eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells $288,000.00 in Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 25,000 shares of the firm’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $11.52, for a total transaction of $288,000.00. Following the completion of the transaction, the chief executive officer now owns 40,147,450 shares of the company’s stock, valued at approximately $462,498,624. The trade was a 0.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Thursday, December 26th, Glenn Darrel Sanford sold 36,630 shares of eXp World stock. The shares were sold at an average price of $11.97, for a total transaction of $438,461.10.
• On Tuesday, December 17th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $12.60, for a total transaction of $630,000.00.
• On Tuesday, December 10th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $13.00, for a total value of $650,000.00.
• On Tuesday, December 3rd, Glenn Darrel Sanford sold 49,881 shares of eXp World stock. The shares were sold at an average price of $13.87, for a total value of $691,849.47.
• On Monday, November 25th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were sold at an average price of $14.41, for a total transaction of $720,500.00.
• On Monday, November 18th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were sold at an average price of $12.72, for a total transaction of $636,000.00.
• On Tuesday, November 12th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $14.48, for a total value of $724,000.00.
• On Tuesday, November 5th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were sold at an average price of $14.11, for a total value of $705,500.00.
• On Tuesday, October 29th, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The stock was sold at an average price of $12.88, for a total transaction of $515,200.00.
• On Tuesday, October 22nd, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The stock was sold at an average price of $12.82, for a total value of $512,800.00.

eXp World Stock Performance

Shares of eXp World stock traded down $0.31 on Tuesday, reaching $11.13. The stock had a trading volume of 1,025,211 shares, compared to its average volume of 1,035,728. 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 price is $13.04 and its two-hundred day moving average price is $12.87. The stock has a market cap of $1.71 billion, a P/E ratio of -50.59 and a beta of 2.30.

eXp World Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, November 18th were paid a $0.05 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.20 annualized dividend and a dividend yield of 1.80%. eXp World’s payout ratio is -90.91%.

Hedge Funds Weigh In On eXp World

Several large investors have recently bought and sold shares of the stock. Nordea Investment Management AB increased its holdings in shares of eXp World by 4.8% during the 4th quarter. Nordea Investment Management AB now owns 369,266 shares of the technology company’s stock worth $4,328,000 after purchasing an additional 16,807 shares during the period. JPMorgan Chase & Co. lifted its position in eXp World by 17.0% in the third quarter. JPMorgan Chase & Co. now owns 520,419 shares of the technology company’s stock worth $7,333,000 after purchasing an additional 75,431 shares during the period. Principal Financial Group Inc. boosted its stake in eXp World by 3.9% during the third quarter. Principal Financial Group Inc. now owns 400,286 shares of the technology company’s stock worth $5,640,000 after buying an additional 15,024 shares in the last quarter. Geode Capital Management LLC increased its holdings in eXp World by 5.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,211,172 shares of the technology company’s stock valued at $31,161,000 after buying an additional 118,210 shares during the period. Finally, Valued Retirements Inc. acquired a new position in shares of eXp World in the 3rd quarter valued at $955,000. 27.17% of the stock is currently owned by institutional investors and hedge funds.

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.