Glenn Sanford, CEO, Chairman of the Board, and 10% Owner of eXp World Holdings Inc (EXPI, Financial), executed a sale of 50,000 shares of the company on November 12, 2024. The transaction was filed on SEC Filing. Following this transaction, the insider now directly owns 40,489,080 shares in the company.
eXp World Holdings Inc operates as a cloud-based real estate brokerage and technology platform. The company's unique business model leverages virtual environments to connect agents and brokers across the globe, reducing traditional brick-and-mortar expenses and fostering a collaborative work environment.
Over the past year, Glenn Sanford has sold a total of 1,163,121 shares of eXp World Holdings Inc and has not made any purchases. The insider transaction history for the company shows a total of 34 insider sells and no insider buys over the same timeframe.
Shares of eXp World Holdings Inc were trading at $14.48 on the day of the transaction, giving the company a market cap of approximately $2.14 billion. According to GF Value, the stock is currently Fairly Valued with a price-to-GF-Value ratio of 1.01.
The GF Value is determined by 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 expected future business outcomes.
This recent sale by the insider may be of interest to current and potential investors, providing insight into the insider's perspective on the stock's current 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.
