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

Expedia Group, Inc. (NASDAQ:EXPE) insider Robert Dzielak sold 2,000 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $330.50, for a total transaction of $661,000.00. Following the sale, the insider directly owned 105,335 shares of the company’s stock, valued at $34,813,217.50. The trade was a 1.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Expedia Group Stock Performance

EXPE opened at $321.42 on Wednesday. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 2.21. The company has a market cap of $38.58 billion, a price-to-earnings ratio of 20.04, a PEG ratio of 0.81 and a beta of 1.22. The company’s 50 day moving average is $274.21 and its 200 day moving average is $246.77. Expedia Group, Inc. has a 12-month low of $185.34 and a 12-month 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, beating the consensus estimate of $5.22 by $0.54. Expedia Group had a net margin of 12.97% and a return on equity of 87.32%. The company had revenue of $4.32 billion during the quarter, compared to analyst estimates of $4.17 billion. During the same period in the previous year, the business posted $4.24 earnings per share. The firm’s quarterly revenue was up 14.0% compared to the same quarter last year. On average, equities research analysts predict that Expedia Group, Inc. will post 17.15 EPS for the current year.

Expedia Group Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on EXPE. Weiss Ratings reiterated a “hold (c)” rating on shares of Expedia Group in a research report on Friday, August 7th. The Goldman Sachs Group set a $370.00 price objective on Expedia Group in a research note on Thursday, August 6th. Evercore reaffirmed an “outperform” rating on shares of Expedia Group in a research report on Thursday, August 6th. Argus boosted their price objective on Expedia Group from $270.00 to $315.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on shares of Expedia Group from $244.00 to $230.00 and set a “hold” rating for the company in a report on Monday, May 18th. Seventeen analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the company. According to data from MarketBeat, Expedia Group presently has an average rating of “Hold” and an average target price of $311.76.

Hedge Funds Weigh In On Expedia Group

Large investors have recently made changes to their positions in the business. Windacre Partnership LLC raised its stake in Expedia Group by 9.2% during the 3rd quarter. Windacre Partnership LLC now owns 3,682,100 shares of the online travel company’s stock valued at $787,049,000 after purchasing an additional 309,900 shares during the period. AQR Capital Management LLC boosted its stake in Expedia Group by 25.0% in the 3rd quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company’s stock worth $779,275,000 after purchasing an additional 728,063 shares during the period. Invesco Ltd. grew its holdings in Expedia Group by 8.0% during the 3rd 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 in the last quarter. Norges Bank purchased a new stake in Expedia Group during the 4th quarter valued at approximately $861,979,000. Finally, Wellington Management Group LLP raised its position in shares of Expedia Group by 24,899.5% during the third quarter. Wellington Management Group LLP now owns 1,808,466 shares of the online travel company’s stock valued at $386,560,000 after buying an additional 1,801,232 shares during the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

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.