Insider Selling: eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells $286,000.00 in Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 25,000 shares of the stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $11.44, for a total value of $286,000.00. Following the transaction, the chief executive officer now directly owns 40,097,450 shares of the company’s stock, valued at approximately $458,714,828. The trade was a 0.06 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Monday, January 13th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $10.74, for a total value of $268,500.00.
• 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 transaction 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 transaction 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 value 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 shares were sold at an average price of $13.87, for a total value 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 transaction 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 transaction of $636,000.00.
• On Tuesday, November 12th, Glenn Darrel Sanford sold 50,000 shares of eXp World stock. The shares were 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.

eXp World Stock Performance

EXPI opened at $11.07 on Friday. eXp World Holdings, Inc. has a one year low of $8.91 and a one year high of $15.39. The stock has a market cap of $1.70 billion, a price-to-earnings ratio of -50.32 and a beta of 2.30. The stock’s 50 day moving average price is $12.38 and its 200-day moving average price is $12.88.

eXp World Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, November 18th were paid 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 yield of 1.81%. eXp World’s payout ratio is -90.91%.

Institutional Trading of eXp World

Institutional investors and hedge funds have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC purchased a new position in eXp World in the 3rd quarter worth about $30,000. Point72 DIFC Ltd purchased a new position in shares of eXp World during the second quarter worth approximately $26,000. Point72 Hong Kong Ltd bought a new stake in shares of eXp World during the third quarter valued at approximately $34,000. IHT Wealth Management LLC bought a new stake in shares of eXp World during the third quarter valued at approximately $145,000. Finally, Everence Capital Management Inc. bought a new position in eXp World in the third quarter worth approximately $153,000. 27.17% of the stock is currently owned by institutional investors.

About eXp World

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.