.50 and a 200 day moving average of $12.89. The firm has a market cap of $1.74 billion, a price-to-earnings ratio of -51.64 and a beta of 2.30.

eXp World Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, November 18th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.20 annualized dividend and a dividend yield of 1.76%. eXp World’s payout ratio is -90.91%.

Institutional Trading of eXp World

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Commonwealth Equity Services LLC boosted its holdings in eXp World by 8.0% in the second quarter. Commonwealth Equity Services LLC now owns 23,896 shares of the technology company’s stock worth $270,000 after acquiring an additional 1,768 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in eXp World by 29.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 240,099 shares of the technology company’s stock worth $2,709,000 after purchasing an additional 55,031 shares in the last quarter. Sei Investments Co. grew its position in eXp World by 6.6% during the 2nd quarter. Sei Investments Co. now owns 105,433 shares of the technology company’s stock valued at $1,190,000 after purchasing an additional 6,556 shares during the last quarter. Public Sector Pension Investment Board grew its position in eXp World by 6.8% during the 2nd quarter. Public Sector Pension Investment Board now owns 170,370 shares of the technology company’s stock valued at $1,923,000 after purchasing an additional 10,789 shares during the last quarter. Finally, Point72 DIFC Ltd bought a new stake in eXp World during the 2nd quarter valued at about $26,000. Hedge funds and other institutional investors own 27.17% of the company’s stock.

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.