Insider Selling: eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells $268,500.00 in Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 25,000 shares of eXp World stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $10.74, for a total value 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 trade represents a 0.06 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, 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 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 shares were 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 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 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 shares were 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.
• On Tuesday, November 5th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were 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 Price Performance

EXPI opened at $11.53 on Friday. eXp World Holdings, Inc. has a fifty-two week low of $8.91 and a fifty-two week high of $15.39. The firm has a market capitalization of $1.77 billion, a PE ratio of -52.39 and a beta of 2.30. The company’s 50-day moving average is $12.63 and its 200 day moving average is $12.85.

eXp World Dividend Announcement

The business also recently announced 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 of this dividend was Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.74%. eXp World’s dividend payout ratio is presently -90.91%.

Institutional Investors Weigh In On eXp World

Several institutional investors have recently bought and sold shares of the stock. 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 eXp World during the second quarter worth about $26,000. Point72 Hong Kong Ltd bought a new stake in eXp World in the 3rd quarter worth about $34,000. Meeder Asset Management Inc. purchased a new stake in eXp World in the 2nd quarter valued at about $29,000. Finally, IHT Wealth Management LLC bought a new position in shares of eXp World during the 3rd quarter worth approximately $145,000. 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.