Key Points
- Expedia insider sale: Insider Robert Dzielak sold 4,702 shares of Expedia Group at an average price of $233.00, totaling about $1.10 million. After the transaction, he still held 105,448 shares, a 4.27% reduction in his position.
- Stock and earnings context: Expedia shares were down 1.3% and opened at $225.90, below both the recent 50-day and 200-day moving averages. The company recently beat quarterly earnings expectations, reporting EPS of $1.96 versus $1.41 expected and revenue growth of 14.7% year over year.
- Dividend and analyst outlook: Expedia declared a quarterly dividend of $0.48 per share, or $1.92 annually, for a 0.8% yield. Analysts currently rate the stock a consensus Hold, with an average price target of $284.42.
Expedia Group, Inc. (NASDAQ:EXPE - Get Free Report) insider Robert Dzielak sold 4,702 shares of the business's stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $233.00, for a total value of $1,095,566.00. Following the transaction, the insider owned 105,448 shares in the company, valued at approximately $24,569,384. This represents a 4.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Expedia Group Stock Down 1.3%
Shares of NASDAQ:EXPE opened at $225.90 on Tuesday. Expedia Group, Inc. has a 1 year low of $160.00 and a 1 year high of $303.80. The company has a market cap of $27.68 billion, a PE ratio of 19.89, a P/E/G ratio of 0.60 and a beta of 1.25. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.73 and a quick ratio of 0.73. The stock's 50-day moving average is $234.20 and its 200 day moving average is $247.69.
Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly 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 company had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $3.35 billion. During the same quarter in the previous year, the business earned $0.40 EPS. Expedia Group's revenue was up 14.7% compared to the same quarter last year. Sell-side analysts anticipate that Expedia Group, Inc. will post 17.07 EPS for the current year.
Expedia Group Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, May 28th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, May 28th. Expedia Group's payout ratio is currently 16.90%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Orion Porfolio Solutions LLC grew its holdings in shares of Expedia Group by 0.4% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 9,814 shares of the online travel company's stock worth $2,098,000 after acquiring an additional 38 shares during the period. RHS Financial LLC boosted its position in shares of Expedia Group by 4.0% in the 4th quarter. RHS Financial LLC now owns 1,030 shares of the online travel company's stock worth $292,000 after purchasing an additional 40 shares in the last quarter. Petredis Investment Advisors LLC boosted its position in shares of Expedia Group by 3.2% in the 1st quarter. Petredis Investment Advisors LLC now owns 1,305 shares of the online travel company's stock worth $301,000 after purchasing an additional 40 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Expedia Group by 8.2% in the 4th quarter. Geneos Wealth Management Inc. now owns 567 shares of the online travel company's stock worth $161,000 after purchasing an additional 43 shares in the last quarter. Finally, Harbor Investment Advisory LLC boosted its position in shares of Expedia Group by 16.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 319 shares of the online travel company's stock worth $90,000 after purchasing an additional 44 shares in the last quarter. Hedge funds and other institutional investors own 90.76% of the company's stock.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on EXPE shares. Cantor Fitzgerald restated a "neutral" rating and set a $240.00 price target on shares of Expedia Group in a report on Monday, April 27th. Benchmark reduced their target price on Expedia Group from $310.00 to $290.00 and set a "buy" rating on the stock in a report on Friday, February 13th. Bank of America upped their target price on Expedia Group from $303.00 to $306.00 and gave the stock a "buy" rating in a report on Friday, February 13th. Evercore reiterated an "outperform" rating on shares of Expedia Group in a report on Monday, February 9th. Finally, Barclays upped their target price on Expedia Group from $260.00 to $264.00 and gave the stock an "equal weight" rating in a report on Monday, May 11th. Sixteen equities 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 an average rating of "Hold" and an average target price of $284.42.
Get Our Latest Research Report on EXPE
About Expedia Group
(
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.
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