Dara Khosrowshahi Sells 10,000 Shares of Expedia Group, Inc. (NASDAQ:EXPE) Stock

Expedia Group, Inc. (NASDAQ:EXPE) Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of $150.18, for a total transaction of $1,501,800.00. Following the sale, the director now owns 198,505 shares of the company’s stock, valued at approximately $29,811,480.90. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Dara Khosrowshahi also recently made the following trade(s):

• On Friday, September 27th, Dara Khosrowshahi sold 10,000 shares of Expedia Group stock. The stock was sold at an average price of $150.21, for a total transaction of $1,502,100.00.

Expedia Group Stock Performance

Shares of NASDAQ:EXPE opened at $151.95 on Wednesday. The company has a debt-to-equity ratio of 2.45, a current ratio of 0.76 and a quick ratio of 0.76. Expedia Group, Inc. has a 1 year low of $92.48 and a 1 year high of $160.05. The firm has a market capitalization of $20.71 billion, a PE ratio of 28.46, a P/E/G ratio of 0.56 and a beta of 1.79. The business’s 50 day moving average price is $135.42 and its 200-day moving average price is $128.97.

Expedia Group (NASDAQ:EXPE) last announced its earnings results on Thursday, August 8th. The online travel company reported $3.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.17 by $0.34. Expedia Group had a net margin of 6.09% and a return on equity of 47.55%. The company had revenue of $3.56 billion for the quarter, compared to analysts’ expectations of $3.53 billion. During the same quarter in the previous year, the company posted $2.34 EPS. The firm’s quarterly revenue was up 6.0% on a year-over-year basis. As a group, equities research analysts expect that Expedia Group, Inc. will post 8.98 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Expedia Group

Institutional investors and hedge funds have recently bought and sold shares of the business. Private Advisor Group LLC lifted its stake in Expedia Group by 0.4% in the 1st quarter. Private Advisor Group LLC now owns 24,351 shares of the online travel company’s stock worth $3,354,000 after purchasing an additional 87 shares in the last quarter. First Trust Direct Indexing L.P. lifted its position in Expedia Group by 5.8% during the first quarter. First Trust Direct Indexing L.P. now owns 1,601 shares of the online travel company’s stock worth $221,000 after buying an additional 88 shares in the last quarter. Bleakley Financial Group LLC lifted its position in Expedia Group by 5.1% during the first quarter. Bleakley Financial Group LLC now owns 2,028 shares of the online travel company’s stock worth $279,000 after buying an additional 99 shares in the last quarter. Elo Mutual Pension Insurance Co boosted its stake in Expedia Group by 0.8% during the fourth quarter. Elo Mutual Pension Insurance Co now owns 12,035 shares of the online travel company’s stock worth $1,827,000 after buying an additional 100 shares during the last quarter. Finally, AdvisorShares Investments LLC grew its holdings in Expedia Group by 7.1% in the 2nd quarter. AdvisorShares Investments LLC now owns 1,517 shares of the online travel company’s stock valued at $186,000 after buying an additional 100 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

EXPE has been the topic of several analyst reports. UBS Group cut their price target on Expedia Group from $140.00 to $137.00 and set a “neutral” rating on the stock in a research report on Friday, August 9th. Barclays dropped their target price on Expedia Group from $138.00 to $134.00 and set an “equal weight” rating on the stock in a report on Friday, August 9th. Wells Fargo & Company boosted their price target on Expedia Group from $130.00 to $159.00 and gave the company an “equal weight” rating in a report on Tuesday. Piper Sandler reaffirmed a “neutral” rating and set a $140.00 price objective (down previously from $145.00) on shares of Expedia Group in a research note on Friday, August 9th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $130.00 target price on shares of Expedia Group in a research note on Monday. Nineteen research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $150.85.

About Expedia Group

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.