Expedia Group, Inc. (NASDAQ:EXPE – Get Free Report) insider Robert Dzielak sold 4,702 shares of Expedia Group stock in a transaction on Friday, June 5th. The shares were sold at an average price of $233.00, for a total value of $1,095,566.00. Following the sale, the insider directly owned 105,448 shares of the company’s stock, valued at $24,569,384. This represents a 4.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Expedia Group Price Performance
NASDAQ:EXPE opened at $225.90 on Tuesday. The firm has a market capitalization of $27.68 billion, a price-to-earnings ratio of 19.89, a P/E/G ratio of 0.60 and a beta of 1.25. Expedia Group, Inc. has a 52-week low of $160.00 and a 52-week high of $303.80. The stock has a fifty day moving average of $234.20 and a 200 day moving average of $247.69. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current ratio of 0.73.
Expedia Group (NASDAQ:EXPE – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.55. The company had revenue of $3.43 billion during the quarter, compared to analyst estimates of $3.35 billion. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The firm’s quarterly revenue was up 14.7% on a year-over-year basis. During the same quarter last year, the company earned $0.40 earnings per share. On average, research analysts expect that Expedia Group, Inc. will post 17.07 EPS for the current fiscal year.
Expedia Group Dividend Announcement
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the stock. Motiv8 Investments LLC purchased a new position in shares of Expedia Group in the fourth quarter worth about $25,000. Entrust Financial LLC purchased a new position in shares of Expedia Group in the fourth quarter worth about $26,000. JFS Wealth Advisors LLC increased its holdings in shares of Expedia Group by 78.6% in the fourth quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after buying an additional 44 shares during the period. Lodestone Wealth Management LLC purchased a new position in Expedia Group during the 4th quarter valued at about $29,000. Finally, Rossby Financial LCC increased its holdings in Expedia Group by 103.8% during the 3rd quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock valued at $35,000 after purchasing an additional 82 shares during the period. Hedge funds and other institutional investors own 90.76% of the company’s stock.
Wall Street Analysts Forecast Growth
EXPE has been the subject of several research analyst reports. Citizens Jmp reaffirmed a “market perform” rating on shares of Expedia Group in a research note on Tuesday, February 17th. Morgan Stanley lifted their price target on Expedia Group from $270.00 to $290.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 28th. HSBC lifted their price target on Expedia Group from $365.00 to $387.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Piper Sandler lifted their price target on Expedia Group from $225.00 to $245.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Finally, Wall Street Zen raised Expedia Group from a “buy” rating to a “strong-buy” rating in a research note on Sunday, May 10th. Sixteen research analysts have rated the stock with a Buy rating and twenty-three have given a Hold rating to the stock. According to data from MarketBeat.com, Expedia Group currently has an average rating of “Hold” and an average target price of $284.42.
Get Our Latest Analysis on EXPE
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.
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