Expedia Group, Inc. (NASDAQ:EXPE – Get Free Report) insider Robert Dzielak sold 4,702 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the transaction, the insider owned 105,448 shares in the company, valued at approximately $24,569,384. The trade was a 4.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Expedia Group Trading Down 1.3%
Shares of NASDAQ:EXPE traded down $2.98 during trading on Monday, hitting $225.90. 1,251,228 shares of the company’s stock were exchanged, compared to its average volume of 2,246,294. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.43. The firm has a market cap of $27.68 billion, a P/E ratio of 19.89, a PEG ratio of 0.60 and a beta of 1.25. The firm has a 50-day moving average price of $234.33 and a two-hundred day moving average price of $247.79. Expedia Group, Inc. has a 1-year low of $160.00 and a 1-year high of $303.80.
Expedia Group (NASDAQ:EXPE – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The firm had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $3.35 billion. During the same period last year, the firm earned $0.40 earnings per share. The business’s revenue for the quarter was up 14.7% on a year-over-year basis. Equities analysts predict that Expedia Group, Inc. will post 17.07 earnings per share for the current year.
Expedia Group Announces Dividend
Institutional Trading of Expedia Group
Several hedge funds and other institutional investors have recently modified their holdings of the company. Motiv8 Investments LLC bought a new stake in shares of Expedia Group in the fourth quarter valued at about $25,000. Entrust Financial LLC bought a new position in shares of Expedia Group during the fourth quarter worth about $26,000. JFS Wealth Advisors LLC raised its position in Expedia Group by 78.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock valued at $28,000 after buying an additional 44 shares during the last quarter. Lodestone Wealth Management LLC acquired a new stake in Expedia Group in the 4th quarter valued at approximately $29,000. Finally, Rossby Financial LCC lifted its stake in Expedia Group by 103.8% in the 3rd quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock valued at $35,000 after acquiring an additional 82 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on the company. Zacks Research lowered Expedia Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Benchmark lowered their price target on Expedia Group from $310.00 to $290.00 and set a “buy” rating for the company in a research note on Friday, February 13th. Argus reduced their price objective on shares of Expedia Group from $345.00 to $250.00 and set a “buy” rating on the stock in a research note on Tuesday, February 17th. Gordon Haskett decreased their price objective on shares of Expedia Group from $320.00 to $290.00 and set a “buy” rating for the company in a report on Wednesday, May 13th. Finally, Jefferies Financial Group upgraded shares of Expedia Group from a “hold” rating to a “buy” rating and increased their target price for the stock from $240.00 to $300.00 in a report on Monday, March 30th. Sixteen research analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $284.42.
Check Out Our Latest Analysis on Expedia Group
Expedia Group Company Profile
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
- Five stocks we like better than Expedia Group
- 3 Stocks With Fresh Catalysts to Watch Before the July 4
- Amprius Insiders Are Selling: Should Investors Be Worried?
- A Weaker Dollar Could Put These 3 Industrial Stocks Back in Focus
- A Market Rotation Toward Quality Will Benefit These 3 ETFs
Receive News & Ratings for Expedia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia Group and related companies with MarketBeat.com's FREE daily email newsletter.
