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

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 25,000 shares of the firm’s stock in a transaction on Monday, May 12th. The stock was sold at an average price of $7.81, for a total value of $195,250.00. Following the completion of the transaction, the chief executive officer now owns 39,653,400 shares in the company, valued at $309,693,054. The trade was a 0.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Monday, May 5th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $8.94, for a total value of $223,500.00.
• On Monday, April 28th, Glenn Darrel Sanford sold 20,000 shares of eXp World stock. The shares were sold at an average price of $8.80, for a total value of $176,000.00.
• On Monday, April 21st, Glenn Darrel Sanford sold 20,000 shares of eXp World stock. The stock was sold at an average price of $8.62, for a total value of $172,400.00.
• On Tuesday, April 15th, Glenn Darrel Sanford sold 20,000 shares of eXp World stock. The stock was sold at an average price of $9.39, for a total value of $187,800.00.
• 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 value of $184,400.00.
• On Tuesday, April 1st, Glenn Darrel Sanford sold 20,000 shares of eXp World stock. The shares were sold at an average price of $9.80, for a total value 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 value 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 stock was sold at an average price of $10.04, for a total value of $251,000.00.

eXp World Trading Up 1.7%

Shares of eXp World stock opened at $7.95 on Wednesday. The stock has a fifty day simple moving average of $9.23 and a 200 day simple moving average of $11.08. eXp World Holdings, Inc. has a 12-month low of $6.90 and a 12-month high of $15.39. The company has a market capitalization of $1.24 billion, a P/E ratio of -56.78 and a beta of 2.66.

eXp World (NASDAQ:EXPI) last announced its quarterly earnings results on Tuesday, May 6th. The technology company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.12). eXp World had a positive return on equity of 5.75% and a negative net margin of 0.47%. The company had revenue of $954.91 million for the quarter, compared to the consensus estimate of $994.83 million. During the same quarter last year, the company posted ($0.02) EPS. The company’s quarterly revenue was up 1.3% compared to the same quarter last year. On average, analysts predict that eXp World Holdings, Inc. will post 0.48 EPS for the current year.

eXp World Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Monday, May 19th will be given a $0.05 dividend. The ex-dividend date of this dividend is Monday, May 19th. This represents a $0.20 annualized dividend and a yield of 2.52%. eXp World’s dividend payout ratio is currently -181.82%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of EXPI. SBI Securities Co. Ltd. purchased a new position in eXp World in the fourth quarter worth $32,000. Brooklyn Investment Group boosted its position in eXp World by 880.8% in the first quarter. Brooklyn Investment Group now owns 4,806 shares of the technology company’s stock worth $47,000 after purchasing an additional 4,316 shares during the last quarter. Rossby Financial LCC purchased a new position in eXp World in the first quarter worth $51,000. Graney & King LLC purchased a new position in eXp World in the fourth quarter worth $58,000. Finally, US Bancorp DE boosted its position in eXp World by 1,608.8% in the first quarter. US Bancorp DE now owns 11,244 shares of the technology company’s stock worth $110,000 after purchasing an additional 10,586 shares during the last quarter. Hedge funds and other institutional investors own 27.17% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.