Insider Selling: eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells 40,000 Shares of Stock

Posted by Clark Linder on Oct 31st, 2024

eXp World Holdings, Inc. (NASDAQ:EXPI – Get Free Report) CEO Glenn Darrel Sanford sold 40,000 shares of the stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $12.88, for a total transaction of $515,200.00. Following the sale, the chief executive officer now owns 40,589,780 shares of the company’s stock, valued at approximately $522,796,366.40. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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

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 stock was 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 shares were 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 shares were sold at an average price of $14.49, for a total value of $724,500.00.
On Tuesday, September 10th, Glenn Darrel Sanford sold 59,935 shares of eXp World stock. The stock was sold at an average price of $12.41, for a total value of $743,793.35.
On Tuesday, September 3rd, Glenn Darrel Sanford sold 26,630 shares of eXp World stock. The shares were sold at an average price of $11.82, for a total value of $314,766.60.
On Tuesday, August 27th, Glenn Darrel Sanford sold 44,616 shares of eXp World stock. The stock was sold at an average price of $12.98, for a total value of $579,115.68.

eXp World Trading Down 0.6 %

eXp World stock opened at $12.80 on Thursday. eXp World Holdings, Inc. has a 12 month low of $8.91 and a 12 month high of $17.11. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of -75.29 and a beta of 2.30. The business’s fifty day simple moving average is $13.16 and its two-hundred day simple moving average is $12.20.

eXp World (NASDAQ:EXPI – Get Free Report) last announced its quarterly earnings results on Wednesday, July 31st. The technology company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The firm had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.30 billion. eXp World had a negative return on equity of 0.56% and a negative net margin of 0.52%. The business’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.06 EPS. On average, equities research analysts predict that eXp World Holdings, Inc. will post 0.09 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in EXPI. Allspring Global Investments Holdings LLC bought a new stake in shares of eXp World during the third quarter valued at approximately $30,000. Point72 DIFC Ltd bought a new stake in shares of eXp World in the 2nd quarter worth $26,000. Meeder Asset Management Inc. purchased a new position in shares of eXp World in the second quarter worth $29,000. PNC Financial Services Group Inc. raised its stake in shares of eXp World by 29.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,481 shares of the technology company’s stock worth $116,000 after purchasing an additional 1,681 shares during the last quarter. Finally, nVerses Capital LLC lifted its holdings in shares of eXp World by 102.2% during the second quarter. nVerses Capital LLC now owns 9,100 shares of the technology company’s stock valued at $103,000 after purchasing an additional 4,600 shares in the last quarter. Institutional investors own 27.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on EXPI shares. BTIG Research raised shares of eXp World from a “sell” rating to a “neutral” rating in a research report on Tuesday, July 23rd. DA Davidson raised their target price on shares of eXp World from $11.75 to $13.50 and gave the company a “neutral” rating in a research note on Thursday, August 1st.

View Our Latest Stock Analysis on eXp World

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.