The Subsidiary Chief Executive Officer of eXp World Holdings is Exercising Options

By Carrie Williams

Yesterday it was reported that the Subsidiary Chief Executive Officer of eXp World Holdings (EXPIResearch Report), Jason Michael Gesing, exercised options to sell 25,150 EXPI shares for a total transaction value of $1.17M.

In addition to Jason Michael Gesing, 7 other EXPI executives reported Sell trades in the last month. Following Jason Michael Gesing’s last EXPI Sell transaction on August 24, 2021, the stock climbed by 1.5%.

See today’s analyst top recommended stocks >>

Based on eXp World Holdings’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1000 million and quarterly net profit of $37.05 million. In comparison, last year the company earned revenue of $354 million and had a net profit of $8.28 million. The company has a one-year high of $90.00 and a one-year low of $18.38. Currently, eXp World Holdings has an average volume of 642.11K.

In the last 30 days, insiders have sold $6.3M worth of EXPI shares and purchased $2,242 worth of EXPI shares. The insider sentiment on eXp World Holdings has been negative according to 290 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Jason Michael Gesing’s trades have generated a -220.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

eXp World Holdings, Inc. owns and operates eXp Realty, which is a cloud-based international residential real estate brokerage. It focuses on the development and use of cloud-based technologies in order to grow an international brokerage without the burden of physical brick and mortar offices and redundant staffing costs. The company was founded by Glenn Darrel Sanford on July 30, 2008 and is headquartered in Bellingham, WA.