Expedia Group, Inc. (NASDAQ:EXPE) Director Dara Khosrowshahi Sells 10,000 Shares

Expedia Group, Inc. (NASDAQ:EXPE) Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total value of $1,851,500.00. Following the sale, the director now directly owns 168,505 shares of the company’s stock, valued at $31,198,700.75. This trade represents a 5.60 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Dara Khosrowshahi also recently made the following trade(s):

• On Friday, November 1st, Dara Khosrowshahi sold 10,000 shares of Expedia Group stock. The stock was sold at an average price of $156.87, for a total transaction of $1,568,700.00.
• On Friday, October 4th, Dara Khosrowshahi sold 10,000 shares of Expedia Group stock. The stock was sold at an average price of $150.18, for a total transaction of $1,501,800.00.

Expedia Group Stock Performance

EXPE opened at $186.09 on Friday. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $192.34. The firm has a market capitalization of $23.88 billion, a PE ratio of 23.95, a PEG ratio of 1.07 and a beta of 1.83. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. The firm’s 50-day moving average price is $180.24 and its 200 day moving average price is $151.24.

Analyst Upgrades and Downgrades

Several research firms have commented on EXPE. JMP Securities reaffirmed a “market perform” rating on shares of Expedia Group in a report on Monday, December 16th. JPMorgan Chase & Co. upped their target price on Expedia Group from $135.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Oppenheimer lifted their price target on Expedia Group from $155.00 to $210.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Morgan Stanley upped their price objective on Expedia Group from $150.00 to $180.00 and gave the stock an “equal weight” rating in a research report on Friday, November 22nd. Finally, Jefferies Financial Group raised their price objective on shares of Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a research note on Tuesday, October 22nd. Twenty analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $169.77.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of EXPE. Windacre Partnership LLC increased its holdings in shares of Expedia Group by 49.5% in the third quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company’s stock valued at $639,994,000 after purchasing an additional 1,431,500 shares during the last quarter. Pacer Advisors Inc. grew its holdings in Expedia Group by 22.5% in the 3rd quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company’s stock valued at $481,170,000 after buying an additional 596,510 shares in the last quarter. Geode Capital Management LLC grew its holdings in Expedia Group by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 3,197,927 shares of the online travel company’s stock valued at $472,212,000 after buying an additional 20,005 shares in the last quarter. Fisher Asset Management LLC increased its stake in shares of Expedia Group by 9.4% in the 3rd quarter. Fisher Asset Management LLC now owns 1,689,485 shares of the online travel company’s stock worth $250,078,000 after acquiring an additional 144,579 shares during the last quarter. Finally, Alkeon Capital Management LLC raised its holdings in shares of Expedia Group by 46.3% during the 3rd quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company’s stock worth $233,349,000 after acquiring an additional 498,934 shares during the period. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.