Robert Dzielak Sells 3,003 Shares of Expedia Group (NASDAQ:EXPE) Stock

Expedia Group, Inc. (NASDAQ:EXPE) insider Robert Dzielak sold 3,003 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $315.00, for a total transaction of $945,945.00. Following the completion of the transaction, the insider owned 103,829 shares in the company, valued at approximately $32,706,135. This represents a 2.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Expedia Group Stock Performance

NASDAQ:EXPE opened at $332.69 on Friday. Expedia Group, Inc. has a fifty-two week low of $185.34 and a fifty-two week high of $333.24. The company has a debt-to-equity ratio of 2.21, a quick ratio of 0.80 and a current ratio of 0.80. The company has a 50 day moving average price of $270.55 and a 200 day moving average price of $246.18. The stock has a market capitalization of $39.93 billion, a P/E ratio of 20.74, a PEG ratio of 0.80 and a beta of 1.22.

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

Expedia Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.6%. Expedia Group’s payout ratio is presently 11.97%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on EXPE shares. Deutsche Bank Aktiengesellschaft decreased their target price on Expedia Group from $244.00 to $230.00 and set a “hold” rating on the stock in a research note on Monday, May 18th. BTIG Research boosted their price target on shares of Expedia Group from $330.00 to $350.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Truist Financial increased 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. BMO Capital Markets reissued a “market perform” rating and issued a $285.00 price objective on shares of Expedia Group in a research note on Friday, August 7th. Finally, UBS Group raised their price objective on shares of Expedia Group from $322.00 to $351.00 and gave the company a “neutral” rating in a research note on Wednesday. Seventeen research analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the company. According to MarketBeat, Expedia Group has a consensus rating of “Hold” and an average price target of $311.76.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Petredis Investment Advisors LLC boosted its stake in shares of Expedia Group by 3.2% in the 1st quarter. Petredis Investment Advisors LLC now owns 1,305 shares of the online travel company’s stock valued at $301,000 after buying an additional 40 shares during the period. Geneos Wealth Management Inc. increased its stake in shares of Expedia Group by 8.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 567 shares of the online travel company’s stock worth $161,000 after buying an additional 43 shares during the period. Ballentine Partners LLC increased its stake in shares of Expedia Group by 2.2% during the fourth quarter. Ballentine Partners LLC now owns 2,225 shares of the online travel company’s stock worth $630,000 after buying an additional 47 shares during the period. Beacon Financial Advisory LLC increased its stake in shares of Expedia Group by 3.0% during the first quarter. Beacon Financial Advisory LLC now owns 1,628 shares of the online travel company’s stock worth $376,000 after buying an additional 48 shares during the period. Finally, V Square Quantitative Management LLC raised its holdings in Expedia Group by 0.7% in the first quarter. V Square Quantitative Management LLC now owns 7,389 shares of the online travel company’s stock valued at $1,706,000 after acquiring an additional 49 shares in the last quarter. 90.76% of the stock is 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.