Expedia Group (NASDAQ:EXPE) Insider Sells $945,945.00 in Stock

Expedia Group, Inc. (NASDAQ:EXPE) insider Robert Dzielak sold 3,003 shares of the stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $315.00, for a total value of $945,945.00. Following the transaction, the insider owned 103,829 shares of the company’s stock, valued at approximately $32,706,135. The trade was a 2.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Expedia Group Stock Up 1.3%

Shares of Expedia Group stock opened at $332.69 on Friday. The business’s 50 day simple moving average is $270.55 and its 200 day simple moving average is $246.18. Expedia Group, Inc. has a 52-week low of $185.34 and a 52-week high of $333.24. The firm has a market cap of $39.93 billion, a PE ratio of 20.74, a P/E/G ratio of 0.81 and a beta of 1.22. The company has a debt-to-equity ratio of 2.21, a quick ratio of 0.80 and a current ratio of 0.80.

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

Expedia Group Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, August 27th. Expedia Group’s payout ratio is currently 11.97%.

Institutional Trading of Expedia Group

Several institutional investors and hedge funds have recently bought and sold shares of the business. Motiv8 Investments LLC acquired a new position in shares of Expedia Group during the 4th quarter worth approximately $25,000. Entrust Financial LLC bought a new stake in Expedia Group in the 4th quarter valued at $26,000. First Bancorp Inc ME acquired a new stake in Expedia Group during the 2nd quarter valued at $28,000. Sunbelt Securities Inc. lifted its holdings in Expedia Group by 970.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock valued at $39,000 after purchasing an additional 165 shares during the last quarter. Finally, Elevation Wealth Partners LLC boosted its position in Expedia Group by 272.9% during the second quarter. Elevation Wealth Partners LLC now owns 179 shares of the online travel company’s stock worth $46,000 after purchasing an additional 131 shares during the period. Institutional investors own 90.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on EXPE. BMO Capital Markets reaffirmed a “market perform” rating and issued a $285.00 target price on shares of Expedia Group in a research report on Friday, August 7th. Truist Financial boosted their price target on shares of Expedia Group from $246.00 to $309.00 and gave the stock a “hold” rating in a research report on Monday, August 3rd. B. Riley Financial increased their price objective on shares of Expedia Group from $350.00 to $390.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Morgan Stanley raised their price objective on Expedia Group from $290.00 to $300.00 and gave the company an “equal weight” rating in a report on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Expedia Group from $244.00 to $230.00 and set a “hold” rating on the stock in a report on Monday, May 18th. Seventeen investment analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $311.76.

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.