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

Expedia Group, Inc. (NASDAQ:EXPE) CAO Lance Soliday sold 940 shares of the company’s 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 directly owned 14,083 shares in the company, valued at approximately $3,124,454.38. The trade was a 6.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Expedia Group Stock Down 0.8%

EXPE opened at $225.79 on Friday. The stock has a market cap of $27.67 billion, a PE ratio of 19.88, a P/E/G ratio of 0.70 and a beta of 1.30. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43. Expedia Group, Inc. has a 52 week low of $160.00 and a 52 week high of $303.80. The business’s fifty day simple moving average is $235.30 and its 200 day simple moving average is $249.18.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.55. The business had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $3.35 billion. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The firm’s revenue was up 14.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.40 earnings per share. As a group, research analysts expect that Expedia Group, Inc. will post 17.07 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, May 28th will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, May 28th. Expedia Group’s dividend payout ratio is currently 16.90%.

Institutional Trading of Expedia Group

A number of institutional investors have recently modified their holdings of the company. Orion Porfolio Solutions LLC grew its position in shares of Expedia Group by 0.4% during the third quarter. Orion Porfolio Solutions LLC now owns 9,814 shares of the online travel company’s stock valued at $2,098,000 after purchasing an additional 38 shares in the last quarter. RHS Financial LLC grew its position in shares of Expedia Group by 4.0% during the fourth quarter. RHS Financial LLC now owns 1,030 shares of the online travel company’s stock valued at $292,000 after purchasing an additional 40 shares in the last quarter. Petredis Investment Advisors LLC lifted its holdings in shares of Expedia Group by 3.2% in the 1st quarter. Petredis Investment Advisors LLC now owns 1,305 shares of the online travel company’s stock valued at $301,000 after acquiring an additional 40 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Expedia Group by 8.2% in the 4th quarter. Geneos Wealth Management Inc. now owns 567 shares of the online travel company’s stock valued at $161,000 after acquiring an additional 43 shares during the last quarter. Finally, Harbor Investment Advisory LLC lifted its holdings in shares of Expedia Group by 16.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 319 shares of the online travel company’s stock valued at $90,000 after acquiring an additional 44 shares during the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently commented on EXPE shares. Evercore reissued an “outperform” rating on shares of Expedia Group in a research note on Monday, February 9th. Jefferies Financial Group raised Expedia Group from a “hold” rating to a “buy” rating and increased their target price for the company from $240.00 to $300.00 in a research note on Monday, March 30th. UBS Group reduced their price objective on Expedia Group from $266.00 to $262.00 and set a “neutral” rating on the stock in a research note on Friday, May 8th. Wells Fargo & Company reduced their price objective on Expedia Group from $310.00 to $307.00 and set an “equal weight” rating on the stock in a research note on Friday, May 8th. Finally, Robert W. Baird set a $290.00 price objective on Expedia Group in a research note on Friday, May 8th. 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, Expedia Group currently has a consensus rating of “Hold” and a consensus price target of $284.42.

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.