eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells $93,100.00 in Stock

eXp World Holdings, Inc. (NASDAQ:EXPIGet Rating) CEO Jason Gesing sold 7,000 shares of the company’s stock in a transaction dated Monday, May 2nd. The stock was sold at an average price of $13.30, for a total value of $93,100.00. Following the completion of the transaction, the chief executive officer now owns 2,195,312 shares in the company, valued at $29,197,649.60. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

  • On Thursday, February 10th, Jason Gesing sold 40,000 shares of eXp World stock. The stock was sold at an average price of $29.45, for a total value of $1,178,000.00.

Shares of EXPI stock opened at $14.32 on Tuesday. The stock has a market capitalization of $2.13 billion, a PE ratio of 27.54 and a beta of 3.03. eXp World Holdings, Inc. has a 1-year low of $13.16 and a 1-year high of $55.43. The business has a 50-day moving average of $20.86 and a 200 day moving average of $30.34. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.60 and a quick ratio of 2.60.

eXp World (NASDAQ:EXPIGet Rating) last issued its earnings results on Thursday, February 24th. The technology company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.07. The company had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.03 billion. eXp World had a return on equity of 44.57% and a net margin of 2.15%. eXp World’s quarterly revenue was up 76.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.05 EPS. Analysts anticipate that eXp World Holdings, Inc. will post 0.44 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, March 31st. Investors of record on Friday, March 11th were issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 1.12%. The ex-dividend date of this dividend was Thursday, March 10th. eXp World’s dividend payout ratio is presently 30.77%.

A number of hedge funds have recently modified their holdings of EXPI. Covestor Ltd purchased a new stake in eXp World during the 4th quarter valued at about $30,000. US Bancorp DE lifted its holdings in eXp World by 1,126.5% in 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. TAP Consulting LLC purchased a new stake in eXp World in the 4th quarter worth approximately $38,000. Nisa Investment Advisors LLC lifted its holdings in eXp World by 202.0% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,510 shares of the technology company’s stock worth $41,000 after buying an additional 1,010 shares during the period. Finally, Fieldpoint Private Securities LLC purchased a new stake in eXp World in the 1st quarter worth approximately $41,000. Institutional investors own 54.70% of the company’s stock.

EXPI has been the topic of several recent research reports. Zacks Investment Research lowered eXp World from a “buy” rating to a “hold” rating in a research report on Wednesday, April 27th. DA Davidson reduced their price objective on eXp World from $63.00 to $45.00 and set a “buy” rating on the stock in a research report on Friday, February 25th. Finally, William Blair reiterated a “market perform” rating on shares of eXp World in a research report on Friday, February 25th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $42.67.

About eXp World (Get Rating)

eXp World Holdings, Inc, together with its subsidiaries, provides cloud-based real estate brokerage services for residential homeowners and homebuyers. The company facilitates buyers to search real-time property listings and sellers to list their properties through its various platforms; and offers buyers and sellers with access to a network of professionals, consumer-centric agents, and brokers.

Further Reading

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

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