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BELLINGHAM, WA—Glenn Darrel Sanford, CEO and Chairman of the Board of eXp World Holdings, Inc. (NASDAQ:EXPI), recently sold 25,000 shares of the company’s common stock. The transaction, which took place on May 12, 2025, was executed at a weighted average price of $7.8108 per share, totaling approximately $195,270. The sale comes as EXPI shares have declined nearly 44% over the past six months, according to InvestingPro data.
The shares were sold in multiple transactions, with prices ranging from $7.67 to $7.96. Following the sale, Sanford retains ownership of 39,653,400 shares directly. The sale was conducted under a pre-arranged trading plan, as indicated by the 10b5-1 designation. The company, currently valued at $1.23 billion, maintains a "FAIR" financial health score and offers a 2.56% dividend yield.
Sanford’s role as both a director and a significant shareholder underscores his ongoing involvement in the strategic direction of eXp World Holdings. The company’s stock transactions by executives often draw attention from investors monitoring insider trading activities. InvestingPro analysis indicates the stock is currently undervalued, with 19 additional key insights available for subscribers seeking deeper analysis of EXPI’s financial position and market outlook.
In other recent news, eXp World Holdings reported its Q1 2025 earnings, revealing a revenue of $954.9 million, which fell short of the anticipated $997 million. Despite the revenue miss, the company saw a 4% increase in real estate sales volume and a 6% improvement in its cash position year-over-year. The company is expanding its international presence with new launches in Peru and Turkey and plans to enter Japan and Ecuador. Analysts from Stephens noted the company’s focus on maintaining high productivity agents, which has resulted in a higher transaction per agent rate. The firm is also leveraging AI to streamline operations and improve efficiency, with initiatives already underway in various international markets. eXp World Holdings remains committed to enhancing its platform for agents, emphasizing AI-driven productivity and automation. The company also introduced a cosponsorship program aimed at fostering agent growth and collaboration. Despite the challenging macroeconomic environment, eXp World Holdings continues to focus on strategic international expansion and operational efficiency.
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