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

Expedia Group, Inc. (NASDAQ:EXPE) Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total value of $1,851,500.00. Following the completion of the sale, the director now owns 168,505 shares of the company’s stock, valued at $31,198,700.75. This trade represents a 5.60 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Friday, November 1st, Dara Khosrowshahi sold 10,000 shares of Expedia Group stock. The shares were sold at an average price of $156.87, for a total value of $1,568,700.00.
• On Friday, October 4th, Dara Khosrowshahi sold 10,000 shares of Expedia Group stock. The stock was sold at an average price of $150.18, for a total value of $1,501,800.00.

Expedia Group Trading Down 0.5 %

Shares of Expedia Group stock traded down $1.00 on Thursday, reaching $185.33. The company had a trading volume of 919,038 shares, compared to its average volume of 2,061,318. The firm’s 50-day moving average price is $180.24 and its two-hundred day moving average price is $151.24. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $192.34. The firm has a market cap of $23.79 billion, a price-to-earnings ratio of 23.85, a P/E/G ratio of 1.07 and a beta of 1.84. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73.

Analysts Set New Price Targets

Several research firms recently issued reports on EXPE. Jefferies Financial Group increased their target price on shares of Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a report on Tuesday, October 22nd. Barclays raised their price objective on shares of Expedia Group from $134.00 to $153.00 and gave the company an “equal weight” rating in a research report on Friday, November 8th. UBS Group upped their target price on shares of Expedia Group from $137.00 to $156.00 and gave the stock a “neutral” rating in a report on Wednesday, October 23rd. Bank of America raised Expedia Group from a “neutral” rating to a “buy” rating and raised their price target for the company from $187.00 to $221.00 in a report on Wednesday, December 18th. Finally, Wedbush upped their price objective on Expedia Group from $130.00 to $180.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Twenty research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $169.77.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Commonwealth Equity Services LLC boosted its position in shares of Expedia Group by 4.8% during the second quarter. Commonwealth Equity Services LLC now owns 34,992 shares of the online travel company’s stock valued at $4,409,000 after buying an additional 1,587 shares during the period. Van ECK Associates Corp grew its position in Expedia Group by 12.2% in the 2nd quarter. Van ECK Associates Corp now owns 34,595 shares of the online travel company’s stock valued at $4,359,000 after acquiring an additional 3,775 shares during the last quarter. Rhumbline Advisers increased its stake in Expedia Group by 13.3% in the second quarter. Rhumbline Advisers now owns 314,003 shares of the online travel company’s stock worth $39,561,000 after purchasing an additional 36,858 shares during the period. Legacy Capital Wealth Partners LLC bought a new stake in shares of Expedia Group during the second quarter worth $275,000. Finally, Cozad Asset Management Inc. boosted its stake in shares of Expedia Group by 43.0% during the second quarter. Cozad Asset Management Inc. now owns 26,374 shares of the online travel company’s stock valued at $3,323,000 after purchasing an additional 7,932 shares during the period. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Company Profile

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.