eXp World Holdings Inc (NASDAQ:EXPI) CEO Sells $184,900.00 in Stock

eXp World Holdings Inc (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 10,000 shares of the company’s stock in a transaction on Tuesday, July 21st. The stock was sold at an average price of $18.49, for a total transaction of $184,900.00. Following the completion of the transaction, the chief executive officer now directly owns 20,790,214 shares in the company, valued at approximately $384,411,056.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of EXPI opened at $18.59 on Friday. eXp World Holdings Inc has a fifty-two week low of $6.51 and a fifty-two week high of $21.22. The firm has a market cap of $1.24 billion, a price-to-earnings ratio of -309.83 and a beta of 2.99. The firm has a 50 day moving average price of $15.07 and a 200-day moving average price of $10.98. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.08 and a current ratio of 2.08.

A number of large investors have recently modified their holdings of EXPI. Renaissance Technologies LLC lifted its stake in eXp World by 180.3% in the fourth quarter. Renaissance Technologies LLC now owns 247,029 shares of the technology company’s stock worth $2,799,000 after purchasing an additional 158,900 shares during the last quarter. D.A. Davidson & CO. bought a new stake in shares of eXp World in the 1st quarter valued at about $655,000. Biltmore Family Office LLC bought a new stake in shares of eXp World in the 1st quarter valued at about $508,000. State Street Corp boosted its holdings in eXp World by 13.0% during the 1st quarter. State Street Corp now owns 381,952 shares of the technology company’s stock valued at $3,231,000 after acquiring an additional 43,847 shares during the period. Finally, Goldman Sachs Group Inc. bought a new position in eXp World during the 4th quarter worth approximately $482,000. Institutional investors own 12.39% of the company’s stock.

Several research analysts have recently commented on the company. BidaskClub raised eXp World from a “buy” rating to a “strong-buy” rating in a report on Wednesday, June 24th. DA Davidson boosted their price target on shares of eXp World from $15.00 to $18.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Finally, Zacks Investment Research cut shares of eXp World from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 7th. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. eXp World presently has an average rating of “Buy” and a consensus target price of $15.00.

About eXp World

eXp World Holdings, Inc provides cloud-based real estate brokerage services for residential real estate market in the United States and Canada. The company facilitates buyers to search real-time property listings and sellers to list their properties through its Website, exprealty.com; and provides buyers and sellers access to a network of professional, consumer-centric agents, and brokers.

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