eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells $636,000.00 in Stock

Posted by Anthony Miller on Nov 20th, 2024

eXp World Holdings, Inc. (NASDAQ:EXPI – Get Free Report) CEO Glenn Darrel Sanford sold 50,000 shares of the company’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $12.72, for a total value of $636,000.00. Following the completion of the transaction, the chief executive officer now owns 40,439,080 shares of the company’s stock, valued at $514,385,097.60. This trade represents a 0.12 % decrease in their position. 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 Tuesday, November 12th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were 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.
On Tuesday, October 22nd, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The shares were sold at an average price of $12.82, for a total value of $512,800.00.
On Tuesday, October 15th, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The shares were sold at an average price of $13.28, for a total value of $531,200.00.
On Tuesday, October 8th, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The shares were sold at an average price of $13.41, for a total value of $536,400.00.
On Tuesday, October 1st, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The stock was sold at an average price of $13.93, for a total transaction of $557,200.00.
On Tuesday, September 24th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were sold at an average price of $14.23, for a total transaction of $711,500.00.
On Thursday, September 19th, Glenn Darrel Sanford sold 1,251 shares of eXp World stock. The shares were sold at an average price of $15.00, for a total transaction of $18,765.00.
On Tuesday, September 17th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $14.49, for a total value of $724,500.00.

eXp World Trading Up 2.6 %

EXPI stock opened at $12.83 on Wednesday. The company’s 50 day moving average is $13.57 and its 200 day moving average is $12.56. The stock has a market cap of $1.97 billion, a price-to-earnings ratio of -56.86 and a beta of 2.31. eXp World Holdings, Inc. has a 1-year low of $8.91 and a 1-year high of $17.11.

eXp World Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Monday, November 18th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.56%. The ex-dividend date is Monday, November 18th. eXp World’s dividend payout ratio (DPR) is currently -90.91%.

Wall Street Analyst Weigh In

EXPI has been the subject of several analyst reports. DA Davidson raised their target price on eXp World from $11.75 to $13.50 and gave the stock a “neutral” rating in a research note on Thursday, August 1st. BTIG Research upgraded shares of eXp World from a “sell” rating to a “neutral” rating in a research report on Tuesday, July 23rd.

Get Our Latest Stock Report on EXPI

Institutional Trading of eXp World

Hedge funds have recently made changes to their positions in the stock. Millennium Management LLC raised its position in eXp World by 91.7% during the second quarter. Millennium Management LLC now owns 1,377,365 shares of the technology company’s stock valued at $15,544,000 after purchasing an additional 659,012 shares in the last quarter. Vident Advisory LLC increased its position in shares of eXp World by 594.0% during the 1st quarter. Vident Advisory LLC now owns 289,831 shares of the technology company’s stock valued at $2,994,000 after purchasing an additional 248,070 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of eXp World by 16.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,288,349 shares of the technology company’s stock valued at $18,153,000 after buying an additional 183,823 shares in the last quarter. Algert Global LLC lifted its position in eXp World by 147.6% in the 3rd quarter. Algert Global LLC now owns 296,085 shares of the technology company’s stock worth $4,172,000 after buying an additional 176,509 shares during the last quarter. Finally, FMR LLC boosted its stake in eXp World by 4,338.7% in the third quarter. FMR LLC now owns 123,885 shares of the technology company’s stock worth $1,746,000 after buying an additional 121,094 shares in the last quarter. 27.17% of the stock is owned by institutional investors.

eXp World Company Profile

(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.