Robert J. Dzielak Sells 5,000 Shares of Expedia Group, Inc. (NASDAQ:EXPE) Stock

Expedia Group, Inc. (NASDAQ:EXPE - Get Free Report) insider Robert J. Dzielak sold 5,000 shares of the company's stock in a transaction that occurred on 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 sale, the insider now owns 74,502 shares in the company, valued at $15,325,061.40. The trade was a 6.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Expedia Group Trading Down 4.0 %

NASDAQ EXPE traded down $8.23 during mid-day trading on Friday, reaching $196.91. 2,559,504 shares of the stock were exchanged, compared to its average volume of 2,286,115. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $207.73. The business's fifty day simple moving average is $185.40 and its 200 day simple moving average is $166.51. The stock has a market capitalization of $25.37 billion, a PE ratio of 21.76, a PEG ratio of 0.92 and a beta of 1.82. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.06 by ($0.22). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. On average, research analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date of this dividend is Thursday, March 6th. This is a positive change from Expedia Group's previous quarterly dividend of $0.34. Expedia Group's dividend payout ratio (DPR) is 17.68%.

Hedge Funds Weigh In On Expedia Group

A number of hedge funds have recently made changes to their positions in EXPE. Greenleaf Trust raised its stake in shares of Expedia Group by 2.5% in the 4th quarter. Greenleaf Trust now owns 2,520 shares of the online travel company's stock valued at $470,000 after acquiring an additional 61 shares during the period. Hantz Financial Services Inc. raised its stake in shares of Expedia Group by 2.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company's stock valued at $441,000 after acquiring an additional 62 shares during the period. Empirical Finance LLC raised its stake in shares of Expedia Group by 1.3% in the 3rd quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company's stock valued at $704,000 after acquiring an additional 63 shares during the period. UMB Bank n.a. raised its stake in shares of Expedia Group by 14.8% in the 4th quarter. UMB Bank n.a. now owns 489 shares of the online travel company's stock valued at $91,000 after acquiring an additional 63 shares during the period. Finally, Venture Visionary Partners LLC raised its stake in shares of Expedia Group by 0.6% in the 3rd quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company's stock valued at $1,683,000 after acquiring an additional 64 shares during the period. Institutional investors and hedge funds own 90.76% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have commented on EXPE. BTIG Research increased their price target on shares of Expedia Group from $175.00 to $200.00 and gave the company a "buy" rating in a research note on Friday, November 8th. Oppenheimer increased their price target on shares of Expedia Group from $210.00 to $235.00 and gave the company an "outperform" rating in a research note on Friday, February 7th. DA Davidson increased their price target on shares of Expedia Group from $190.00 to $205.00 and gave the company a "neutral" rating in a research note on Friday, February 7th. Bank of America upgraded shares of Expedia Group from a "neutral" rating to a "buy" rating and increased their price target for the company from $187.00 to $221.00 in a research note on Wednesday, December 18th. Finally, Benchmark reiterated a "buy" rating and issued a $200.00 price target on shares of Expedia Group in a research note on Tuesday, February 4th. Nineteen analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $192.64.

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.