Robert Dzielak Sells 4,702 Shares of Expedia Group (NASDAQ:EXPE) Stock

Expedia Group, Inc. (NASDAQ:EXPE) insider Robert Dzielak sold 4,702 shares of Expedia Group stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $233.00, for a total value of $1,095,566.00. Following the sale, the insider directly owned 105,448 shares of the company’s stock, valued at approximately $24,569,384. This trade represents a 4.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Expedia Group Trading Up 2.3%

Shares of EXPE stock opened at $231.06 on Wednesday. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43. The business has a 50-day moving average price of $234.30 and a two-hundred day moving average price of $247.62. Expedia Group, Inc. has a 12-month low of $160.00 and a 12-month high of $303.80. The firm has a market cap of $28.31 billion, a P/E ratio of 20.34, a price-to-earnings-growth ratio of 0.59 and a beta of 1.25.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results 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. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The firm had revenue of $3.43 billion during the quarter, compared to analyst estimates of $3.35 billion. During the same quarter in the previous year, the company posted $0.40 earnings per share. The company’s revenue was up 14.7% compared to the same quarter last year. Equities analysts anticipate that Expedia Group, Inc. will post 17.07 EPS for the current fiscal year.

Expedia Group Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Citic Securities dropped their price target on Expedia Group from $337.00 to $320.00 and set a “buy” rating for the company in a research note on Friday, May 15th. Bank of America lifted their price target on Expedia Group from $303.00 to $306.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Robert W. Baird set a $290.00 target price on Expedia Group in a research note on Friday, May 8th. Truist Financial lowered their target price on Expedia Group from $252.00 to $246.00 and set a “hold” rating for the company in a research note on Monday, April 6th. Finally, Dbs Bank raised Expedia Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, May 11th. Sixteen equities research analysts have rated the stock with a Buy rating and twenty-three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $284.42.

Institutional Investors Weigh In On Expedia Group

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Brighton Jones LLC bought a new position in Expedia Group during the 4th quarter valued at approximately $408,000. NewEdge Advisors LLC raised its position in Expedia Group by 5.0% during the 1st quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock valued at $917,000 after purchasing an additional 259 shares during the last quarter. Sivia Capital Partners LLC bought a new position in Expedia Group during the 2nd quarter valued at approximately $596,000. Daiwa Securities Group Inc. raised its position in Expedia Group by 6.5% during the 2nd quarter. Daiwa Securities Group Inc. now owns 21,265 shares of the online travel company’s stock valued at $3,587,000 after purchasing an additional 1,290 shares during the last quarter. Finally, AXA S.A. raised its position in Expedia Group by 5.9% during the 2nd quarter. AXA S.A. now owns 11,042 shares of the online travel company’s stock valued at $1,863,000 after purchasing an additional 615 shares during the last quarter. Institutional investors own 90.76% of the company’s stock.

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.