Gold prices steady ahead of Fed decision; weekly weakness noted
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 transactions took place on March 3, 2025, at a weighted average price of $10.0412 per share, resulting in a total sale value of approximately $251,030. The shares were sold in multiple transactions, with prices ranging from $9.71 to $10.33. Following this sale, Sanford still holds 39,878,400 shares directly in the $1.5 billion market cap company. The sale comes amid a challenging period for EXPI, with the stock down about 15% year-to-date. According to InvestingPro analysis, the stock currently trades below its Fair Value, despite showing volatile price movements. For deeper insights into insider transactions and comprehensive analysis, including 17 additional ProTips, check out the EXPI Pro Research Report, part of the 1,400+ stock coverage on InvestingPro.
In other recent news, eXp World Holdings Inc. reported its Q4 2024 earnings, revealing a notable revenue of $1.1 billion, surpassing the forecast of $1.03 billion. This revenue increase represents a 12% year-over-year growth, highlighting the company’s robust market position despite challenging conditions. The company’s full-year revenue reached $4.6 billion, marking a 7% increase from the previous year. DA Davidson maintained a Neutral stance on eXp World Holdings, with a price target of $13.50, following the company’s solid fourth-quarter results. Although the company exceeded revenue expectations, DA Davidson noted concerns about agent retention, particularly in the domestic market.
Additionally, eXp Realty, a subsidiary of eXp World Holdings, announced a strategic partnership with HGTV star Kortney Wilson, aiming to expand its global presence and enhance its agent-centric model. This collaboration aligns with eXp Realty’s mission to empower agents and broaden their reach internationally. The company also plans to expand to over 60 countries within the next five years, with a focus on attracting productive agents and investing in AI to improve operational efficiency. These developments reflect eXp World Holdings’ ongoing efforts to strengthen its market position and support its growth strategy.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.