Expedia Group, Inc. (NASDAQ:EXPE) Director Dara Khosrowshahi Sells 10,000 Shares

Expedia Group, Inc. (NASDAQ:EXPE) Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the sale, the director now directly owns 158,505 shares of the company’s stock, valued at $26,912,563.95. The trade was a 5.93 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Dara Khosrowshahi also recently made the following trade(s):

• On Thursday, January 2nd, Dara Khosrowshahi sold 10,000 shares of Expedia Group stock. The stock was sold at an average price of $185.15, for a total transaction of $1,851,500.00.

Expedia Group Stock Up 1.7 %

Shares of NASDAQ EXPE opened at $172.57 on Friday. The company’s 50-day simple moving average is $182.31 and its 200-day simple moving average is $159.83. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $192.34. The firm has a market cap of $22.15 billion, a price-to-earnings ratio of 22.21, a price-to-earnings-growth ratio of 0.77 and a beta of 1.82. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.06 by ($0.22). Expedia Group had a net margin of 7.97% and a return on equity of 49.25%. Equities analysts predict that Expedia Group, Inc. will post 8.76 EPS for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.93%. This is a boost from Expedia Group’s previous quarterly dividend of $0.34.

Analyst Ratings Changes

EXPE has been the subject of a number of research analyst reports. JPMorgan Chase & Co. raised their price target on shares of Expedia Group from $135.00 to $170.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. DA Davidson raised their price target on shares of Expedia Group from $135.00 to $190.00 and gave the stock a “neutral” rating in a report on Monday, November 18th. StockNews.com raised shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, December 14th. Baird R W raised shares of Expedia Group to a “strong-buy” rating in a report on Wednesday, November 27th. Finally, Cantor Fitzgerald decreased their price target on shares of Expedia Group from $190.00 to $180.00 and set a “neutral” rating for the company in a report on Wednesday, January 29th. Twenty analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, Expedia Group currently has a consensus rating of “Hold” and a consensus target price of $177.75.

Institutional Trading of Expedia Group

Large investors have recently bought and sold shares of the business. Caprock Group LLC grew its stake in Expedia Group by 33.7% during the 3rd quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock valued at $1,508,000 after acquiring an additional 2,569 shares in the last quarter. Teamwork Financial Advisors LLC purchased a new stake in Expedia Group during the 4th quarter valued at about $1,791,000. Cozad Asset Management Inc. grew its stake in Expedia Group by 16.9% during the 3rd quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock valued at $4,562,000 after acquiring an additional 4,449 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in Expedia Group by 13.1% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock valued at $96,171,000 after purchasing an additional 75,120 shares during the last quarter. Finally, Integrated Investment Consultants LLC acquired a new position in Expedia Group in the 3rd quarter valued at about $527,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Company Profile

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.