Robert Dzielak Sells 3,003 Shares of Expedia Group (NASDAQ:EXPE) Stock

Key Points

• Insider sale: Expedia Group insider Robert Dzielak sold 3,003 shares for approximately $945,945, reducing his direct holdings by 2.81% to 103,829 shares.
• Strong quarterly results: Expedia reported $5.76 in adjusted earnings per share and $4.32 billion in revenue, exceeding analyst expectations, while revenue increased 14% year over year.
• Stock and outlook: Shares traded near their 12-month high at $328.31. Analysts maintain a consensus “Hold” rating with an average price target of $311.76, despite several firms raising their targets.

Expedia Group, Inc. (NASDAQ:EXPE - Get Free Report) insider Robert Dzielak sold 3,003 shares of the company's stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $315.00, for a total transaction of $945,945.00. Following the transaction, the insider directly owned 103,829 shares in the company, valued at $32,706,135. The trade was a 2.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.

Expedia Group Trading Up 0.8%

Expedia Group stock traded up $2.74 during trading on Thursday, reaching $328.31. The company had a trading volume of 815,432 shares, compared to its average volume of 2,061,417. Expedia Group, Inc. has a 12-month low of $185.34 and a 12-month high of $331.31. The company has a debt-to-equity ratio of 2.21, a quick ratio of 0.80 and a current ratio of 0.80. The stock's 50 day moving average price is $266.45 and its two-hundred day moving average price is $245.16. The firm has a market capitalization of $40.23 billion, a price-to-earnings ratio of 20.47, a PEG ratio of 0.78 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 EPS for the quarter, topping the consensus estimate of $5.22 by $0.54. Expedia Group had a return on equity of 87.32% and a net margin of 12.97%.The company had revenue of $4.32 billion during the quarter, compared to analyst estimates of $4.17 billion. During the same period in the prior year, the firm posted $4.24 earnings per share. The firm's revenue was up 14.0% on a year-over-year basis. As a group, equities analysts expect that Expedia Group, Inc. will post 17.18 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, August 27th will be paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Thursday, August 27th. Expedia Group's payout ratio is currently 11.97%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on EXPE. BTIG Research raised their target price on Expedia Group from $330.00 to $350.00 and gave the company a "buy" rating in a report on Thursday, August 6th. Dbs Bank upgraded shares of Expedia Group from a "hold" rating to a "moderate buy" rating in a research note on Monday, May 11th. Royal Bank Of Canada raised their price target on shares of Expedia Group from $290.00 to $330.00 and gave the company a "sector perform" rating in a report on Thursday, August 6th. Wall Street Zen lowered shares of Expedia Group from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 8th. Finally, B. Riley Financial raised their target price on Expedia Group from $350.00 to $390.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. Seventeen research analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $311.76.

Institutional Investors Weigh In On Expedia Group

A number of institutional investors have recently modified their holdings of the stock. Corient Private Wealth LLC raised its stake in Expedia Group by 17.8% during the 4th quarter. Corient Private Wealth LLC now owns 61,211 shares of the online travel company's stock valued at $17,344,000 after acquiring an additional 9,256 shares in the last quarter. Lombard Odier Asset Management Switzerland SA bought a new position in shares of Expedia Group in the first quarter worth $910,000. Monument Capital Management acquired a new position in shares of Expedia Group during the fourth quarter valued at $2,781,000. Lmcg Investments LLC increased its holdings in shares of Expedia Group by 276.0% during the fourth quarter. Lmcg Investments LLC now owns 9,655 shares of the online travel company's stock valued at $2,735,000 after purchasing an additional 7,087 shares during the period. Finally, North Dakota State Investment Board bought a new stake in shares of Expedia Group during the fourth quarter valued at about $3,027,000. Institutional investors and hedge funds own 90.76% of the company's stock.

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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