Penny Sanford Sells 40,000 Shares of eXp World Holdings, Inc. (NASDAQ:EXPI) Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) major shareholder Penny Sanford sold 40,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 12th. The shares were sold at an average price of $43.53, for a total transaction of $1,741,200.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Penny Sanford also recently made the following trade(s):

  • On Wednesday, September 15th, Penny Sanford sold 40,000 shares of eXp World stock. The stock was sold at an average price of $44.53, for a total transaction of $1,781,200.00.
  • On Thursday, August 19th, Penny Sanford sold 40,000 shares of eXp World stock. The stock was sold at an average price of $40.73, for a total transaction of $1,629,200.00.

Shares of eXp World stock traded up $2.44 during trading on Wednesday, hitting $45.90. The company’s stock had a trading volume of 921,185 shares, compared to its average volume of 1,563,347. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.64 and a quick ratio of 2.64. eXp World Holdings, Inc. has a 52 week low of $20.01 and a 52 week high of $90.00. The stock has a market cap of $6.72 billion, a price-to-earnings ratio of 109.29 and a beta of 3.01. The stock has a 50-day moving average price of $45.54 and a two-hundred day moving average price of $39.04.

eXp World (NASDAQ:EXPI) last issued its quarterly earnings data on Wednesday, August 4th. The technology company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.19. eXp World had a net margin of 2.34% and a return on equity of 45.37%. The company had revenue of $999.89 million for the quarter, compared to analysts’ expectations of $728.82 million. During the same quarter in the previous year, the firm posted $0.06 earnings per share. eXp World’s revenue for the quarter was up 182.8% on a year-over-year basis. On average, equities analysts predict that eXp World Holdings, Inc. will post 0.4 EPS for the current fiscal year.

The company also recently declared a — dividend, which was paid on Monday, August 30th. Shareholders of record on Monday, August 16th were given a dividend of $0.04 per share. The ex-dividend date was Friday, August 13th. eXp World’s dividend payout ratio (DPR) is currently 19.05%.

Several research analysts have recently issued reports on EXPI shares. UBS Group reiterated a “sell” rating on shares of eXp World in a report on Tuesday, September 14th. Zacks Investment Research downgraded shares of eXp World from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 6th. DA Davidson upped their price target on shares of eXp World from $62.00 to $66.00 and gave the stock a “buy” rating in a report on Thursday, August 5th. Berenberg Bank initiated coverage on shares of eXp World in a report on Wednesday, July 21st. They set a “buy” rating and a $53.00 price target for the company. Finally, TheStreet raised shares of eXp World from a “c” rating to a “b” rating in a research note on Wednesday, August 18th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $58.00.

Institutional investors and hedge funds have recently modified their holdings of the business. IFP Advisors Inc bought a new stake in eXp World during the second quarter valued at $27,000. Captrust Financial Advisors boosted its position in eXp World by 451.8% during the first quarter. Captrust Financial Advisors now owns 1,214 shares of the technology company’s stock valued at $55,000 after acquiring an additional 994 shares during the last quarter. Lazard Asset Management LLC boosted its position in eXp World by 100.0% during the first quarter. Lazard Asset Management LLC now owns 1,396 shares of the technology company’s stock valued at $63,000 after acquiring an additional 698 shares during the last quarter. Amundi Asset Management US Inc. bought a new stake in eXp World during the first quarter valued at $68,000. Finally, Great West Life Assurance Co. Can boosted its position in eXp World by 157.0% during the first quarter. Great West Life Assurance Co. Can now owns 3,670 shares of the technology company’s stock valued at $166,000 after acquiring an additional 2,242 shares during the last quarter. 20.98% of the stock is currently owned by institutional investors and hedge funds.

About eXp World

eXp World Holdings, Inc operates as a cloud-based real estate brokerage firm. It focuses on the development and use of cloud-based technologies in order to grow an international brokerage without the burden of physical brick and mortar offices and redundant staffing costs. The firm offers software subscriptions to customers to access its virtual reality software platform through VirBELA.

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Insider Buying and Selling by Quarter for eXp World (NASDAQ:EXPI)

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