Glenn Sanford, CEO and Chairman of the Board, 10% Owner of eXp World Holdings Inc (EXPI, Financial), executed a sale of 50,000 shares of the company on August 6, 2024. The transaction was filed on SEC Filing. Following this transaction, the insider now directly owns 41,120,297 shares in the company.
eXp World Holdings Inc operates as a cloud-based real estate brokerage and technology platform. The company's unique structure allows real estate professionals to work remotely, providing services across the United States and several international markets.
Over the past year, Glenn Sanford has sold a total of 500,000 shares of eXp World Holdings Inc and has not made any purchases. The insider transaction history for the company shows a total of 22 insider sells and no insider buys over the past year.
Shares of eXp World Holdings Inc were trading at $12.33 on the day of the transaction. The company has a market cap of approximately $1.84 billion.
According to the GF Value, the intrinsic value of the stock is estimated at $14.96, indicating that the stock is modestly undervalued with a price-to-GF-Value ratio of 0.82. The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This recent sale by the insider may provide investors with context regarding the company's current valuation and stock performance, as reflected in the ongoing trading activity and the GF Value assessment.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
