Glenn Sanford, CEO and Chairman of the Board, 10% Owner of eXp World Holdings Inc (EXPI, Financial), executed a sale of 40,000 shares of the company on October 15, 2024, according to a recent SEC filing. Following this transaction, the insider now owns 40,669,780 shares of the company. The shares were sold at a price of $13.28 each.
eXp World Holdings Inc operates as a cloud-based real estate brokerage firm. The company primarily provides residential real estate brokerage services.
Over the past year, Glenn Sanford has sold a total of 982,421 shares of eXp World Holdings Inc and has not made any purchases of the stock. This recent transaction continues a trend seen over the last year, where there have been 27 insider sells and no insider buys.
The stock of eXp World Holdings Inc was trading at $13.28 on the day of the transaction, giving the company a market cap of approximately $2.02 billion.
According to the GF Value, the intrinsic value of the stock is estimated at $15.07, suggesting that eXp World Holdings Inc is modestly undervalued with a price-to-GF-Value ratio of 0.88. The GF Value is calculated based on historical trading 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 estimated future business outcomes.
This sale by the insider might be of interest to investors tracking insider behaviors and company valuation metrics to gauge potential future stock movements.
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.
