eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells $187,800.00 in Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 20,000 shares of the firm’s stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $9.39, for a total value of $187,800.00. Following the transaction, the chief executive officer now directly owns 39,743,400 shares in the company, valued at $373,190,526. This trade represents a 0.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

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

• On Monday, April 7th, Glenn Darrel Sanford sold 20,000 shares of eXp World stock. The shares were sold at an average price of $9.22, for a total transaction of $184,400.00.
• On Tuesday, April 1st, Glenn Darrel Sanford sold 20,000 shares of eXp World stock. The stock was sold at an average price of $9.80, for a total transaction of $196,000.00.
• On Monday, March 24th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $10.37, for a total transaction of $259,250.00.
• On Monday, March 17th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $9.76, for a total value of $244,000.00.
• On Monday, March 10th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $9.76, for a total value of $244,000.00.
• On Monday, March 3rd, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $10.04, for a total value of $251,000.00.
• On Monday, February 24th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $10.21, for a total transaction of $255,250.00.
• On Tuesday, February 18th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was 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 shares were 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.

eXp World Trading Down 1.6 %

Shares of EXPI opened at $8.84 on Friday. The business’s 50-day moving average price is $9.93 and its 200 day moving average price is $11.66. The stock has a market capitalization of $1.34 billion, a P/E ratio of -63.14 and a beta of 2.44. eXp World Holdings, Inc. has a 1-year low of $8.64 and a 1-year high of $15.39.

eXp World (NASDAQ:EXPI) last released its quarterly earnings results on Thursday, February 20th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.03. eXp World had a negative net margin of 0.47% and a positive return on equity of 5.75%. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.03 billion. On average, research analysts predict that eXp World Holdings, Inc. will post 0.48 earnings per share for the current year.

eXp World Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Tuesday, March 4th were given a $0.05 dividend. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a $0.20 annualized dividend and a dividend yield of 2.26%. eXp World’s dividend payout ratio (DPR) is presently -142.86%.

Analyst Upgrades and Downgrades

Separately, DA Davidson reiterated a “neutral” rating and set a $13.50 price objective on shares of eXp World in a research report on Friday, February 21st.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. SBI Securities Co. Ltd. acquired a new stake in eXp World during the 4th quarter worth about $32,000. Graney & King LLC acquired a new stake in shares of eXp World during the fourth quarter worth approximately $58,000. Sims Investment Management LLC acquired a new stake in shares of eXp World during the fourth quarter worth approximately $121,000. CIBC Asset Management Inc purchased a new position in eXp World during the fourth quarter valued at approximately $122,000. Finally, Plato Investment Management Ltd lifted its position in eXp World by 16,347.0% in the 4th quarter. Plato Investment Management Ltd now owns 10,855 shares of the technology company’s stock worth $125,000 after buying an additional 10,789 shares in the last quarter. Hedge funds and other institutional investors own 27.17% of the company’s stock.

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.