Insider Selling: Expedia Group, Inc. (NASDAQ:EXPE) Director Sells $1,851,500.00 in Stock

Expedia Group, Inc. (NASDAQ:EXPE - Get Free Report) Director Dara Khosrowshahi sold 10,000 shares of the business's stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the completion of the transaction, the director now directly owns 168,505 shares of the company's stock, valued at approximately $31,198,700.75. This represents a 5.60 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

• On Friday, November 1st, Dara Khosrowshahi sold 10,000 shares of Expedia Group stock. The stock was sold at an average price of $156.87, for a total value of $1,568,700.00.
• On Friday, October 4th, Dara Khosrowshahi sold 10,000 shares of Expedia Group stock. The shares were sold at an average price of $150.18, for a total value of $1,501,800.00.

Expedia Group Stock Down 0.5 %

NASDAQ:EXPE traded down $1.00 during trading hours on Thursday, reaching $185.33. 919,038 shares of the stock were exchanged, compared to its average volume of 2,061,318. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $192.34. The stock has a market cap of $23.79 billion, a PE ratio of 23.85, a PEG ratio of 1.07 and a beta of 1.84. The firm has a 50 day moving average of $180.24 and a 200 day moving average of $151.24.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on EXPE shares. TD Cowen cut Expedia Group from a "buy" rating to a "hold" rating and raised their price target for the company from $130.00 to $150.00 in a report on Wednesday, September 25th. Baird R W raised shares of Expedia Group to a "strong-buy" rating in a research note on Wednesday, November 27th. Cantor Fitzgerald reiterated a "neutral" rating and set a $130.00 price target on shares of Expedia Group in a research report on Monday, October 7th. JPMorgan Chase & Co. increased their price objective on shares of Expedia Group from $135.00 to $170.00 and gave the company a "neutral" rating in a report on Friday, November 8th. Finally, Jefferies Financial Group lifted their target price on shares of Expedia Group from $145.00 to $160.00 and gave the stock a "hold" rating in a report on Tuesday, October 22nd. Twenty research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $169.77.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC grew its holdings in shares of Expedia Group by 4.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 34,992 shares of the online travel company's stock valued at $4,409,000 after acquiring an additional 1,587 shares in the last quarter. Van ECK Associates Corp raised its stake in shares of Expedia Group by 12.2% during the 2nd quarter. Van ECK Associates Corp now owns 34,595 shares of the online travel company's stock worth $4,359,000 after purchasing an additional 3,775 shares in the last quarter. Rhumbline Advisers boosted its holdings in shares of Expedia Group by 13.3% in the 2nd quarter. Rhumbline Advisers now owns 314,003 shares of the online travel company's stock valued at $39,561,000 after buying an additional 36,858 shares during the last quarter. Legacy Capital Wealth Partners LLC bought a new position in shares of Expedia Group in the second quarter valued at $275,000. Finally, Cozad Asset Management Inc. increased its holdings in Expedia Group by 43.0% during the second quarter. Cozad Asset Management Inc. now owns 26,374 shares of the online travel company's stock worth $3,323,000 after buying an additional 7,932 shares during the last quarter. Institutional investors own 90.76% of the company's stock.

About Expedia Group

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.