Expedia Group (NASDAQ:EXPE) CAO Lance Soliday Sells 940 Shares

Expedia Group, Inc. (NASDAQ:EXPE) CAO Lance Soliday sold 940 shares of Expedia Group stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $221.86, for a total transaction of $208,548.40. Following the completion of the transaction, the chief accounting officer owned 14,083 shares in the company, valued at $3,124,454.38. This trade represents a 6.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Expedia Group Stock Performance

NASDAQ EXPE traded up $0.99 during midday trading on Thursday, hitting $227.55. The company had a trading volume of 975,288 shares, compared to its average volume of 2,291,401. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43. The stock has a market cap of $27.88 billion, a price-to-earnings ratio of 20.03, a P/E/G ratio of 0.69 and a beta of 1.30. The firm has a fifty day simple moving average of $235.86 and a two-hundred day simple moving average of $249.56. Expedia Group, Inc. has a fifty-two week low of $160.00 and a fifty-two week high of $303.80.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.55. The company had revenue of $3.43 billion for the quarter, compared to analyst estimates of $3.35 billion. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The business’s quarterly revenue was up 14.7% on a year-over-year basis. During the same period last year, the business posted $0.40 EPS. Equities analysts forecast that Expedia Group, Inc. will post 16.76 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th will be given a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, May 28th. Expedia Group’s dividend payout ratio (DPR) is currently 16.90%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on EXPE shares. Cantor Fitzgerald restated a “neutral” rating and issued a $240.00 price target on shares of Expedia Group in a research report on Monday, April 27th. Wedbush restated a “neutral” rating and issued a $260.00 price target on shares of Expedia Group in a research report on Tuesday, February 17th. Dbs Bank upgraded shares of Expedia Group from a “hold” rating to a “moderate buy” rating in a research report on Monday, May 11th. Citizens Jmp restated a “market perform” rating on shares of Expedia Group in a research report on Tuesday, February 17th. Finally, Barclays lifted their target price on shares of Expedia Group from $260.00 to $264.00 and gave the company an “equal weight” rating in a research report on Monday, May 11th. Sixteen equities research analysts have rated the stock with a Buy rating and twenty-three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $284.42.

Hedge Funds Weigh In On Expedia Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Windacre Partnership LLC boosted its position in 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 valued at $787,049,000 after buying an additional 309,900 shares in the last quarter. AQR Capital Management LLC boosted its position in Expedia Group by 25.0% in 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 in the last quarter. Invesco Ltd. boosted its position in Expedia Group by 8.0% in 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 in the last quarter. Norges Bank acquired a new position in Expedia Group in the fourth quarter valued at about $861,979,000. Finally, Wellington Management Group LLP boosted its position in Expedia Group by 24,899.5% in 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 in the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

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.