Insider Selling: Expedia Group, Inc. (NASDAQ:EXPE) Director Sells 10,000 Shares of Stock

Expedia Group, Inc. (NASDAQ:EXPE) Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $156.87, for a total value of $1,568,700.00. Following the transaction, the director now owns 188,505 shares in the company, valued at $29,570,779.35. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Dara Khosrowshahi also recently made the following trade(s):

• On Friday, October 4th, Dara Khosrowshahi sold 10,000 shares of Expedia Group stock. The stock was sold at an average price of $150.18, for a total value of $1,501,800.00.
• On Friday, September 27th, Dara Khosrowshahi sold 10,000 shares of Expedia Group stock. The stock was sold at an average price of $150.21, for a total transaction of $1,502,100.00.

Expedia Group Stock Up 4.2 %

NASDAQ:EXPE opened at $171.85 on Thursday. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.76 and a current ratio of 0.76. The firm has a market cap of $22.37 billion, a P/E ratio of 30.69, a P/E/G ratio of 0.62 and a beta of 1.78. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $173.61. The firm has a 50-day simple moving average of $148.31 and a two-hundred day simple moving average of $132.84.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, August 8th. The online travel company reported $3.51 earnings per share for the quarter, beating the consensus estimate of $3.17 by $0.34. Expedia Group had a net margin of 6.09% and a return on equity of 47.55%. The company had revenue of $3.56 billion during the quarter, compared to the consensus estimate of $3.53 billion. During the same quarter last year, the firm earned $2.34 earnings per share. The firm’s quarterly revenue was up 6.0% compared to the same quarter last year. Analysts predict that Expedia Group, Inc. will post 8.99 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. ORG Partners LLC increased its holdings in Expedia Group by 4,525.0% in the 1st quarter. ORG Partners LLC now owns 185 shares of the online travel company’s stock worth $25,000 after buying an additional 181 shares in the last quarter. Innealta Capital LLC purchased a new stake in shares of Expedia Group during the 2nd quarter valued at about $27,000. Blue Trust Inc. grew its stake in shares of Expedia Group by 93.8% in the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock worth $30,000 after acquiring an additional 105 shares during the period. Crewe Advisors LLC purchased a new position in shares of Expedia Group during the first quarter valued at approximately $40,000. Finally, LRI Investments LLC bought a new position in Expedia Group during the first quarter valued at approximately $48,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Analyst Ratings Changes

EXPE has been the topic of several recent research reports. Barclays reduced their target price on shares of Expedia Group from $138.00 to $134.00 and set an “equal weight” rating on the stock in a report on Friday, August 9th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $130.00 price objective on shares of Expedia Group in a report on Monday, October 7th. Truist Financial assumed coverage on Expedia Group in a report on Friday, September 6th. They set a “hold” rating and a $148.00 target price for the company. DA Davidson reaffirmed a “neutral” rating and issued a $135.00 price target on shares of Expedia Group in a research note on Friday, August 9th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $140.00 price objective on shares of Expedia Group in a research note on Friday, August 9th. Nineteen analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Expedia Group presently has an average rating of “Hold” and an average target price of $152.54.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.