Expedia Group, Inc. (NASDAQ:EXPE – Get Free Report) insider Robert Dzielak sold 1,004 shares of the company’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $335.00, for a total transaction of $336,340.00. Following the sale, the insider owned 104,331 shares of the company’s stock, valued at $34,950,885. This represents a 0.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Expedia Group Price Performance
Shares of Expedia Group stock opened at $318.92 on Friday. The firm has a market cap of $38.28 billion, a PE ratio of 19.88, a price-to-earnings-growth ratio of 0.82 and a beta of 1.22. Expedia Group, Inc. has a 12-month low of $185.34 and a 12-month high of $342.00. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 2.21. The company’s fifty day simple moving average is $287.65 and its two-hundred day simple moving average is $250.63.
Expedia Group (NASDAQ:EXPE – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The online travel company reported $5.76 EPS for the quarter, beating the consensus estimate of $5.22 by $0.54. The firm had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.17 billion. Expedia Group had a net margin of 12.97% and a return on equity of 87.32%. The company’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.24 earnings per share. As a group, equities analysts expect that Expedia Group, Inc. will post 17.15 EPS for the current year.
Expedia Group Announces Dividend
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on the company. Citic Securities cut their price objective on Expedia Group from $337.00 to $320.00 and set a “buy” rating on the stock in a research report on Friday, May 15th. DA Davidson decreased their target price on Expedia Group from $260.00 to $250.00 and set a “neutral” rating for the company in a report on Friday, May 15th. Benchmark lifted their price target on shares of Expedia Group from $290.00 to $360.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Citigroup reissued a “neutral” rating on shares of Expedia Group in a research report on Wednesday, August 12th. Finally, Bank of America restated a “buy” rating on shares of Expedia Group in a report on Thursday, August 6th. Eighteen equities research analysts have rated the stock with a Buy rating and twenty-one have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $317.45.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Independence Bank of Kentucky grew its stake in Expedia Group by 0.6% in the second quarter. Independence Bank of Kentucky now owns 5,270 shares of the online travel company’s stock worth $1,348,000 after purchasing an additional 32 shares during the period. Petredis Investment Advisors LLC lifted its position in Expedia Group by 3.2% during the first quarter. Petredis Investment Advisors LLC now owns 1,305 shares of the online travel company’s stock valued at $301,000 after buying an additional 40 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of Expedia Group by 8.2% during the 4th quarter. Geneos Wealth Management Inc. now owns 567 shares of the online travel company’s stock valued at $161,000 after buying an additional 43 shares in the last quarter. Ballentine Partners LLC boosted its holdings in shares of Expedia Group by 2.2% during the 4th quarter. Ballentine Partners LLC now owns 2,225 shares of the online travel company’s stock valued at $630,000 after buying an additional 47 shares in the last quarter. Finally, Beacon Financial Advisory LLC grew its position in shares of Expedia Group by 3.0% in the 1st quarter. Beacon Financial Advisory LLC now owns 1,628 shares of the online travel company’s stock worth $376,000 after buying an additional 48 shares during the period. Hedge funds and other institutional investors own 90.76% of the company’s stock.
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.
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