Expedia Group Inc (NASDAQ:EXPE) Director Dara Khosrowshahi sold 50,000 shares of the business’s stock in a transaction on Friday, February 8th. The stock was sold at an average price of $130.31, for a total value of $6,515,500.00. Following the transaction, the director now directly owns 462,910 shares in the company, valued at approximately $60,321,802.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Dara Khosrowshahi also recently made the following trade(s):
- On Tuesday, February 5th, Dara Khosrowshahi sold 50,000 shares of Expedia Group stock. The stock was sold at an average price of $125.17, for a total value of $6,258,500.00.
EXPE stock opened at $127.46 on Thursday. The company has a current ratio of 0.64, a quick ratio of 0.70 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $18.90 billion, a P/E ratio of 26.50, a PEG ratio of 1.51 and a beta of 1.04. Expedia Group Inc has a 12-month low of $99.07 and a 12-month high of $139.77.
Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, February 7th. The online travel company reported $1.24 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.74 by $0.50. The firm had revenue of $2.56 billion for the quarter, compared to the consensus estimate of $2.55 billion. Expedia Group had a return on equity of 12.96% and a net margin of 3.62%. The company’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.84 EPS. On average, research analysts expect that Expedia Group Inc will post 5.49 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 27th. Investors of record on Thursday, March 7th will be issued a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, March 6th. This represents a $1.28 annualized dividend and a dividend yield of 1.00%. Expedia Group’s dividend payout ratio is presently 26.61%.
Hedge funds have recently bought and sold shares of the stock. Legacy Bridge LLC purchased a new stake in shares of Expedia Group in the 4th quarter valued at $35,000. JOYN Advisors Inc. grew its stake in Expedia Group by 53.0% during the 4th quarter. JOYN Advisors Inc. now owns 332 shares of the online travel company’s stock worth $37,000 after purchasing an additional 115 shares in the last quarter. Rational Advisors LLC acquired a new position in Expedia Group during the 4th quarter worth $38,000. Whittier Trust Co. of Nevada Inc. grew its stake in Expedia Group by 47.5% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 419 shares of the online travel company’s stock worth $47,000 after purchasing an additional 135 shares in the last quarter. Finally, River Wealth Advisors LLC grew its stake in Expedia Group by 50.0% during the 4th quarter. River Wealth Advisors LLC now owns 540 shares of the online travel company’s stock worth $61,000 after purchasing an additional 180 shares in the last quarter. Hedge funds and other institutional investors own 80.65% of the company’s stock.
EXPE has been the topic of a number of recent research reports. SunTrust Banks reissued a “buy” rating and set a $180.00 price objective on shares of Expedia Group in a research note on Monday, February 4th. Zacks Investment Research raised Expedia Group from a “sell” rating to a “hold” rating in a research note on Monday, January 21st. Oppenheimer set a $155.00 price objective on Expedia Group and gave the stock a “buy” rating in a research note on Tuesday, October 23rd. Morgan Stanley lowered Expedia Group from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $150.00 to $125.00 in a research note on Wednesday, January 9th. Finally, Piper Jaffray Companies reissued an “overweight” rating and set a $165.00 price objective on shares of Expedia Group in a research note on Friday, February 8th. Ten investment analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $145.63.
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About Expedia Group
Expedia Group, Inc, together with its subsidiaries, operates as an online travel company in the United States and internationally. It operates through Core OTA, Trivago, HomeAway, and Egencia segments. The company facilitates the booking of hotel rooms, airline seats, car rentals, and destination services from its travel suppliers; and acts as an agent in the transactions.
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