Expedia Group (NASDAQ:EXPE) Stock Price Down 5.5% – Time to Sell?

Expedia Group, Inc. (NASDAQ:EXPE) was down 5.5% during trading on Wednesday . The company traded as low as $284.67 and last traded at $283.4160. Approximately 500,171 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 1,330,851 shares. The stock had previously closed at $299.97.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Sanford C. Bernstein raised their target price on shares of Expedia Group from $210.00 to $256.00 and gave the stock a “market perform” rating in a research note on Tuesday, January 6th. Benchmark raised their price target on shares of Expedia Group from $265.00 to $310.00 and gave the company a “buy” rating in a report on Friday, November 7th. BTIG Research boosted their price target on Expedia Group from $275.00 to $330.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Cantor Fitzgerald lifted their target price on Expedia Group from $220.00 to $285.00 and gave the company a “neutral” rating in a research note on Friday, November 7th. Finally, Royal Bank Of Canada increased their target price on shares of Expedia Group from $260.00 to $290.00 and gave the company a “sector perform” rating in a research report on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and twenty-four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $285.16.

Expedia Group Stock Performance

The firm has a market cap of $34.75 billion, a PE ratio of 27.11, a P/E/G ratio of 1.05 and a beta of 1.43. The stock has a 50-day moving average price of $270.70 and a 200 day moving average price of $228.23. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.74 and a quick ratio of 0.74.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, beating the consensus estimate of $7.10 by $0.47. Expedia Group had a return on equity of 64.15% and a net margin of 9.66%.The company had revenue of $4.41 billion during the quarter, compared to analysts’ expectations of $4.28 billion. During the same quarter in the previous year, the business earned $6.13 EPS. The firm’s revenue was up 8.7% on a year-over-year basis. Research analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 11th. Stockholders of record on Wednesday, November 19th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, November 19th. This represents a $1.60 annualized dividend and a dividend yield of 0.6%. Expedia Group’s payout ratio is currently 15.31%.

Insider Buying and Selling

In other Expedia Group news, Director Madhumita Moina Banerjee sold 1,000 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $258.00, for a total transaction of $258,000.00. Following the completion of the sale, the director owned 2,916 shares of the company’s stock, valued at approximately $752,328. The trade was a 25.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Lance A. Soliday sold 849 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $248.08, for a total transaction of $210,619.92. Following the completion of the transaction, the chief accounting officer owned 11,662 shares in the company, valued at $2,893,108.96. The trade was a 6.79% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 4,849 shares of company stock valued at $1,283,270. 9.13% of the stock is currently owned by company insiders.

Institutional Trading of Expedia Group

Several large investors have recently modified their holdings of the business. Spire Wealth Management increased its holdings in Expedia Group by 1,529.1% during the 4th quarter. Spire Wealth Management now owns 2,297 shares of the online travel company’s stock worth $651,000 after purchasing an additional 2,156 shares during the last quarter. Petredis Investment Advisors LLC lifted its holdings in shares of Expedia Group by 22.8% in the 4th quarter. Petredis Investment Advisors LLC now owns 1,265 shares of the online travel company’s stock worth $358,000 after purchasing an additional 235 shares during the last quarter. Acropolis Investment Management LLC grew its position in shares of Expedia Group by 5.9% during the fourth quarter. Acropolis Investment Management LLC now owns 4,702 shares of the online travel company’s stock worth $1,332,000 after acquiring an additional 264 shares during the last quarter. Kaufman Rossin Wealth LLC increased its stake in shares of Expedia Group by 2.4% in the fourth quarter. Kaufman Rossin Wealth LLC now owns 2,320 shares of the online travel company’s stock valued at $657,000 after purchasing an additional 54 shares during the period. Finally, Wedge Capital Management L L P NC acquired a new stake in Expedia Group in the 4th quarter valued at approximately $35,242,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Expedia Group Company Profile

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.