Glenn Sanford, CEO and Chairman of the Board, 10% Owner of eXp World Holdings Inc (EXPI, Financial), executed a sale of 61,170 shares in the company on September 18, 2024, according to a recent SEC Filing. The transaction was carried out at an average price of $14.6 per share, totaling approximately $892,682. The insider now holds 40,809,127 shares of eXp World Holdings Inc.
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 while providing them with a range of tools and services to enhance their operations.
Over the past year, Glenn Sanford has sold a total of 811,170 shares of the company and has not made any purchases. The recent transaction reflects a continuation of the selling trend observed among the company's insiders, as there have been 22 insider sells and no insider buys over the past year.
The stock of eXp World Holdings Inc was trading at $14.6 on the day of the sale, giving the company a market cap of approximately $2.23 billion. According to the GF Value, the stock is currently Fairly Valued, with a price-to-GF-Value ratio of 0.97.
The GF Value is determined by considering historical trading 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 selling activity may be of interest to current and potential investors trying to understand current market sentiments and the perspectives of high-level insiders within eXp World Holdings Inc.
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.
