Expedia Group, Inc. (NASDAQ:EXPE - Get Free Report) Director Craig Jacobson sold 3,133 shares of Expedia Group stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $328.52, for a total transaction of $1,029,253.16. Following the transaction, the director owned 29,832 shares of the company's stock, valued at $9,800,408.64. The trade was a 9.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Expedia Group Stock Performance
Shares of EXPE opened at $318.50 on Tuesday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 2.21. The stock has a market cap of $38.23 billion, a P/E ratio of 19.86, a P/E/G ratio of 0.81 and a beta of 1.22. The business's 50 day moving average price is $272.40 and its 200-day moving average price is $246.38. Expedia Group, Inc. has a 52 week low of $185.34 and a 52 week high of $335.00.
Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The online travel company reported $5.76 earnings per share for the quarter, beating analysts' consensus estimates of $5.22 by $0.54. The company had revenue of $4.32 billion during the quarter, compared to analyst estimates of $4.17 billion. Expedia Group had a return on equity of 87.32% and a net margin of 12.97%.The firm's revenue for the quarter was up 14.0% on a year-over-year basis. During the same quarter last year, the company earned $4.24 EPS. Equities research analysts anticipate that Expedia Group, Inc. will post 17.15 earnings per share for the current fiscal year.
Expedia Group Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, August 27th will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, August 27th. Expedia Group's dividend payout ratio is currently 11.97%.
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on EXPE. Robert W. Baird set a $335.00 price target on Expedia Group in a research report on Thursday, August 6th. Susquehanna increased their price objective on shares of Expedia Group from $250.00 to $315.00 and gave the company a "neutral" rating in a research report on Friday, August 7th. UBS Group raised their price objective on shares of Expedia Group from $322.00 to $351.00 and gave the company a "neutral" rating in a research note on Wednesday, August 12th. Citigroup reaffirmed a "neutral" rating on shares of Expedia Group in a report on Wednesday, August 12th. Finally, Argus upped their target price on shares of Expedia Group from $270.00 to $315.00 and gave the stock a "buy" rating in a research note on Tuesday, July 7th. Seventeen investment analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $311.76.
Get Our Latest Stock Analysis on EXPE
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the business. Petredis Investment Advisors LLC increased its holdings in 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 buying an additional 40 shares in the last quarter. Geneos Wealth Management Inc. raised its position in 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 buying an additional 43 shares during the last quarter. Ballentine Partners LLC lifted its stake in Expedia Group by 2.2% during the 4th quarter. Ballentine Partners LLC now owns 2,225 shares of the online travel company's stock valued at $630,000 after acquiring an additional 47 shares during the period. Beacon Financial Advisory LLC lifted its stake in Expedia Group by 3.0% during the 1st quarter. Beacon Financial Advisory LLC now owns 1,628 shares of the online travel company's stock valued at $376,000 after acquiring an additional 48 shares during the period. Finally, V Square Quantitative Management LLC boosted its holdings in shares of Expedia Group by 0.7% during the 1st quarter. V Square Quantitative Management LLC now owns 7,389 shares of the online travel company's stock valued at $1,706,000 after acquiring an additional 49 shares during the last quarter. 90.76% of the stock is owned by institutional investors.
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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