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

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 50,000 shares of eXp World stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $14.48, for a total value of $724,000.00. Following the completion of the transaction, the chief executive officer now owns 40,489,080 shares of the company’s stock, valued at $586,281,878.40. The trade was a 0.12 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

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

• 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 value 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 stock was 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 shares were 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 stock was sold at an average price of $13.93, for a total value 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 value 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 value 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 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.

eXp World Stock Down 2.6 %

Shares of NASDAQ EXPI opened at $13.56 on Friday. eXp World Holdings, Inc. has a fifty-two week low of $8.91 and a fifty-two week high of $17.11. The business has a 50 day moving average price of $13.50 and a two-hundred day moving average price of $12.49. The firm has a market cap of $2.08 billion, a PE ratio of -61.64 and a beta of 2.31.

eXp World Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Monday, November 18th will be given a $0.05 dividend. The ex-dividend date is Monday, November 18th. This represents a $0.20 annualized dividend and a dividend yield of 1.47%. eXp World’s payout ratio is -90.91%.

Analysts Set New Price Targets

EXPI has been the subject of a number of recent research reports. DA Davidson increased their target price on eXp World from $11.75 to $13.50 and gave the company a “neutral” rating in a research note on Thursday, August 1st. BTIG Research upgraded eXp World from a “sell” rating to a “neutral” rating in a research note on Tuesday, July 23rd.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised 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. Copeland Capital Management LLC raised its stake in eXp World by 2.4% during the 3rd quarter. Copeland Capital Management LLC now owns 4,011,378 shares of the technology company’s stock valued at $56,520,000 after acquiring an additional 94,493 shares in the last quarter. Renaissance Technologies LLC raised its stake in eXp World by 6.0% during the 2nd quarter. Renaissance Technologies LLC now owns 1,803,116 shares of the technology company’s stock valued at $20,348,000 after acquiring an additional 101,600 shares in the last quarter. Millennium Management LLC raised its stake in eXp World by 91.7% during the 2nd quarter. Millennium Management LLC now owns 1,377,365 shares of the technology company’s stock valued at $15,544,000 after acquiring an additional 659,012 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in eXp World by 16.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,288,349 shares of the technology company’s stock valued at $18,153,000 after acquiring an additional 183,823 shares in the last quarter. 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.