Insider Selling: eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells 25,000 Shares of Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $10.74, for a total transaction of $268,500.00. Following the completion of the transaction, the chief executive officer now directly owns 40,122,450 shares of the company’s stock, valued at approximately $430,915,113. This represents a 0.06 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Monday, January 6th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was 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 stock was 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 stock was sold at an average price of $13.00, for a total value of $650,000.00.
• On Tuesday, December 3rd, Glenn Darrel Sanford sold 49,881 shares of eXp World stock. The stock was 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 stock was 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 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 shares were sold at an average price of $12.88, for a total transaction of $515,200.00.

eXp World Stock Performance

Shares of NASDAQ:EXPI traded down $0.21 on Tuesday, reaching $10.69. The company’s stock had a trading volume of 257,830 shares, compared to its average volume of 889,638. The company has a market cap of $1.64 billion, a P/E ratio of -48.59 and a beta of 2.30. eXp World Holdings, Inc. has a 52-week low of $8.91 and a 52-week high of $15.39. The company has a 50-day simple moving average of $12.83 and a 200 day simple moving average of $12.88.

eXp World Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, November 18th were issued a $0.05 dividend. The ex-dividend date was Monday, November 18th. This represents a $0.20 annualized dividend and a dividend yield of 1.87%. eXp World’s dividend payout ratio (DPR) is presently -90.91%.

Institutional Investors Weigh In On eXp World

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Nordea Investment Management AB lifted its stake in shares of eXp World by 4.8% during the fourth quarter. Nordea Investment Management AB now owns 369,266 shares of the technology company’s stock valued at $4,328,000 after buying an additional 16,807 shares during the period. JPMorgan Chase & Co. raised its position in shares of eXp World by 17.0% in the third quarter. JPMorgan Chase & Co. now owns 520,419 shares of the technology company’s stock valued at $7,333,000 after purchasing an additional 75,431 shares during the period. Principal Financial Group Inc. raised its position in eXp World by 3.9% in the third quarter. Principal Financial Group Inc. now owns 400,286 shares of the technology company’s stock worth $5,640,000 after purchasing an additional 15,024 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of eXp World by 5.6% in the third quarter. Geode Capital Management LLC now owns 2,211,172 shares of the technology company’s stock valued at $31,161,000 after purchasing an additional 118,210 shares in the last quarter. Finally, Valued Retirements Inc. bought a new position in eXp World during the third quarter worth about $955,000. Institutional investors and hedge funds 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.