eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford Sells 25,000 Shares

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 25,000 shares of eXp World stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $11.59, for a total transaction of $289,750.00. Following the sale, the chief executive officer now owns 40,072,450 shares of the company’s stock, valued at approximately $464,439,695.50. This represents a 0.06 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Tuesday, January 21st, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $11.44, for a total transaction of $286,000.00.
• On Monday, January 13th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $10.74, for a total value of $268,500.00.
• On Monday, January 6th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $11.52, for a total value of $288,000.00.
• On Thursday, December 26th, Glenn Darrel Sanford sold 36,630 shares of eXp World stock. The shares were sold at an average price of $11.97, for a total value of $438,461.10.
• On Tuesday, December 17th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The stock was sold at an average price of $12.60, for a total transaction of $630,000.00.
• On Tuesday, December 10th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were sold at an average price of $13.00, for a total transaction of $650,000.00.
• 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 transaction 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 stock was 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 stock was sold at an average price of $14.48, for a total value of $724,000.00.

eXp World Stock Up 2.9 %

Shares of NASDAQ:EXPI opened at $11.76 on Wednesday. eXp World Holdings, Inc. has a fifty-two week low of $8.91 and a fifty-two week high of $15.39. The stock has a market cap of $1.81 billion, a price-to-earnings ratio of -53.45 and a beta of 2.30. The firm’s 50 day moving average price is $12.27 and its 200 day moving average price is $12.88.

eXp World Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Monday, November 18th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.70%. eXp World’s payout ratio is currently -90.91%.

Hedge Funds Weigh In On eXp World

Several large investors have recently bought and sold shares of EXPI. Allspring Global Investments Holdings LLC purchased a new position in eXp World during the 3rd quarter worth $30,000. Point72 DIFC Ltd purchased a new position in shares of eXp World during the second quarter worth about $26,000. Point72 Hong Kong Ltd purchased a new position in shares of eXp World during the third quarter worth about $34,000. IHT Wealth Management LLC acquired a new position in eXp World in the 3rd quarter valued at about $145,000. Finally, Everence Capital Management Inc. purchased a new stake in eXp World during the 3rd quarter valued at approximately $153,000. Hedge funds and other institutional investors own 27.17% of the company’s stock.

eXp World Company Profile

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.