eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford Sells 25,000 Shares

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 25,000 shares of the company’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $11.52, for a total transaction of $288,000.00. Following the completion of the sale, the chief executive officer now directly owns 40,147,450 shares of the company’s stock, valued at $462,498,624. This trade represents a 0.06 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Thursday, December 26th, Glenn Darrel Sanford sold 36,630 shares of eXp World stock. The stock was 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 shares were 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 stock was 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 shares were 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 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 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 stock was sold at an average price of $12.88, for a total value 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 value of $512,800.00.

eXp World Stock Performance

Shares of EXPI stock opened at $11.13 on Wednesday. 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 cap of $1.71 billion, a P/E ratio of -50.59 and a beta of 2.30. The business’s 50 day moving average price is $13.04 and its 200-day moving average price is $12.87.

eXp World Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Monday, November 18th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.80%. The ex-dividend date was Monday, November 18th. eXp World’s dividend payout ratio (DPR) is currently -90.91%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in EXPI. Point72 DIFC Ltd bought a new stake in shares of eXp World during the 2nd quarter valued at about $26,000. Meeder Asset Management Inc. bought a new stake in eXp World during the 2nd quarter valued at approximately $29,000. Allspring Global Investments Holdings LLC bought a new stake in eXp World during the 3rd quarter valued at approximately $30,000. Point72 Hong Kong Ltd purchased a new position in shares of eXp World during the 3rd quarter worth approximately $34,000. Finally, Headlands Technologies LLC bought a new position in shares of eXp World in the 2nd quarter worth approximately $145,000. 27.17% of the stock is owned by hedge funds and other 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.