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 company’s stock in a transaction on Monday, March 24th. The stock was sold at an average price of $10.37, for a total transaction of $259,250.00. Following the sale, the chief executive officer now directly owns 39,803,400 shares of the company’s stock, valued at $412,761,258. The trade was a 0.06 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Monday, March 17th, 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 transaction 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 transaction 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 shares were 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 shares were 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 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 shares were sold at an average price of $11.59, for a total transaction 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 transaction 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 transaction of $268,500.00.

eXp World Stock Up 3.9 %

NASDAQ EXPI traded up $0.39 during trading on Monday, hitting $10.35. The stock had a trading volume of 1,157,063 shares, compared to its average volume of 989,028. The company has a market capitalization of $1.57 billion, a PE ratio of -73.92 and a beta of 2.33. The firm has a 50 day moving average price of $10.62 and a 200 day moving average price of $12.23. eXp World Holdings, Inc. has a twelve month low of $9.20 and a twelve month high of $15.39.

eXp World (NASDAQ:EXPI) last announced its quarterly earnings data 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 firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.03 billion. eXp World had a negative net margin of 0.47% and a positive return on equity of 5.75%. On average, sell-side analysts anticipate that eXp World Holdings, Inc. will post 0.48 earnings per share for the current year.

eXp World Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Tuesday, March 4th were paid a dividend of $0.05 per share. The ex-dividend date was Tuesday, March 4th. This represents a $0.20 annualized dividend and a yield of 1.93%. eXp World’s payout ratio is -142.86%.

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On eXp World

Hedge funds have recently bought and sold shares of the stock. Pacer Advisors Inc. acquired a new stake in shares of eXp World in the 4th quarter valued at $60,767,000. Baring Financial LLC purchased a new position in shares of eXp World during the fourth quarter worth about $5,222,000. Vanguard Group Inc. increased its position in shares of eXp World by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 12,235,835 shares of the technology company’s stock worth $140,834,000 after purchasing an additional 208,920 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings 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 purchasing an additional 206,677 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in eXp World by 16.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,288,349 shares of the technology company’s stock worth $18,153,000 after buying an additional 183,823 shares during the last quarter. Institutional investors and hedge funds 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.