Anyone interested in eXp World Holdings, Inc. (NASDAQ:EXPI) should probably be aware that the Founder, Glenn Sanford, recently divested US$276k worth of shares in the company, at an average price of US$11.05 each. However, the silver lining is that the sale only reduced their total holding by 0.06%, so we're hesitant to read anything much into it, on its own.
The Last 12 Months Of Insider Transactions At eXp World Holdings
In fact, the recent sale by Founder Glenn Sanford was not their only sale of eXp World Holdings shares this year. They previously made an even bigger sale of -US$9.7m worth of shares at a price of US$20.74 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (US$11.21). So it is hard to draw any strong conclusion from it.
eXp World Holdings insiders didn't buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.
Insider Ownership Of eXp World Holdings
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that eXp World Holdings insiders own 49% of the company, worth about US$841m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
So What Do The eXp World Holdings Insider Transactions Indicate?
An insider sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. It is good to see high insider ownership, but the insider selling leaves us cautious. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. You'd be interested to know, that we found 2 warning signs for eXp World Holdings and we suggest you have a look.
But note: eXp World Holdings may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.