Expedia Group (NASDAQ:EXPE) Director Craig Jacobson Sells 3,133 Shares

Expedia Group, Inc. (NASDAQ:EXPE) Director Craig Jacobson sold 3,133 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $328.52, for a total transaction of $1,029,253.16. Following the completion of the transaction, the director owned 29,832 shares in the company, valued at $9,800,408.64. This represents a 9.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Expedia Group Trading Down 4.3%

NASDAQ:EXPE opened at $318.50 on Tuesday. The company has a fifty day moving average of $272.40 and a 200 day moving average of $246.38. Expedia Group, Inc. has a 52 week low of $185.34 and a 52 week high of $335.00. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 2.21. The firm has a market capitalization of $38.23 billion, a P/E ratio of 19.86, a P/E/G ratio of 0.81 and a beta of 1.22.

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

Expedia Group Announces Dividend

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

Analysts Set New Price Targets

Several research firms have recently issued reports on EXPE. DA Davidson reduced their target price on Expedia Group from $260.00 to $250.00 and set a “neutral” rating on the stock in a research note on Friday, May 15th. Dbs Bank raised Expedia Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, May 11th. Barclays lifted their price target on shares of Expedia Group from $264.00 to $320.00 and gave the company an “equal weight” rating in a report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Expedia Group from $244.00 to $230.00 and set a “hold” rating on the stock in a research report on Monday, May 18th. Finally, Evercore reaffirmed an “outperform” rating 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 assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $311.76.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Brighton Jones LLC bought a new position in Expedia Group in the fourth quarter worth $408,000. NewEdge Advisors LLC boosted its holdings in shares of 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 buying an additional 259 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Expedia Group in the 2nd quarter worth about $596,000. Daiwa Securities Group Inc. grew its position in shares of Expedia Group by 6.5% in the 2nd quarter. Daiwa Securities Group Inc. now owns 21,265 shares of the online travel company’s stock worth $3,587,000 after buying an additional 1,290 shares during the period. Finally, AXA S.A. grew its position in shares of Expedia Group by 5.9% in the 2nd quarter. AXA S.A. now owns 11,042 shares of the online travel company’s stock worth $1,863,000 after buying an additional 615 shares during the period. Hedge funds and other 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.