On September 18, 2024, Randall Miles, Director at eXp World Holdings Inc (EXPI, Financial), executed a sale of 30,000 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 547,665 shares of eXp World Holdings Inc.
eXp World Holdings Inc operates as a cloud-based real estate brokerage and technology platform. The company's innovative model allows real estate professionals to join its network and benefit from the tools and services provided to enhance their business operations.
The shares were sold at a price of $15.11, resulting in a total transaction amount of $453,300. This sale has adjusted the insider's stake in the company significantly.
Over the past year, the insider transaction history for eXp World Holdings Inc shows a trend of more sales than purchases among insiders. Specifically, there have been 22 insider sales and no insider buys. The insider, Randall Miles, has sold a total of 30,000 shares and has not purchased any shares in the past year.
The stock of eXp World Holdings Inc currently holds a market cap of approximately $2.23 billion. On the day of the sale, the stock was trading at $15.11, aligning closely with its GF Value of $15.02, indicating that the stock is Fairly Valued.
The GF Value is calculated considering historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from analysts.
This insider sale might be of interest to current and potential investors, as it provides insight into the insider's perspective on the stock's valuation and future prospects.
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.
