Insider Selling: Expedia Group (NASDAQ:EXPE) CAO Sells 849 Shares of Stock

Key Points

  • CAO Lance Soliday sold 849 shares of Expedia on Nov. 21 at an average price of $248.08 (totaling $210,619.92), reducing his ownership by 6.79% to 11,662 shares per an SEC filing.
  • Expedia beat quarterly estimates, reporting $7.57 EPS (vs. $7.10 expected) and $4.41B revenue, and announced a $0.40 quarterly dividend (annualized $1.60, ~0.6% yield).

Expedia Group, Inc. (NASDAQ:EXPE - Get Free Report) CAO Lance Soliday sold 849 shares of the stock in a transaction that occurred 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 completion of the sale, the chief accounting officer directly owned 11,662 shares of the company's stock, valued at approximately $2,893,108.96. This trade represents a 6.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Expedia Group Trading Up 0.7%

Shares of Expedia Group stock opened at $249.14 on Tuesday. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. The stock has a fifty day simple moving average of $227.53 and a 200 day simple moving average of $199.70. Expedia Group, Inc. has a 12-month low of $130.01 and a 12-month high of $279.61. The company has a market capitalization of $30.53 billion, a P/E ratio of 30.53, a price-to-earnings-growth ratio of 1.15 and a beta of 1.58.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its earnings results on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, beating the consensus estimate of $7.10 by $0.47. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The company had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter in the prior year, the company posted $6.13 earnings per share. The firm's revenue for the quarter was up 8.7% on a year-over-year basis. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend




The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 19th will be given a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $1.60 annualized dividend and a yield of 0.6%. Expedia Group's payout ratio is currently 15.31%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of EXPE. OMNI 360 Wealth Inc. purchased a new stake in shares of Expedia Group during the 2nd quarter valued at $325,000. Korea Investment CORP grew its position in Expedia Group by 55.1% in the first quarter. Korea Investment CORP now owns 177,934 shares of the online travel company's stock worth $29,911,000 after acquiring an additional 63,244 shares in the last quarter. Leith Wheeler Investment Counsel Ltd. increased its stake in Expedia Group by 2.6% in the second quarter. Leith Wheeler Investment Counsel Ltd. now owns 107,973 shares of the online travel company's stock valued at $18,213,000 after acquiring an additional 2,767 shares during the last quarter. Vise Technologies Inc. purchased a new stake in Expedia Group during the second quarter valued at about $2,351,000. Finally, Plato Investment Management Ltd bought a new stake in Expedia Group during the first quarter worth about $1,648,000. 90.76% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on EXPE shares. CICC Research raised shares of Expedia Group from a "market perform" rating to an "outperform" rating and set a $271.00 price target on the stock in a report on Monday, November 10th. KeyCorp started coverage on shares of Expedia Group in a report on Wednesday, October 22nd. They issued a "sector weight" rating on the stock. Jefferies Financial Group increased their price objective on Expedia Group from $220.00 to $270.00 in a report on Monday, November 10th. Citigroup upped their price target on Expedia Group from $206.00 to $281.00 and gave the company a "neutral" rating in a research report on Tuesday, November 11th. Finally, BTIG Research upped their price objective on shares of Expedia Group from $250.00 to $275.00 and gave the company a "buy" rating in a report on Thursday, November 6th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and twenty-four have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $265.31.

Read Our Latest Report on Expedia Group

Expedia Group Company Profile

(Get Free Report)

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.

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