eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford Sells 50,000 Shares

Posted by Irma Garcia on Nov 21st, 2024

eXp World Holdings, Inc. (NASDAQ:EXPI – Get Free Report) CEO Glenn Darrel Sanford sold 50,000 shares of eXp World stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $12.72, for a total transaction of $636,000.00. Following the sale, the chief executive officer now owns 40,439,080 shares in the company, valued at approximately $514,385,097.60. This represents a 0.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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 value 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 stock was 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 stock was 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 transaction of $724,500.00.

eXp World Trading Up 0.1 %

EXPI stock opened at $12.84 on Thursday. eXp World Holdings, Inc. has a one year low of $8.91 and a one year high of $17.11. The firm has a 50-day moving average of $13.58 and a two-hundred day moving average of $12.57. The firm has a market capitalization of $1.97 billion, a PE ratio of -58.36 and a beta of 2.31.

eXp World Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders 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 yield of 1.56%. The ex-dividend date of this dividend is Monday, November 18th. eXp World’s payout ratio is -90.91%.

Institutional Trading of eXp World

Large investors have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC grew its holdings in shares of eXp World by 552.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 12,042 shares of the technology company’s stock valued at $124,000 after buying an additional 10,195 shares in the last quarter. Edgestream Partners L.P. acquired a new stake in eXp World during the 1st quarter worth about $578,000. Vanguard Group Inc. grew its stake in eXp World by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 12,109,705 shares of the technology company’s stock valued at $125,093,000 after acquiring an additional 107,303 shares in the last quarter. Harbor Capital Advisors Inc. increased its holdings in shares of eXp World by 91.9% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 116,517 shares of the technology company’s stock valued at $1,642,000 after purchasing an additional 55,814 shares during the period. Finally, CWA Asset Management Group LLC acquired a new stake in shares of eXp World during the third quarter worth approximately $519,000. 27.17% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, DA Davidson lifted their target price on eXp World from $11.75 to $13.50 and gave the stock a “neutral” rating in a report on Thursday, August 1st.

Read 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.