Expedia Group (NASDAQ:EXPE) Insider Robert Dzielak Sells 2,000 Shares of Stock

Expedia Group, Inc. (NASDAQ:EXPE) insider Robert Dzielak sold 2,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $330.50, for a total value of $661,000.00. Following the sale, the insider directly owned 105,335 shares in the company, valued at approximately $34,813,217.50. This represents a 1.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Expedia Group Price Performance

Shares of NASDAQ EXPE traded up $2.95 during mid-day trading on Tuesday, reaching $321.45. The company’s stock had a trading volume of 980,065 shares, compared to its average volume of 2,051,129. The company has a debt-to-equity ratio of 2.21, a current ratio of 0.80 and a quick ratio of 0.80. Expedia Group, Inc. has a 52 week low of $185.34 and a 52 week high of $335.00. The stock has a fifty day moving average of $272.40 and a two-hundred day moving average of $246.38. The firm has a market capitalization of $38.58 billion, a PE ratio of 20.04, a P/E/G ratio of 0.81 and a beta of 1.22.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Wednesday, August 5th. The online travel company reported $5.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.22 by $0.54. The company had revenue of $4.32 billion for the quarter, compared to the consensus estimate of $4.17 billion. Expedia Group had a return on equity of 87.32% and a net margin of 12.97%.The firm’s quarterly revenue was up 14.0% on a year-over-year basis. During the same quarter last year, the company earned $4.24 EPS. As a group, sell-side analysts anticipate that Expedia Group, Inc. will post 17.15 EPS for the current fiscal year.

Expedia Group Announces Dividend

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

Analyst Ratings Changes

Several analysts recently commented on the company. Gordon Haskett dropped their target price on Expedia Group from $320.00 to $290.00 and set a “buy” rating on the stock in a report on Wednesday, May 13th. Wells Fargo & Company upped their price objective on Expedia Group from $303.00 to $307.00 and gave the stock an “equal weight” rating in a research report on Friday, August 7th. Evercore reaffirmed an “outperform” rating on shares of Expedia Group in a research note on Thursday, August 6th. The Goldman Sachs Group set a $370.00 target price on shares of Expedia Group in a report on Thursday, August 6th. Finally, Morgan Stanley boosted their target price on shares of Expedia Group from $290.00 to $300.00 and gave the company an “equal weight” rating in a research note on Thursday, July 30th. Seventeen investment analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Expedia Group presently has an average rating of “Hold” and an average price target of $311.76.

Institutional Investors Weigh In On Expedia Group

Institutional investors and hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC acquired a new stake in Expedia Group in the 4th quarter worth about $408,000. NewEdge Advisors LLC grew its stake in shares of Expedia Group by 5.0% during the first quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock valued at $917,000 after acquiring an additional 259 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Expedia Group during the second quarter worth about $596,000. Daiwa Securities Group Inc. increased its position in shares of Expedia Group by 6.5% during the second quarter. Daiwa Securities Group Inc. now owns 21,265 shares of the online travel company’s stock worth $3,587,000 after acquiring an additional 1,290 shares during the last quarter. Finally, AXA S.A. lifted its stake in shares of Expedia Group by 5.9% in the second quarter. AXA S.A. now owns 11,042 shares of the online travel company’s stock worth $1,863,000 after acquiring an additional 615 shares in the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

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.