eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells $650,000.00 in Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 50,000 shares of the stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $13.00, for a total value of $650,000.00. Following the sale, the chief executive officer now directly owns 40,289,080 shares in the company, valued at $523,758,040. This trade represents a 0.12 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

• 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 value 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 value of $636,000.00.
• 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 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 transaction of $512,800.00.
• On Tuesday, October 15th, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The stock was sold at an average price of $13.28, for a total transaction of $531,200.00.
• On Tuesday, October 8th, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The stock was sold at an average price of $13.41, for a total transaction 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.

eXp World Stock Performance

NASDAQ:EXPI traded up $0.18 during midday trading on Wednesday, reaching $13.27. 254,989 shares of the stock traded hands, compared to its average volume of 988,477. The company has a fifty day moving average of $13.47 and a 200 day moving average of $12.70. The stock has a market capitalization of $2.04 billion, a P/E ratio of -59.50 and a beta of 2.27. eXp World Holdings, Inc. has a 12 month low of $8.91 and a 12 month high of $17.11.

eXp World Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, November 18th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date of this dividend was Monday, November 18th. eXp World’s payout ratio is currently -90.91%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in EXPI. Louisiana State Employees Retirement System grew its position in shares of eXp World by 2.4% in the 2nd quarter. Louisiana State Employees Retirement System now owns 39,000 shares of the technology company’s stock worth $440,000 after buying an additional 900 shares during the period. Financial Advocates Investment Management grew its position in shares of eXp World by 9.6% in the 3rd quarter. Financial Advocates Investment Management now owns 11,380 shares of the technology company’s stock worth $160,000 after buying an additional 1,000 shares during the period. Amalgamated Bank grew its position in shares of eXp World by 6.1% in the 3rd quarter. Amalgamated Bank now owns 24,396 shares of the technology company’s stock worth $344,000 after buying an additional 1,412 shares during the period. Olympiad Research LP grew its position in shares of eXp World by 4.7% in the 3rd quarter. Olympiad Research LP now owns 38,846 shares of the technology company’s stock worth $547,000 after buying an additional 1,734 shares during the period. Finally, Commonwealth Equity Services LLC grew its position in shares of eXp World by 8.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 23,896 shares of the technology company’s stock worth $270,000 after buying an additional 1,768 shares during the period. 27.17% of the stock is owned by hedge funds and other institutional investors.

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.