Insider Selling: Expedia Group (NASDAQ:EXPE) CAO Sells $909,456.50 in Stock

Expedia Group, Inc. (NASDAQ:EXPE) CAO Lance Soliday sold 2,810 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $323.65, for a total value of $909,456.50. Following the sale, the chief accounting officer owned 12,006 shares of the company’s stock, valued at $3,885,741.90. The trade was a 18.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Expedia Group Trading Down 0.8%

Shares of EXPE stock opened at $321.63 on Friday. The stock’s fifty day moving average is $280.28 and its two-hundred day moving average is $248.08. 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 firm has a market capitalization of $38.60 billion, a P/E ratio of 20.05, a PEG ratio of 0.79 and a beta of 1.22. Expedia Group, Inc. has a fifty-two week low of $185.34 and a fifty-two week high of $335.00.

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, topping the consensus estimate of $5.22 by $0.54. The company had revenue of $4.32 billion for the quarter, compared to analysts’ expectations of $4.17 billion. Expedia Group had a net margin of 12.97% and a return on equity of 87.32%. The firm’s quarterly revenue was up 14.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.24 EPS. Research analysts expect 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. Investors of record on Thursday, August 27th will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, August 27th. Expedia Group’s dividend payout ratio is currently 11.97%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Argus boosted their target price on Expedia Group from $270.00 to $315.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Citigroup reaffirmed a “neutral” rating on shares of Expedia Group in a report on Wednesday, August 12th. Evercore reiterated an “outperform” rating on shares of Expedia Group in a research report on Thursday, August 6th. Citic Securities lowered their price objective on Expedia Group from $337.00 to $320.00 and set a “buy” rating on the stock in a research note on Friday, May 15th. Finally, Truist Financial upped their target price on Expedia Group from $246.00 to $309.00 and gave the company a “hold” rating in a report on Monday, August 3rd. Seventeen investment analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $314.27.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Brighton Jones LLC acquired a new stake in Expedia Group during the fourth quarter worth $408,000. NewEdge Advisors LLC lifted its stake in shares of Expedia Group by 5.0% in the 1st quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock valued at $917,000 after purchasing an additional 259 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Expedia Group in the 2nd quarter valued at $596,000. Daiwa Securities Group Inc. grew its holdings in shares of Expedia Group by 6.5% during the 2nd quarter. Daiwa Securities Group Inc. now owns 21,265 shares of the online travel company’s stock worth $3,587,000 after purchasing an additional 1,290 shares during the period. Finally, AXA S.A. grew its holdings in shares of Expedia Group by 5.9% during the 2nd quarter. AXA S.A. now owns 11,042 shares of the online travel company’s stock worth $1,863,000 after purchasing an additional 615 shares during the period. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

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.