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

Expedia Group, Inc. (NASDAQ:EXPEGet Free Report) insider Robert Dzielak sold 2,000 shares of Expedia Group stock in a transaction on 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 $34,813,217.50. The trade was a 1.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Expedia Group Stock Performance

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

Expedia Group (NASDAQ:EXPEGet Free Report) last released its quarterly earnings results on Wednesday, August 5th. The online travel company reported $5.76 EPS for the quarter, topping analysts’ consensus estimates 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 net margin of 12.97% and a return on equity of 87.32%. Expedia Group’s revenue was up 14.0% on a year-over-year basis. During the same period in the previous year, the firm earned $4.24 EPS. Analysts predict that Expedia Group, Inc. will post 17.15 earnings per share for the current year.

Expedia Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, August 27th will be paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, August 27th. Expedia Group’s dividend payout ratio (DPR) is presently 11.97%.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Wall Street Zen lowered shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. The Goldman Sachs Group set a $370.00 price objective on Expedia Group in a research note on Thursday, August 6th. Morgan Stanley boosted their target price on Expedia Group from $290.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 30th. Citic Securities reduced their target price on Expedia Group from $337.00 to $320.00 and set a “buy” rating for the company in a report on Friday, May 15th. Finally, Cantor Fitzgerald lifted their price target on Expedia Group from $255.00 to $310.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Seventeen analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $311.76.

Get Our Latest Stock Report on Expedia Group

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Motiv8 Investments LLC acquired a new stake in Expedia Group during the 4th quarter worth approximately $25,000. Entrust Financial LLC acquired a new position in shares of Expedia Group during the 4th quarter worth about $26,000. First Bancorp Inc ME bought a new position in shares of Expedia Group in the 2nd quarter valued at about $28,000. Sunbelt Securities Inc. boosted its position in Expedia Group by 970.6% during the third 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 valued at $46,000 after purchasing an additional 131 shares during the last quarter. 90.76% of the stock is owned by institutional investors.

About Expedia Group

(Get Free Report)

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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Insider Buying and Selling by Quarter for Expedia Group (NASDAQ:EXPE)

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