Glenn Darrel Sanford Sells 20,000 Shares of eXp World Holdings, Inc. (NASDAQ:EXPI) Stock

eXp World Holdings, Inc. (NASDAQ:EXPIGet Free Report) CEO Glenn Darrel Sanford sold 20,000 shares of the firm’s stock in a transaction dated Monday, April 7th. The shares were sold at an average price of $9.22, for a total value of $184,400.00. Following the sale, the chief executive officer now directly owns 39,763,400 shares in the company, valued at approximately $366,618,548. The trade was a 0.05 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • 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 stock was 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 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 value of $244,000.00.
  • On Monday, March 3rd, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was 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 value 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 shares were 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 transaction of $289,750.00.

eXp World Stock Down 2.5 %

Shares of eXp World stock traded down $0.23 on Tuesday, reaching $9.00. The company’s stock had a trading volume of 1,365,841 shares, compared to its average volume of 1,034,959. eXp World Holdings, Inc. has a 52-week low of $8.64 and a 52-week high of $15.39. The company has a market capitalization of $1.37 billion, a P/E ratio of -64.28 and a beta of 2.44. The stock has a 50-day moving average price of $10.33 and a 200-day moving average price of $11.96.

eXp World (NASDAQ:EXPIGet Free Report) last issued its quarterly earnings results on Thursday, February 20th. The technology company reported ($0.03) EPS for the quarter, topping the consensus estimate 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 positive return on equity of 5.75% and a negative net margin of 0.47%. Sell-side analysts forecast 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 announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Tuesday, March 4th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date of this dividend was Tuesday, March 4th. eXp World’s dividend payout ratio (DPR) is presently -142.86%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. FMR LLC grew its holdings in shares of eXp World by 4,338.7% during the 3rd quarter. FMR LLC now owns 123,885 shares of the technology company’s stock worth $1,746,000 after purchasing an additional 121,094 shares during the period. Verition Fund Management LLC increased its position in shares of eXp World by 16.2% during the third quarter. Verition Fund Management LLC now owns 68,941 shares of the technology company’s stock valued at $971,000 after acquiring an additional 9,613 shares during the last quarter. IHT Wealth Management LLC acquired a new stake in eXp World in the 3rd quarter valued at approximately $145,000. Stifel Financial Corp raised its holdings in shares of eXp World by 7.5% in the 3rd quarter. Stifel Financial Corp now owns 143,600 shares of the technology company’s stock valued at $2,023,000 after buying an additional 9,992 shares during the period. Finally, State Street Corp grew its position in eXp World by 4.1% in the 3rd quarter. State Street Corp now owns 2,982,216 shares of the technology company’s stock valued at $42,019,000 after acquiring an additional 117,418 shares in the last quarter. 27.17% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Read Our Latest Report on EXPI

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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