Expedia Group (NASDAQ:EXPE) Shares Down 4.3% – Should You Sell?

Expedia Group, Inc. (NASDAQ:EXPE) fell 4.3% during trading on Tuesday . The stock traded as low as $275.67 and last traded at $268.8350. 239,360 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 2,002,761 shares. The stock had previously closed at $281.02.

Analyst Ratings Changes

A number of research analysts have weighed in on EXPE shares. B. Riley Financial raised their price objective on Expedia Group from $350.00 to $390.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Truist Financial raised their target price on shares of Expedia Group from $246.00 to $309.00 and gave the stock a “hold” rating in a research report on Monday, August 3rd. Robert W. Baird set a $335.00 price target on Expedia Group in a report on Thursday, August 6th. Rosenblatt Securities began coverage on Expedia Group in a report on Tuesday, September 1st. They issued a “neutral” rating and a $360.00 price objective on the stock. Finally, Wells Fargo & Company upped their price target on shares of Expedia Group from $303.00 to $307.00 and gave the stock an “equal weight” rating in a research note on Friday, August 7th. Eighteen analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $316.79.

Expedia Group Stock Performance

The firm has a market capitalization of $31.94 billion, a PE ratio of 16.57, a price-to-earnings-growth ratio of 0.68 and a beta of 1.25. The company’s fifty day moving average price is $298.67 and its two-hundred day moving average price is $260.15. The company has a debt-to-equity ratio of 2.21, a quick ratio of 0.80 and a current ratio of 0.80.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data 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 the consensus estimate of $4.17 billion. During the same period in the prior year, the firm posted $4.24 EPS. The business’s revenue for the quarter was up 14.0% on a year-over-year basis. As a group, equities analysts expect that Expedia Group, Inc. will post 17.14 earnings per share for the current year.

Expedia Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, August 27th were given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, August 27th. Expedia Group’s payout ratio is presently 11.97%.

Insiders Place Their Bets

In other news, insider Robert J. Dzielak sold 1,004 shares of Expedia Group stock in a transaction dated 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 sale, the insider directly owned 104,331 shares in the company, valued at $34,950,885. The trade was a 0.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Lance A. Soliday sold 2,810 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $323.65, for a total transaction of $909,456.50. Following the transaction, the chief accounting officer directly owned 12,006 shares in the company, valued at $3,885,741.90. The trade was a 18.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 11,950 shares of company stock worth $3,881,995 in the last three months. 5.20% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Norges Bank bought a new position in shares of Expedia Group in the fourth quarter valued at approximately $861,979,000. Deutsche Bank AG raised its holdings in Expedia Group by 55.0% in the 4th quarter. Deutsche Bank AG now owns 1,286,093 shares of the online travel company’s stock worth $364,363,000 after acquiring an additional 456,176 shares during the period. First Trust Advisors LP lifted its position in Expedia Group by 104.1% during the 1st quarter. First Trust Advisors LP now owns 1,191,528 shares of the online travel company’s stock worth $275,112,000 after acquiring an additional 607,698 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Expedia Group by 1.5% in the first quarter. Dimensional Fund Advisors LP now owns 1,190,874 shares of the online travel company’s stock valued at $274,948,000 after purchasing an additional 17,378 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its position in shares of Expedia Group by 13.3% in the first quarter. Pacer Advisors Inc. now owns 1,069,524 shares of the online travel company’s stock valued at $246,942,000 after acquiring an additional 125,749 shares during the period. 90.76% of the stock is owned by institutional investors.

About Expedia Group

Expedia Group, Inc is an online travel company that connects travelers with lodging, transportation, activities and other travel-related services. Its consumer brands include Expedia, Hotels.com, Vrbo, Travelocity, Orbitz, Wotif and ebookers. Through these platforms, customers can search for and book hotel stays, vacation rentals, flights, rental cars, cruises, vacation packages and activities.

The company also provides business-to-business travel technology and booking services through its partnerships with airlines, hotels, financial institutions, retailers and other organizations.