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BELLINGHAM, WA—Glenn Darrel Sanford, the CEO and Chairman of the Board at eXp World Holdings, Inc. (NASDAQ:EXPI), executed a sale of 20,000 shares of common stock on April 21, 2025. The transaction, disclosed in a recent SEC filing, was completed at a weighted average price of $8.6207 per share, bringing the total value of the sale to $172,414. The sale comes as the company, currently valued at $1.35 billion, trades near its 52-week low of $8.54, having declined over 32% in the past six months.
The shares were sold in multiple transactions, with prices ranging from $8.545 to $8.79. Following this transaction, Sanford retains ownership of 39,723,400 shares directly. This sale is part of a pre-arranged trading plan, as indicated by the SEC filing. According to InvestingPro data, analysts maintain a moderate buy consensus with price targets ranging from $13.50 to $16.00, suggesting potential upside despite recent market volatility.
Sanford, who holds significant positions within the company as both CEO and Chairman, remains one of the largest shareholders of eXp World Holdings. The company’s stock, traded under the symbol EXPI, is a key component of his overall investment portfolio. InvestingPro analysis reveals the company maintains strong liquidity with a current ratio of 1.44 and holds more cash than debt on its balance sheet. Subscribers can access 20+ additional ProTips and comprehensive financial metrics in the Pro Research Report.
In other recent news, eXp World Holdings, Inc. reported a 12% increase in fourth-quarter revenue, surpassing analyst estimates by 6%. The company also achieved an adjusted EBITDA of $7.7 million, defying expectations of a $2 million loss. DA Davidson maintained a Neutral rating on the stock, with a price target of $13.50, citing concerns over agent retention despite the strong financial results. Additionally, eXp World Holdings amended its share repurchase plan, extending it through December 31, 2025, as part of its capital allocation strategy. The company also announced the resignation of its Chief Accounting Officer, Jian (Kent) Cheng, effective March 31, 2025, with a transition plan in place as they search for a new CFO. In a strategic move to boost agent growth, eXp Realty launched a Co-Sponsor Program, allowing new agents to benefit from dual sponsorship. The company further expanded its roster by adding HGTV star Kortney Wilson, aiming to leverage her expertise in home renovation and design. These developments reflect eXp World Holdings’ ongoing efforts to innovate and adapt in the competitive real estate market.
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