Expedia Group (NASDAQ:EXPE) Insider Sells $945,945.00 in Stock

Expedia Group, Inc. (NASDAQ:EXPE) insider Robert Dzielak sold 3,003 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $315.00, for a total transaction of $945,945.00. Following the transaction, the insider owned 103,829 shares in the company, valued at $32,706,135. This represents a 2.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Expedia Group Price Performance

NASDAQ:EXPE traded up $2.74 during midday trading on Thursday, hitting $328.31. 815,432 shares of the stock were exchanged, compared to its average volume of 2,061,417. The company has a market capitalization of $40.23 billion, a price-to-earnings ratio of 20.47, a P/E/G ratio of 0.78 and a beta of 1.22. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 2.21. Expedia Group, Inc. has a one year low of $185.34 and a one year high of $331.31. The business has a 50-day moving average price of $266.45 and a two-hundred day moving average price of $245.16.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Wednesday, August 5th. The online travel company reported $5.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.22 by $0.54. Expedia Group had a return on equity of 87.32% and a net margin of 12.97%.The firm had revenue of $4.32 billion during the quarter, compared to analyst estimates of $4.17 billion. During the same period last year, the company posted $4.24 EPS. The firm’s quarterly revenue was up 14.0% on a year-over-year basis. Sell-side analysts predict that Expedia Group, Inc. will post 17.18 EPS for the current year.

Expedia Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, August 27th will be paid a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $1.92 annualized dividend and a yield of 0.6%. Expedia Group’s dividend payout ratio (DPR) is currently 11.97%.

Institutional Investors Weigh In On Expedia Group

Large investors have recently made changes to their positions in the company. Motiv8 Investments LLC acquired a new position in Expedia Group in the 4th quarter worth approximately $25,000. Entrust Financial LLC purchased a new stake in shares of Expedia Group in the fourth quarter valued at $26,000. DV Equities LLC acquired a new stake in shares of Expedia Group in the fourth quarter worth $46,000. Elevation Wealth Partners LLC boosted its position in shares of Expedia Group by 272.9% in the second quarter. Elevation Wealth Partners LLC now owns 179 shares of the online travel company’s stock worth $46,000 after buying an additional 131 shares during the period. Finally, Sunbelt Securities Inc. grew its holdings in shares of Expedia Group by 970.6% during the third quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock valued at $39,000 after buying an additional 165 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on EXPE. Gordon Haskett cut their price target on shares of Expedia Group from $320.00 to $290.00 and set a “buy” rating for the company in a report on Wednesday, May 13th. Barclays boosted their target price on shares of Expedia Group from $264.00 to $320.00 and gave the stock an “equal weight” rating in a report on Thursday, August 6th. Wall Street Zen lowered shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Dbs Bank upgraded shares of Expedia Group from a “hold” rating to a “moderate buy” rating in a report on Monday, May 11th. Finally, Benchmark lifted their price target on shares of Expedia Group from $290.00 to $360.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Seventeen investment analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Expedia Group has a consensus rating of “Hold” and an average target price of $311.76.

About Expedia Group

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.