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 business’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $10.74, for a total transaction of $268,500.00. Following the completion of the sale, the chief executive officer now directly owns 40,122,450 shares of the company’s stock, valued at approximately $430,915,113. This trade represents a 0.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Monday, January 6th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $11.52, for a total transaction of $288,000.00.
• 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 transaction of $650,000.00.
• On Tuesday, December 3rd, Glenn Darrel Sanford sold 49,881 shares of eXp World stock. The stock was sold at an average price of $13.87, for a total transaction of $691,849.47.
• On Monday, November 25th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was 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 stock was 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 transaction of $724,000.00.
• On Tuesday, November 5th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $14.11, for a total transaction 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.

eXp World Stock Up 7.9 %

NASDAQ:EXPI opened at $11.32 on Thursday. eXp World Holdings, Inc. has a 52 week low of $8.91 and a 52 week high of $15.39. The firm has a 50 day moving average of $12.69 and a 200 day moving average of $12.86. The stock has a market capitalization of $1.74 billion, a price-to-earnings ratio of -51.45 and a beta of 2.30.

eXp World Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Monday, November 18th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a yield of 1.77%. eXp World’s payout ratio is -90.91%.

Institutional Investors Weigh In On eXp World

A number of hedge funds and other institutional investors have recently bought and sold shares of EXPI. Commonwealth Equity Services LLC increased its stake in eXp World by 8.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 23,896 shares of the technology company’s stock valued at $270,000 after purchasing an additional 1,768 shares in the last quarter. Rhumbline Advisers increased its stake in eXp World by 4.7% during the 2nd quarter. Rhumbline Advisers now owns 223,543 shares of the technology company’s stock valued at $2,523,000 after purchasing an additional 9,979 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in eXp World during the 2nd quarter valued at approximately $29,000. Dimensional Fund Advisors LP increased its stake in eXp World by 29.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 240,099 shares of the technology company’s stock valued at $2,709,000 after purchasing an additional 55,031 shares in the last quarter. Finally, Citizens Financial Group Inc. RI acquired a new position in eXp World during the 2nd quarter valued at approximately $873,000. Hedge funds and other institutional investors own 27.17% of the company’s stock.

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.