Glenn Darrel Sanford Sells 36,630 Shares of eXp World Holdings, Inc. (NASDAQ:EXPI) Stock

Posted by ABMN Staff on Dec 29th, 2024

eXp World Holdings, Inc. (NASDAQ:EXPI – Get Free Report) CEO Glenn Darrel Sanford sold 36,630 shares of the company’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $11.97, for a total transaction of $438,461.10. Following the completion of the transaction, the chief executive officer now directly owns 40,172,450 shares of the company’s stock, valued at approximately $480,864,226.50. The trade was a 0.09 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

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 shares were 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 shares were 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 shares were 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 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.
On Tuesday, October 22nd, Glenn Darrel Sanford sold 40,000 shares of eXp World stock. The shares were 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.

eXp World Stock Down 1.3 %

EXPI opened at $11.80 on Friday. The firm has a market cap of $1.81 billion, a price-to-earnings ratio of -53.64 and a beta of 2.26. eXp World Holdings, Inc. has a fifty-two week low of $8.91 and a fifty-two week high of $16.48. The company’s 50-day moving average price is $13.20 and its 200 day moving average price is $12.82.

eXp World Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Monday, November 18th were paid a dividend of $0.05 per share. The ex-dividend date was Monday, November 18th. This represents a $0.20 annualized dividend and a yield of 1.69%. eXp World’s dividend payout ratio (DPR) is -90.91%.

Institutional Investors Weigh In On eXp World

Institutional investors and hedge funds have recently bought and sold shares of the business. Point72 DIFC Ltd acquired a new stake in eXp World during the second quarter worth about $26,000. Meeder Asset Management Inc. bought a new position in eXp World in the 2nd quarter worth about $29,000. Allspring Global Investments Holdings LLC bought a new position in eXp World in the 3rd quarter worth about $30,000. Point72 Hong Kong Ltd bought a new position in eXp World in the 3rd quarter worth about $34,000. Finally, nVerses Capital LLC grew its position in eXp World by 102.2% in the 2nd quarter. nVerses Capital LLC now owns 9,100 shares of the technology company’s stock worth $103,000 after purchasing an additional 4,600 shares during the last quarter. Institutional investors and hedge funds 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.