Expedia Group (NASDAQ:EXPE) Insider Robert Dzielak Sells 3,003 Shares of Stock

Expedia Group, Inc. (NASDAQ:EXPE) insider Robert Dzielak sold 3,003 shares of Expedia Group stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $315.00, for a total transaction of $945,945.00. Following the sale, the insider owned 103,829 shares of the company’s stock, valued at $32,706,135. The trade was a 2.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Expedia Group Price Performance

Expedia Group stock opened at $328.31 on Friday. The company has a debt-to-equity ratio of 2.21, a current ratio of 0.80 and a quick ratio of 0.80. The stock has a market cap of $40.23 billion, a price-to-earnings ratio of 20.47, a price-to-earnings-growth ratio of 0.80 and a beta of 1.22. The firm has a 50-day moving average of $268.47 and a two-hundred day moving average of $245.57. Expedia Group, Inc. has a 1 year low of $185.34 and a 1 year high of $331.31.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Wednesday, August 5th. The online travel company reported $5.76 EPS for the quarter, topping analysts’ consensus estimates of $5.22 by $0.54. Expedia Group had a net margin of 12.97% and a return on equity of 87.32%. The business had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.17 billion. During the same period last year, the company posted $4.24 earnings per share. The company’s quarterly revenue was up 14.0% compared to the same quarter last year. On average, research analysts forecast that Expedia Group, Inc. will post 17.18 earnings per share for the current year.

Expedia Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, August 27th will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 0.6%. The ex-dividend date is Thursday, August 27th. Expedia Group’s dividend payout ratio (DPR) is presently 11.97%.

Institutional Trading of Expedia Group

Hedge funds and other institutional investors have recently made changes to their positions in the business. Motiv8 Investments LLC purchased a new position in Expedia Group during the 4th quarter worth $25,000. Entrust Financial LLC purchased a new stake in Expedia Group in the fourth quarter valued at about $26,000. DV Equities LLC acquired a new stake in Expedia Group in the fourth quarter worth about $46,000. Elevation Wealth Partners LLC grew its stake in shares of Expedia Group by 272.9% during the second quarter. Elevation Wealth Partners LLC now owns 179 shares of the online travel company’s stock worth $46,000 after acquiring an additional 131 shares during the last quarter. Finally, Sunbelt Securities Inc. grew its stake in shares of Expedia Group by 970.6% during the third quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock worth $39,000 after acquiring an additional 165 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on EXPE. Evercore reiterated an “outperform” rating on shares of Expedia Group in a report on Thursday, August 6th. Robert W. Baird set a $335.00 price objective on Expedia Group in a report on Thursday, August 6th. Cantor Fitzgerald upped their price objective on shares of Expedia Group from $255.00 to $310.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Benchmark increased their target price on shares of Expedia Group from $290.00 to $360.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Finally, Morgan Stanley raised their target price on shares of Expedia Group from $290.00 to $300.00 and gave the company an “equal weight” rating in a research report on Thursday, July 30th. Seventeen equities research analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $311.76.

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.