Expedia Group, Inc. (NASDAQ:EXPE - Get Free Report) insider Robert Dzielak sold 1,004 shares of the business's stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $335.00, for a total value of $336,340.00. Following the transaction, the insider directly owned 104,331 shares in the company, valued at $34,950,885. This trade represents a 0.95% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Expedia Group Stock Performance
Shares of EXPE stock opened at $337.97 on Wednesday. The company has a fifty day moving average price of $284.21 and a two-hundred day moving average price of $249.33. Expedia Group, Inc. has a one year low of $185.34 and a one year high of $341.09. The stock has a market cap of $40.56 billion, a P/E ratio of 21.07, a P/E/G ratio of 0.83 and a beta of 1.22. The company has a debt-to-equity ratio of 2.21, a current ratio of 0.80 and a quick ratio of 0.80.
Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The online travel company reported $5.76 earnings per share for the quarter, topping the consensus estimate of $5.22 by $0.54. The company had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.17 billion. Expedia Group had a net margin of 12.97% and a return on equity of 87.32%. Expedia Group's revenue for the quarter was up 14.0% compared to the same quarter last year. During the same period in the previous year, the business earned $4.24 EPS. As a group, equities analysts predict that Expedia Group, Inc. will post 17.15 EPS for the current year.
Expedia Group Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, August 27th will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, August 27th. Expedia Group's payout ratio is 11.97%.
Institutional Trading of Expedia Group
A number of institutional investors and hedge funds have recently made changes to their positions in EXPE. Independence Bank of Kentucky raised its stake in Expedia Group by 0.6% during the second quarter. Independence Bank of Kentucky now owns 5,270 shares of the online travel company's stock worth $1,348,000 after purchasing an additional 32 shares during the period. Petredis Investment Advisors LLC increased its position in shares of Expedia Group by 3.2% during 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 during the last quarter. Geneos Wealth Management Inc. raised its holdings 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 valued at $161,000 after buying an additional 43 shares during the period. Ballentine Partners LLC raised its holdings in Expedia Group by 2.2% in the 4th quarter. Ballentine Partners LLC now owns 2,225 shares of the online travel company's stock valued at $630,000 after buying an additional 47 shares during the period. Finally, Beacon Financial Advisory LLC lifted its position in Expedia Group by 3.0% in the first quarter. Beacon Financial Advisory LLC now owns 1,628 shares of the online travel company's stock valued at $376,000 after buying an additional 48 shares during the last quarter. Institutional investors own 90.76% of the company's stock.
Key Stories Impacting Expedia Group
Here are the key news stories impacting Expedia Group this week:
- Positive Sentiment: BTIG raised its price target to $400 from $350 and reaffirmed a Buy rating, implying approximately 18.4% upside from the referenced trading level. The increase reflects stronger expectations following Expedia’s results and outlook. BTIG raises Expedia price target
- Positive Sentiment: Recent coverage highlighted Expedia’s strong second quarter and higher guidance as support for additional gains. Gross bookings increased 12%, revenue rose 14%, adjusted EBITDA margins improved and B2B gross bookings grew 21% year over year. The company also repurchased roughly 880,000 shares for $200 million and maintained its $0.48 quarterly dividend. Expedia strong Q2 and higher guidance
- Positive Sentiment: Expedia and Airbnb shares have benefited from continued investor enthusiasm for online travel companies, with expectations that resilient travel demand and improving operating performance can extend the sector’s rally. Airbnb and Expedia stocks rally
- Neutral Sentiment: Reported short-interest data showed zero shares sold short and a zero-day days-to-cover ratio. Because the figures indicate no measurable short position and include an anomalous percentage change, they provide little actionable information for EXPE investors.
- Negative Sentiment: Chief Legal Officer and Secretary Robert J. Dzielak sold 1,004 shares at an average price of $335, worth approximately $336,340. The transaction reduced his direct holdings by 0.95%; he still owned 104,331 shares afterward. The sale may weigh modestly on sentiment but is relatively small compared with his remaining stake. Expedia executive insider transaction
Analyst Ratings Changes
Several equities analysts have recently weighed in on EXPE shares. The Goldman Sachs Group set a $370.00 price objective on shares of Expedia Group in a research report on Thursday, August 6th. Bank of America restated a "buy" rating on shares of Expedia Group in a research report on Thursday, August 6th. UBS Group boosted their price objective on Expedia Group from $322.00 to $351.00 and gave the stock a "neutral" rating in a report on Wednesday, August 12th. Piper Sandler reaffirmed a "neutral" rating and issued a $325.00 target price (up from $245.00) on shares of Expedia Group in a research report on Thursday, August 6th. Finally, Wells Fargo & Company increased their target price on Expedia Group from $303.00 to $307.00 and gave the stock an "equal weight" rating in a research note on Friday, August 7th. Eighteen equities research analysts have rated the stock with a Buy rating and twenty-one have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Expedia Group has an average rating of "Hold" and an average price target of $317.45.
Check Out 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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