Expedia Group (NASDAQ:EXPE) Insider Sells $1,095,566.00 in Stock

Expedia Group, Inc. (NASDAQ:EXPE) insider Robert Dzielak sold 4,702 shares of the stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $233.00, for a total value of $1,095,566.00. Following the sale, the insider owned 105,448 shares of the company’s stock, valued at approximately $24,569,384. The trade was a 4.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Expedia Group Stock Performance

NASDAQ EXPE traded down $2.98 during trading on Monday, hitting $225.90. The company’s stock had a trading volume of 1,251,228 shares, compared to its average volume of 2,246,294. Expedia Group, Inc. has a 52 week low of $160.00 and a 52 week high of $303.80. The firm has a market cap of $27.68 billion, a P/E ratio of 19.89, a price-to-earnings-growth ratio of 0.60 and a beta of 1.25. The firm has a 50 day moving average price of $234.33 and a 200 day moving average price of $247.79. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.55. The business had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $3.35 billion. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. Expedia Group’s quarterly revenue was up 14.7% on a year-over-year basis. During the same quarter last year, the company posted $0.40 earnings per share. Equities research analysts forecast that Expedia Group, Inc. will post 17.07 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, May 28th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, May 28th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.8%. Expedia Group’s dividend payout ratio is currently 16.90%.

Institutional Trading of Expedia Group

A number of large investors have recently bought and sold shares of the stock. CI Investments Inc. raised its position in Expedia Group by 1,735.0% in the 3rd quarter. CI Investments Inc. now owns 42,223 shares of the online travel company’s stock worth $9,025,000 after purchasing an additional 39,922 shares during the last quarter. Skandinaviska Enskilda Banken AB publ boosted its position in Expedia Group by 37.3% in the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 196,464 shares of the online travel company’s stock valued at $41,994,000 after buying an additional 53,365 shares during the last quarter. Oliver Luxxe Assets LLC acquired a new stake in shares of Expedia Group in the 4th quarter valued at $3,164,000. Caprock Group LLC acquired a new stake in shares of Expedia Group in the 3rd quarter valued at $3,951,000. Finally, 44 Wealth Management LLC bought a new stake in shares of Expedia Group during the third quarter worth $1,358,000. 90.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on EXPE. Barclays boosted their price target on Expedia Group from $260.00 to $264.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. Benchmark lowered their price objective on Expedia Group from $310.00 to $290.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. Citigroup restated a “neutral” rating on shares of Expedia Group in a research note on Monday, May 18th. Wall Street Zen upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a research note on Sunday, May 10th. Finally, Morgan Stanley boosted their price target on shares of Expedia Group from $270.00 to $290.00 and gave the company an “equal weight” rating in a report on Tuesday, April 28th. Sixteen analysts have rated the stock with a Buy rating and twenty-three have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $284.42.

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.