eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford Sells 12,500 Shares

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Glenn Darrel Sanford sold 12,500 shares of the stock in a transaction on Tuesday, October 12th. The stock was sold at an average price of $43.58, for a total value of $544,750.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Tuesday, October 5th, Glenn Darrel Sanford sold 12,500 shares of eXp World stock. The stock was sold at an average price of $39.66, for a total value of $495,750.00.
  • On Tuesday, September 28th, Glenn Darrel Sanford sold 12,500 shares of eXp World stock. The stock was sold at an average price of $45.18, for a total value of $564,750.00.
  • On Tuesday, September 21st, Glenn Darrel Sanford sold 12,500 shares of eXp World stock. The shares were sold at an average price of $43.90, for a total value of $548,750.00.
  • On Tuesday, September 14th, Glenn Darrel Sanford sold 12,500 shares of eXp World stock. The shares were sold at an average price of $45.38, for a total value of $567,250.00.
  • On Tuesday, September 7th, Glenn Darrel Sanford sold 12,500 shares of eXp World stock. The shares were sold at an average price of $50.46, for a total value of $630,750.00.
  • On Tuesday, August 31st, Glenn Darrel Sanford sold 12,500 shares of eXp World stock. The shares were sold at an average price of $45.21, for a total value of $565,125.00.
  • On Tuesday, August 17th, Glenn Darrel Sanford sold 12,500 shares of eXp World stock. The shares were sold at an average price of $42.86, for a total value of $535,750.00.
  • On Tuesday, August 3rd, Glenn Darrel Sanford sold 200 shares of eXp World stock. The shares were sold at an average price of $35.00, for a total value of $7,000.00.
  • On Tuesday, July 27th, Glenn Darrel Sanford sold 12,500 shares of eXp World stock. The stock was sold at an average price of $35.66, for a total value of $445,750.00.
  • On Tuesday, July 20th, Glenn Darrel Sanford sold 2,000 shares of eXp World stock. The stock was sold at an average price of $35.02, for a total value of $70,040.00.

NASDAQ:EXPI opened at $45.90 on Thursday. The company has a market capitalization of $6.72 billion, a price-to-earnings ratio of 103.48 and a beta of 3.01. eXp World Holdings, Inc. has a one year low of $20.01 and a one year high of $90.00. The stock has a 50-day simple moving average of $45.54 and a 200 day simple moving average of $39.04. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.64 and a current ratio of 2.64.

eXp World (NASDAQ:EXPI) last posted its quarterly earnings results on Wednesday, August 4th. The technology company reported $0.24 EPS for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.19. eXp World had a return on equity of 45.37% and a net margin of 2.34%. The business had revenue of $999.89 million during the quarter, compared to the consensus estimate of $728.82 million. During the same period last year, the firm earned $0.06 earnings per share. The company’s revenue for the quarter was up 182.8% compared to the same quarter last year. On average, equities research analysts forecast that eXp World Holdings, Inc. will post 0.4 EPS for the current fiscal year.

The business also recently announced a — dividend, which was paid on Monday, August 30th. Shareholders of record on Monday, August 16th were paid a $0.04 dividend. The ex-dividend date was Friday, August 13th. eXp World’s payout ratio is currently 19.05%.

Hedge funds have recently modified their holdings of the business. Prudential Financial Inc. boosted its stake in eXp World by 172.2% in the first quarter. Prudential Financial Inc. now owns 106,960 shares of the technology company’s stock valued at $4,872,000 after acquiring an additional 67,670 shares during the period. Federated Hermes Inc. boosted its stake in eXp World by 227.8% in the first quarter. Federated Hermes Inc. now owns 99,164 shares of the technology company’s stock valued at $4,517,000 after acquiring an additional 68,909 shares during the period. BCJ Capital Management LLC boosted its stake in eXp World by 125.3% in the first quarter. BCJ Capital Management LLC now owns 7,233 shares of the technology company’s stock valued at $329,000 after acquiring an additional 4,023 shares during the period. Dimensional Fund Advisors LP boosted its stake in eXp World by 187.0% in the first quarter. Dimensional Fund Advisors LP now owns 238,708 shares of the technology company’s stock valued at $10,873,000 after acquiring an additional 155,529 shares during the period. Finally, APG Asset Management N.V. boosted its stake in eXp World by 45.0% in the first quarter. APG Asset Management N.V. now owns 200,384 shares of the technology company’s stock valued at $7,766,000 after acquiring an additional 62,142 shares during the period. Institutional investors own 20.98% of the company’s stock.

A number of brokerages have recently issued reports on EXPI. Zacks Investment Research lowered eXp World from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 6th. TheStreet raised eXp World from a “c” rating to a “b” rating in a research report on Wednesday, August 18th. DA Davidson lifted their target price on eXp World from $62.00 to $66.00 and gave the stock a “buy” rating in a research report on Thursday, August 5th. Berenberg Bank initiated coverage on eXp World in a research note on Wednesday, July 21st. They issued a “buy” rating and a $53.00 price target for the company. Finally, UBS Group reiterated a “sell” rating on shares of eXp World in a research note on Tuesday, September 14th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, eXp World currently has an average rating of “Hold” and a consensus target price of $58.00.

About eXp World

eXp World Holdings, Inc operates as a cloud-based real estate brokerage firm. It focuses on the development and use of cloud-based technologies in order to grow an international brokerage without the burden of physical brick and mortar offices and redundant staffing costs. The firm offers software subscriptions to customers to access its virtual reality software platform through VirBELA.

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