Insider Selling: Expedia Group (NASDAQ:EXPE) Insider Sells $1,095,566.00 in Stock

Expedia Group, Inc. (NASDAQ:EXPE) insider Robert Dzielak sold 4,702 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $233.00, for a total value of $1,095,566.00. Following the completion of the sale, the insider directly owned 105,448 shares of the company’s stock, valued at approximately $24,569,384. The trade was a 4.27% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Expedia Group Trading Down 5.2%

Shares of NASDAQ EXPE opened at $218.94 on Thursday. The stock has a market cap of $26.83 billion, a price-to-earnings ratio of 19.27, a PEG ratio of 0.60 and a beta of 1.25. The business has a 50 day simple moving average of $234.15 and a 200 day simple moving average of $247.51. Expedia Group, Inc. has a 52 week low of $160.00 and a 52 week high of $303.80. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current ratio of 0.73.

Expedia Group (NASDAQ:EXPE) last announced its earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.55. The firm had revenue of $3.43 billion during 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 company’s revenue was up 14.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.40 earnings per share. On average, research analysts predict that Expedia Group, Inc. will post 17.07 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

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

Analyst Ratings Changes

A number of brokerages have issued reports on EXPE. B. Riley Financial decreased their target price on Expedia Group from $360.00 to $350.00 and set a “buy” rating for the company in a research report on Monday, April 27th. UBS Group decreased their target price on Expedia Group from $266.00 to $262.00 and set a “neutral” rating for the company in a research report on Friday, May 8th. Wells Fargo & Company decreased their target price on Expedia Group from $310.00 to $307.00 and set an “equal weight” rating for the company in a research report on Friday, May 8th. Citizens Jmp reiterated a “market perform” rating on shares of Expedia Group in a report on Tuesday, February 17th. Finally, Mizuho cut their price target on Expedia Group from $270.00 to $245.00 and set a “neutral” rating for the company in a report on Tuesday, March 3rd. Sixteen analysts have rated the stock with a Buy rating and twenty-three have given a Hold rating to the company. Based on data from MarketBeat, Expedia Group has a consensus rating of “Hold” and an average price target of $284.42.

Institutional Inflows and Outflows

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

About Expedia Group

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.