Expedia Group (NASDAQ:EXPE) CAO Sells $208,548.40 in Stock

Expedia Group, Inc. (NASDAQ:EXPEGet Free Report) CAO Lance Soliday sold 940 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $221.86, for a total value of $208,548.40. Following the sale, the chief accounting officer owned 14,083 shares in the company, valued at approximately $3,124,454.38. This represents a 6.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Expedia Group Trading Down 0.8%

NASDAQ:EXPE opened at $225.79 on Friday. The company has a market cap of $27.67 billion, a P/E ratio of 19.88, a P/E/G ratio of 0.69 and a beta of 1.30. The stock’s fifty day moving average price is $235.30 and its two-hundred day moving average price is $249.18. Expedia Group, Inc. has a 1 year low of $160.00 and a 1 year high of $303.80. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.73 and a quick ratio of 0.73.

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

Expedia Group Dividend Announcement

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 is Thursday, May 28th. This represents a $1.92 annualized dividend and a dividend yield of 0.9%. Expedia Group’s dividend payout ratio is currently 16.90%.

Analyst Ratings Changes

EXPE has been the topic of several recent research reports. Wall Street Zen upgraded Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 10th. Weiss Ratings downgraded Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. UBS Group dropped their target price on Expedia Group from $266.00 to $262.00 and set a “neutral” rating on the stock in a research report on Friday, May 8th. Mizuho lowered their price objective on Expedia Group from $270.00 to $245.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 3rd. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $240.00 price objective on shares of Expedia Group in a research report on Monday, April 27th. Sixteen analysts have rated the stock with a Buy rating and twenty-three have given a Hold rating to the company. According to data from MarketBeat, Expedia Group presently has an average rating of “Hold” and an average price target of $284.42.

Get Our Latest Stock Report on Expedia Group

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Orion Porfolio Solutions LLC increased its stake in Expedia Group by 0.4% in 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 acquiring an additional 38 shares during the last quarter. RHS Financial LLC increased its stake in 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 acquiring an additional 40 shares during the last quarter. Petredis Investment Advisors LLC increased its stake in 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 acquiring an additional 40 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in 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 acquiring an additional 43 shares during the last quarter. Finally, Harbor Investment Advisory LLC increased its stake in 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 acquiring an additional 44 shares during the last quarter. Institutional investors own 90.76% of the company’s stock.

Expedia Group Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Expedia Group (NASDAQ:EXPE)

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