Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. lessened its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 2.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 11,189 shares of the online travel company’s stock after selling 257 shares during the period. D.A. Davidson & CO.’s holdings in Expedia Group were worth $2,085,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. SRH Advisors LLC acquired a new stake in Expedia Group in the 4th quarter valued at approximately $28,000. Grove Bank & Trust boosted its position in Expedia Group by 676.2% in the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock valued at $30,000 after buying an additional 142 shares during the period. Venturi Wealth Management LLC boosted its position in Expedia Group by 709.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock valued at $49,000 after buying an additional 291 shares during the period. Brooklyn Investment Group purchased a new position in Expedia Group in the 3rd quarter valued at approximately $51,000. Finally, Golden State Wealth Management LLC purchased a new position in Expedia Group in the 4th quarter valued at approximately $72,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Trading Down 4.0 %

NASDAQ EXPE opened at $196.91 on Friday. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. The firm has a market cap of $25.37 billion, a PE ratio of 21.76, a P/E/G ratio of 0.92 and a beta of 1.82. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $207.73. The firm’s fifty day moving average is $185.12 and its two-hundred day moving average is $165.21.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 EPS for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.22). Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. Analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.81%. This is a positive change from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Thursday, March 6th.

Insider Transactions at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the transaction, the director now directly owns 168,505 shares in the company, valued at $31,198,700.75. The trade was a 5.60 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Robert J. Dzielak sold 5,000 shares of the business’s stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total transaction of $1,028,500.00. Following the transaction, the insider now owns 74,502 shares in the company, valued at approximately $15,325,061.40. This trade represents a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,000 shares of company stock worth $4,577,900 over the last ninety days. 6.80% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Morgan Stanley raised their price target on shares of Expedia Group from $180.00 to $185.00 and gave the company an “equal weight” rating in a research report on Monday, January 13th. BMO Capital Markets raised their price target on shares of Expedia Group from $165.00 to $190.00 and gave the company a “market perform” rating in a research report on Monday, February 10th. The Goldman Sachs Group raised their price target on shares of Expedia Group from $208.00 to $236.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Wells Fargo & Company raised their price target on shares of Expedia Group from $168.00 to $199.00 and gave the company an “equal weight” rating in a research report on Friday, February 7th. Finally, Susquehanna lifted their price objective on shares of Expedia Group from $190.00 to $205.00 and gave the stock a “neutral” rating in a research report on Monday, February 10th. Nineteen research analysts have rated the stock with a hold rating, eleven have given a buy rating and four have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $192.64.

Expedia Group 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.