eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells $259,250.00 in Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $10.37, for a total value 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. This represents a 0.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, 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 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 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 transaction 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 value 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 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 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 Price Performance

Shares of EXPI opened at $10.27 on Thursday. eXp World Holdings, Inc. has a 1 year low of $9.20 and a 1 year high of $15.39. The stock’s fifty day moving average price is $10.58 and its two-hundred day moving average price is $12.19. The firm has a market cap of $1.56 billion, a PE ratio of -73.35 and a beta of 2.33.

eXp World (NASDAQ:EXPI) last announced its quarterly earnings data 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. The business had revenue of $1.10 billion for 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 anticipate that eXp World Holdings, Inc. will post 0.48 earnings per share for the current fiscal year.

eXp World Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Tuesday, March 4th were paid a $0.05 dividend. The ex-dividend date was Tuesday, March 4th. This represents a $0.20 dividend on an annualized basis and a yield of 1.95%. eXp World’s dividend payout ratio is -142.86%.

Analysts Set New Price Targets

Separately, DA Davidson reissued a “neutral” rating and set 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

Several institutional investors have recently made changes to their positions in EXPI. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of eXp World by 13.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 184,485 shares of the technology company’s stock valued at $2,123,000 after purchasing an additional 21,461 shares in the last quarter. Squarepoint Ops LLC increased its position in shares of eXp World by 22.2% during the fourth quarter. Squarepoint Ops LLC now owns 28,746 shares of the technology company’s stock valued at $331,000 after buying an additional 5,215 shares during the period. Two Sigma Advisers LP lifted its holdings in shares of eXp World by 4.6% in the fourth quarter. Two Sigma Advisers LP now owns 66,400 shares of the technology company’s stock worth $764,000 after buying an additional 2,900 shares in the last quarter. State of Wyoming boosted its position in shares of eXp World by 79.4% in the fourth quarter. State of Wyoming now owns 44,517 shares of the technology company’s stock valued at $512,000 after acquiring an additional 19,699 shares during the period. Finally, Snowden Capital Advisors LLC grew its stake in eXp World by 10.1% during the fourth quarter. Snowden Capital Advisors LLC now owns 25,976 shares of the technology company’s stock valued at $299,000 after acquiring an additional 2,381 shares in the last quarter. 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.