Insider Selling: Expedia Group (NASDAQ:EXPE) Insider Sells $661,000.00 in Stock

Expedia Group, Inc. (NASDAQ:EXPE) insider Robert Dzielak sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $330.50, for a total transaction of $661,000.00. Following the completion of the transaction, the insider owned 105,335 shares of the company’s stock, valued at $34,813,217.50. This trade represents a 1.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Expedia Group Stock Down 0.6%

NASDAQ:EXPE opened at $324.17 on Friday. The company has a market cap of $38.91 billion, a price-to-earnings ratio of 20.21, a P/E/G ratio of 0.80 and a beta of 1.22. The company has a debt-to-equity ratio of 2.21, a quick ratio of 0.80 and a current ratio of 0.80. The stock’s fifty day moving average price is $278.34 and its two-hundred day moving average price is $247.56. Expedia Group, Inc. has a 52-week low of $185.34 and a 52-week high of $335.00.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Wednesday, August 5th. The online travel company reported $5.76 EPS for the quarter, beating the consensus estimate of $5.22 by $0.54. The company had revenue of $4.32 billion during the quarter, compared to analysts’ expectations of $4.17 billion. Expedia Group had a return on equity of 87.32% and a net margin of 12.97%.The business’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same period last year, the firm earned $4.24 EPS. On average, analysts anticipate that Expedia Group, Inc. will post 17.15 EPS for the current year.

Expedia Group Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Gordon Haskett lowered their price target on shares of Expedia Group from $320.00 to $290.00 and set a “buy” rating for the company in a research report on Wednesday, May 13th. Weiss Ratings restated a “hold (c)” rating on shares of Expedia Group in a report on Friday, August 7th. Bank of America reaffirmed a “buy” rating on shares of Expedia Group in a research note on Thursday, August 6th. Morgan Stanley lifted their target price on shares of Expedia Group from $290.00 to $300.00 and gave the stock an “equal weight” rating in a report on Thursday, July 30th. Finally, The Goldman Sachs Group set a $370.00 target price on shares of Expedia Group in a research report on Thursday, August 6th. Seventeen investment analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $314.27.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of EXPE. Motiv8 Investments LLC bought a new stake in Expedia Group in the fourth quarter valued at approximately $25,000. Entrust Financial LLC acquired a new position in shares of Expedia Group in the 4th quarter valued at $26,000. First Bancorp Inc ME acquired a new position in shares of Expedia Group in the 2nd quarter valued at $28,000. Sunbelt Securities Inc. increased its position in shares of Expedia Group by 970.6% in the 3rd 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. Finally, Elevation Wealth Partners LLC increased its position in shares of Expedia Group by 272.9% in the 2nd quarter. Elevation Wealth Partners LLC now owns 179 shares of the online travel company’s stock valued at $46,000 after buying an additional 131 shares in the last quarter. Institutional investors own 90.76% of the company’s stock.

Expedia Group Company Profile

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.