Key Points
- Expedia CAO Lance Soliday sold 940 shares of EXPE on May 26 for about $208,548 at an average price of $221.86, leaving him with 14,083 shares after the transaction.
- Expedia recently reported strong quarterly results, posting EPS of $1.96 versus expectations of $1.41 and revenue of $3.43 billion, with sales up 14.7% year over year.
- The company also declared a quarterly dividend of $0.48 per share, implying an annualized yield of 0.8%, while analysts currently maintain a consensus rating of Hold with a price target of $284.42.
Expedia Group, Inc. (NASDAQ:EXPE - Get Free Report) CAO Lance Soliday sold 940 shares of the company's stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total value of $208,548.40. Following the completion of the sale, the chief accounting officer directly owned 14,083 shares in the company, valued at approximately $3,124,454.38. The trade was a 6.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Expedia Group Price Performance
EXPE stock opened at $227.55 on Friday. 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 quick ratio of 0.73 and a current ratio of 0.73. The stock's 50 day moving average price is $235.59 and its 200 day moving average price is $249.34. The firm has a market cap of $27.88 billion, a P/E ratio of 20.03, a PEG ratio of 0.69 and a beta of 1.30.
Expedia Group (NASDAQ:EXPE - Get 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, beating analysts' consensus estimates of $1.41 by $0.55. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The firm had revenue of $3.43 billion for the quarter, compared to analyst estimates of $3.35 billion. During the same quarter in the prior year, the company earned $0.40 EPS. Expedia Group's revenue was up 14.7% on a year-over-year basis. On average, sell-side analysts expect that Expedia Group, Inc. will post 17.07 earnings per share for the current fiscal year.
Expedia Group Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th will be paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, May 28th. Expedia Group's dividend payout ratio is currently 16.90%.
Analyst Ratings Changes
EXPE has been the topic of a number of recent analyst reports. Dbs Bank raised Expedia Group from a "hold" rating to a "moderate buy" rating in a research note on Monday, May 11th. Citizens Jmp reissued a "market perform" rating on shares of Expedia Group in a research note on Tuesday, February 17th. HSBC increased their price target on Expedia Group from $365.00 to $387.00 and gave the stock a "buy" rating in a research note on Friday, February 13th. Bank of America increased their price target on Expedia Group from $303.00 to $306.00 and gave the stock a "buy" rating in a research note on Friday, February 13th. Finally, The Goldman Sachs Group increased their price target on Expedia Group from $325.00 to $355.00 and gave the stock a "buy" rating in a research note on Friday, February 13th. Sixteen investment analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $284.42.
Get Our Latest Analysis on EXPE
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the company. Motiv8 Investments LLC purchased a new position in shares of Expedia Group in the 4th quarter worth $25,000. Entrust Financial LLC purchased a new position in shares of Expedia Group in the 4th quarter worth $26,000. JFS Wealth Advisors LLC raised its position in shares of Expedia Group by 78.6% in the 4th 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 during the period. Lodestone Wealth Management LLC purchased a new position in shares of Expedia Group in the 4th quarter worth $29,000. Finally, Rossby Financial LCC raised its position in shares of Expedia Group by 103.8% in the 3rd quarter. Rossby Financial LCC now owns 161 shares of the online travel company's stock worth $35,000 after buying an additional 82 shares during the period. 90.76% of the stock is owned by hedge funds and other institutional investors.
Expedia Group Company Profile
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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
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