Expedia Group (NASDAQ:EXPE) Stock Price Down 5.5% – Time to Sell?

Expedia Group, Inc. (NASDAQ:EXPE)’s stock price dropped 5.5% during trading on Wednesday . The stock traded as low as $284.67 and last traded at $283.4160. Approximately 500,171 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 1,330,851 shares. The stock had previously closed at $299.97.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. HSBC upped their target price on Expedia Group from $272.00 to $365.00 and gave the stock a “buy” rating in a research note on Friday, January 9th. JPMorgan Chase & Co. upped their price objective on Expedia Group from $225.00 to $260.00 and gave the stock a “neutral” rating in a research report on Friday, November 7th. BNP Paribas Exane began coverage on shares of Expedia Group in a report on Monday, November 24th. They set a “neutral” rating for the company. TD Cowen increased their price target on shares of Expedia Group from $220.00 to $256.00 in a report on Friday, November 7th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Expedia Group in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and twenty-four have issued a Hold rating to the stock. According to MarketBeat, Expedia Group has a consensus rating of “Hold” and a consensus price target of $288.16.

Expedia Group Price Performance

The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.72. The stock’s 50-day simple moving average is $274.27 and its two-hundred day simple moving average is $229.93. The company has a market capitalization of $34.93 billion, a price-to-earnings ratio of 27.28, a PEG ratio of 1.06 and a beta of 1.43.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, topping analysts’ consensus estimates of $7.10 by $0.47. The business had revenue of $4.41 billion during the quarter, compared to analysts’ expectations of $4.28 billion. Expedia Group had a net margin of 9.66% and a return on equity of 64.15%. The company’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $6.13 earnings per share. Equities research analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 11th. Stockholders of record on Wednesday, November 19th were paid a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, November 19th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.6%. Expedia Group’s payout ratio is currently 15.31%.

Insider Activity at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 849 shares of the firm’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $248.08, for a total value of $210,619.92. Following the transaction, the chief accounting officer owned 11,662 shares in the company, valued at approximately $2,893,108.96. This trade represents a 6.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $271.55, for a total transaction of $814,650.00. Following the sale, the director directly owned 30,858 shares in the company, valued at approximately $8,379,489.90. This trade represents a 8.86% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 4,849 shares of company stock valued at $1,283,270. 9.13% of the stock is owned by insiders.

Institutional Trading of Expedia Group

Several large investors have recently bought and sold shares of EXPE. Spire Wealth Management boosted its holdings in shares of Expedia Group by 114.3% during the 2nd quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock worth $25,000 after purchasing an additional 80 shares during the last quarter. JFS Wealth Advisors LLC lifted its position in Expedia Group by 78.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after buying an additional 44 shares in the last quarter. GFG Capital LLC acquired a new position in Expedia Group during the second quarter worth $29,000. Lodestone Wealth Management LLC purchased a new stake in Expedia Group in the 4th quarter valued at $29,000. Finally, Grey Fox Wealth Advisors LLC acquired a new stake in shares of Expedia Group in the 3rd quarter worth $30,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

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.