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

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 25,000 shares of the business’s stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $10.04, for a total transaction of $251,000.00. Following the completion of the sale, the chief executive officer now owns 39,878,400 shares in the company, valued at approximately $400,379,136. This trade represents a 0.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

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

• 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 stock was sold at an average price of $10.96, for a total value 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 value of $273,500.00.
• On Tuesday, January 28th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was 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 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 stock was sold at an average price of $11.97, for a total value 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 value of $630,000.00.

eXp World Price Performance

Shares of EXPI opened at $10.04 on Thursday. The company has a market capitalization of $1.55 billion, a price-to-earnings ratio of -71.71 and a beta of 2.33. eXp World Holdings, Inc. has a fifty-two week low of $8.91 and a fifty-two week high of $15.39. The business’s 50-day moving average is $11.02 and its 200-day moving average is $12.45.

eXp World (NASDAQ:EXPI) last issued its earnings results on Thursday, February 20th. The technology company reported ($0.03) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.03. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.03 billion. eXp World had a positive return on equity of 5.75% and a negative net margin of 0.47%. Equities 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 declared a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Tuesday, March 4th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $0.20 annualized dividend and a dividend yield of 1.99%. eXp World’s payout ratio is -142.86%.

Analysts Set New Price Targets

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

Institutional Investors Weigh In On eXp World

Several large investors have recently made changes to their positions in EXPI. Pacer Advisors Inc. bought a new stake in shares of eXp World in the 4th quarter valued at approximately $60,767,000. Baring Financial LLC bought a new stake in shares of eXp World in the 4th quarter valued at approximately $5,222,000. Vanguard Group Inc. grew its stake in shares of eXp World by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 12,235,835 shares of the technology company’s stock valued at $140,834,000 after buying an additional 208,920 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of eXp World by 39.7% in the 4th quarter. JPMorgan Chase & Co. now owns 727,096 shares of the technology company’s stock valued at $8,369,000 after buying an additional 206,677 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of eXp World by 16.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,288,349 shares of the technology company’s stock valued at $18,153,000 after buying an additional 183,823 shares in the last quarter. 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.