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

Posted by Maddie Sorensen on Nov 8th, 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 Tuesday, November 5th. The shares were sold at an average price of $14.11, for a total value of $705,500.00. Following the sale, the chief executive officer now owns 40,539,780 shares of the company’s stock, valued at approximately $572,016,295.80. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

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.
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 transaction 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 transaction 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 value 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 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 transaction of $18,765.00.
On Tuesday, September 17th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were sold at an average price of $14.49, for a total transaction 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 transaction of $743,793.35.
On Tuesday, September 3rd, Glenn Darrel Sanford sold 26,630 shares of eXp World stock. The shares were sold at an average price of $11.82, for a total value of $314,766.60.

eXp World Stock Performance

Shares of EXPI opened at $14.77 on Friday. The company has a 50-day simple moving average of $13.30 and a 200-day simple moving average of $12.36. eXp World Holdings, Inc. has a 52 week low of $8.91 and a 52 week high of $17.11. The firm has a market capitalization of $2.27 billion, a P/E ratio of -98.47 and a beta of 2.31.

Wall Street Analyst Weigh In

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

Get Our Latest Analysis on EXPI

Institutional Trading of eXp World

Hedge funds have recently modified their holdings of the company. Point72 DIFC Ltd bought a new stake in shares of eXp World during the second quarter valued at approximately $26,000. Meeder Asset Management Inc. bought a new stake in eXp World in the 2nd quarter valued at $29,000. Allspring Global Investments Holdings LLC acquired a new position in shares of eXp World in the 3rd quarter valued at $30,000. nVerses Capital LLC lifted its holdings in shares of eXp World by 102.2% during the 2nd quarter. nVerses Capital LLC now owns 9,100 shares of the technology company’s stock worth $103,000 after acquiring an additional 4,600 shares during the period. Finally, Financial Advocates Investment Management acquired a new stake in shares of eXp World during the 2nd quarter valued at about $117,000. Institutional investors own 27.17% of the company’s stock.

About eXp World

(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.