Expedia Group (NASDAQ:EXPE) Insider Robert Dzielak Sells 1,004 Shares

Expedia Group, Inc. (NASDAQ:EXPE) insider Robert Dzielak sold 1,004 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $335.00, for a total transaction of $336,340.00. Following the completion of the transaction, the insider owned 104,331 shares of the company’s stock, valued at approximately $34,950,885. The trade was a 0.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Expedia Group Stock Down 0.3%

EXPE traded down $1.16 during trading on Tuesday, hitting $337.97. 975,159 shares of the company’s stock traded hands, compared to its average volume of 2,025,453. The company’s 50 day simple moving average is $282.32 and its two-hundred day simple moving average is $248.62. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 2.21. Expedia Group, Inc. has a 12-month low of $185.34 and a 12-month high of $341.09. The stock has a market capitalization of $40.56 billion, a price-to-earnings ratio of 21.07, a PEG ratio of 0.79 and a beta of 1.22.

Expedia Group (NASDAQ:EXPE) last posted its 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. Expedia Group had a return on equity of 87.32% and a net margin of 12.97%.The business had revenue of $4.32 billion during the quarter, compared to analyst estimates of $4.17 billion. During the same quarter last year, the company earned $4.24 EPS. The company’s quarterly revenue was up 14.0% compared to the same quarter last year. Analysts predict 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 issued a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 0.6%. The ex-dividend date is Thursday, August 27th. Expedia Group’s dividend payout ratio (DPR) is presently 11.97%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. California State Teachers Retirement System increased its position in shares of Expedia Group by 23,808.5% during the 2nd quarter. California State Teachers Retirement System now owns 46,547,643 shares of the online travel company’s stock valued at $11,910,611,000 after purchasing an additional 46,352,952 shares during the last quarter. Windacre Partnership LLC boosted its holdings in shares of Expedia Group by 9.2% in the third quarter. Windacre Partnership LLC now owns 3,682,100 shares of the online travel company’s stock worth $787,049,000 after buying an additional 309,900 shares during the last quarter. AQR Capital Management LLC grew its position in Expedia Group by 25.0% during the third quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company’s stock valued at $779,275,000 after buying an additional 728,063 shares during the period. Invesco Ltd. grew its position in Expedia Group by 8.0% during the third quarter. Invesco Ltd. now owns 3,122,842 shares of the online travel company’s stock valued at $667,507,000 after buying an additional 230,176 shares during the period. Finally, Norges Bank purchased a new stake in Expedia Group during the fourth quarter valued at approximately $861,979,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

EXPE has been the topic of several research analyst reports. UBS Group upped their target price on shares of Expedia Group from $322.00 to $351.00 and gave the company a “neutral” rating in a research note on Wednesday, August 12th. Wedbush lifted their price target on shares of Expedia Group from $334.00 to $417.00 and gave the stock an “outperform” rating in a research note on Thursday, August 20th. Morgan Stanley boosted their price objective on shares of Expedia Group from $290.00 to $300.00 and gave the company an “equal weight” rating in a report on Thursday, July 30th. Barclays increased their price objective on shares of Expedia Group from $264.00 to $320.00 and gave the company an “equal weight” rating in a research report on Thursday, August 6th. Finally, BTIG Research raised their target price on shares of Expedia Group from $350.00 to $400.00 and gave the stock a “buy” rating in a report on Tuesday. Eighteen research analysts have rated the stock with a Buy rating and twenty-one have issued a Hold rating to the stock. According to MarketBeat.com, Expedia Group has an average rating of “Hold” and a consensus price target of $317.45.

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.