Insider Selling: Expedia Group (NASDAQ:EXPE) Insider Sells $336,340.00 in Stock

Key Points

• Insider sale: Expedia Group insider Robert Dzielak sold 1,004 shares for approximately $336,340, reducing his position by 0.95% while retaining 104,331 shares.
• Strong quarterly results: Expedia reported quarterly EPS of $5.76, exceeding estimates by $0.54, while revenue rose 14% year over year to $4.32 billion.
• Stock and outlook: Shares traded near their 52-week high at $337.97, while analysts’ consensus rating remained “Hold” with an average price target of $317.45. The company also announced a quarterly dividend of $0.48 per share.

Expedia Group, Inc. (NASDAQ:EXPE - Get Free Report) insider Robert Dzielak sold 1,004 shares of Expedia Group stock in a transaction on Monday, August 24th. The shares were sold at an average price of $335.00, for a total transaction of $336,340.00. Following the completion of the sale, the insider owned 104,331 shares in the company, valued at approximately $34,950,885. This trade represents a 0.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Expedia Group Trading Down 0.3%

Shares of NASDAQ:EXPE traded down $1.16 on Tuesday, hitting $337.97. The company had a trading volume of 975,159 shares, compared to its average volume of 2,025,453. The firm's 50-day simple moving average is $282.32 and its two-hundred day simple moving average is $248.62. Expedia Group, Inc. has a 1 year low of $185.34 and a 1 year high of $341.09. 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 firm has a market capitalization of $40.56 billion, a price-to-earnings ratio of 21.07, a P/E/G ratio of 0.79 and a beta of 1.22.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The online travel company reported $5.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.22 by $0.54. Expedia Group had a net margin of 12.97% and a return on equity of 87.32%. The company had revenue of $4.32 billion for the quarter, compared to analysts' expectations of $4.17 billion. During the same quarter in the previous year, the company earned $4.24 earnings per share. Expedia Group's quarterly revenue was up 14.0% on a year-over-year basis. Equities analysts anticipate that Expedia Group, Inc. will post 17.15 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The company also recently disclosed 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 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, August 27th. Expedia Group's payout ratio is presently 11.97%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on EXPE. Dbs Bank upgraded Expedia Group from a "hold" rating to a "moderate buy" rating in a research note on Monday, May 11th. Susquehanna upped their price target on Expedia Group from $250.00 to $315.00 and gave the stock a "neutral" rating in a research note on Friday, August 7th. Truist Financial upped their target price on shares of Expedia Group from $246.00 to $309.00 and gave the stock a "hold" rating in a research report on Monday, August 3rd. Bank of America reiterated a "buy" rating on shares of Expedia Group in a research note on Thursday, August 6th. Finally, Benchmark lifted their price target on shares of Expedia Group from $290.00 to $360.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Eighteen research analysts have rated the stock with a Buy rating and twenty-one have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $317.45.

Institutional Investors Weigh In On Expedia Group

Institutional investors have recently modified their holdings of the stock. Independence Bank of Kentucky raised its position in shares of Expedia Group by 0.6% in the 2nd 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 last quarter. Petredis Investment Advisors LLC increased its stake in 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 valued at $301,000 after purchasing an additional 40 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in Expedia Group by 8.2% during the 4th quarter. Geneos Wealth Management Inc. now owns 567 shares of the online travel company's stock valued at $161,000 after purchasing an additional 43 shares in the last quarter. Ballentine Partners LLC raised its holdings in Expedia Group by 2.2% in the fourth quarter. Ballentine Partners LLC now owns 2,225 shares of the online travel company's stock worth $630,000 after buying an additional 47 shares during the last quarter. Finally, Beacon Financial Advisory LLC raised its holdings 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 worth $376,000 after buying an additional 48 shares during the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Company Profile

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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