Glenn Sanford, CEO, Chairman of the Board, and 10% Owner of eXp World Holdings Inc (EXPI, Financial), executed a sale of 40,000 shares of the company on October 22, 2024. The transaction was filed on SEC Filing. Following this transaction, the insider now directly owns 40,629,780 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 while providing them with a suite of tools and services to enhance their operations.
Over the past year, Glenn Sanford has sold a total of 1,022,421 shares and has not purchased any shares. This recent sale is part of a broader trend observed within the company, where there have been 28 insider sells and no insider buys over the past year.
Shares of eXp World Holdings Inc were trading at $12.82 on the day of the transaction. The company has a market cap of approximately $1.97 billion.
The stock is currently considered Modestly Undervalued with a price-to-GF Value ratio of 0.85, based on a GF Value of $15.09. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past performance, and future business performance estimates.
This insider selling activity might be of interest to current and potential investors, as it provides insight into the perspectives of high-level executives on the company's stock value 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.
