eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells $1,075,200.00 in Stock

eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Jason Gesing sold 40,000 shares of the company’s stock in a transaction dated Monday, January 10th. The stock was sold at an average price of $26.88, for a total transaction of $1,075,200.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Jason Gesing also recently made the following trade(s):

  • On Friday, November 19th, Jason Gesing sold 11,500 shares of eXp World stock. The stock was sold at an average price of $40.44, for a total transaction of $465,060.00.
  • On Wednesday, November 10th, Jason Gesing sold 40,000 shares of eXp World stock. The stock was sold at an average price of $43.49, for a total transaction of $1,739,600.00.
  • On Wednesday, October 20th, Jason Gesing sold 11,500 shares of eXp World stock. The stock was sold at an average price of $47.83, for a total transaction of $550,045.00.

Shares of NASDAQ EXPI opened at $29.32 on Friday. eXp World Holdings, Inc. has a twelve month low of $22.52 and a twelve month high of $90.00. The company has a current ratio of 2.48, a quick ratio of 2.48 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $4.33 billion, a price-to-earnings ratio of 62.38 and a beta of 3.05. The firm has a 50-day moving average of $36.12 and a two-hundred day moving average of $41.17.

eXp World (NASDAQ:EXPI) last issued its quarterly earnings results on Tuesday, November 2nd. The technology company reported $0.15 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.08 by $0.07. eXp World had a net margin of 2.22% and a return on equity of 45.33%. The company had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $999.05 million. During the same period in the prior year, the company earned $0.10 EPS. eXp World’s revenue was up 96.9% on a year-over-year basis. As a group, research analysts predict that eXp World Holdings, Inc. will post 0.45 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, November 29th. Shareholders of record on Monday, November 15th were issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend was Friday, November 12th. eXp World’s payout ratio is 34.04%.

EXPI has been the subject of several research analyst reports. DA Davidson reduced their price objective on shares of eXp World from $66.00 to $63.00 and set a “buy” rating for the company in a report on Thursday, November 4th. Zacks Investment Research downgraded shares of eXp World from a “buy” rating to a “hold” rating in a report on Monday, November 8th. Finally, TheStreet downgraded shares of eXp World from a “b-” rating to a “c+” rating in a report on Friday, November 19th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $55.67.

Hedge funds and other institutional investors have recently bought and sold shares of the business. US Bancorp DE raised its holdings in eXp World by 1,126.5% during the 3rd quarter. US Bancorp DE now owns 834 shares of the technology company’s stock worth $33,000 after buying an additional 766 shares during the period. PFG Private Wealth Management LLC acquired a new stake in eXp World during the 3rd quarter worth about $34,000. PNC Financial Services Group Inc. raised its holdings in eXp World by 46.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,084 shares of the technology company’s stock worth $42,000 after buying an additional 343 shares during the period. O Shaughnessy Asset Management LLC raised its holdings in eXp World by 6.4% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 5,031 shares of the technology company’s stock worth $200,000 after buying an additional 302 shares during the period. Finally, Pearl River Capital LLC acquired a new stake in eXp World during the 3rd quarter worth about $203,000. Hedge funds and other institutional investors own 21.40% of the company’s stock.

eXp World Company Profile

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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Insider Buying and Selling by Quarter for eXp World (NASDAQ:EXPI)

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