Significant Insider Selling in Shares of eXp World Holdings (EXPI) Continues
10:19 PM EST, 02/04/2021 (MT Newswires) -- One eXp World Holdings insider Glenn Darrel Sanford, 10% Owner, Director and Officer, today, disposed of 10,000 shares having a market value of approximately $1,174,804, as revealed in a form 4 document filed with the SEC. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 261,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 271,000 shares and have averaged 54,200 shares per transaction over this time period.
In relation to the peer group over the last 90 days, insider buy/sell trading at eXp World Holdings is higher than the 21-company peer group average. Real Estate Services peer group saw 24 buy/sell trades during this period for an average of 1.1 transactions per company. The number of shares per buy/sell trade for eXp World Holdings insiders was also higher. Within the peer group there were 0 shares purchased and 290,670 shares sold with company insiders selling 12,111 shares on average.
Significant insider buying and selling activity has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in data sourced in creating and writing this story.
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