Expedia Group (NASDAQ:EXPE) Shares Gap Down - Time to Sell?

Shares of Expedia Group, Inc. (NASDAQ:EXPE - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $176.60, but opened at $171.86. Expedia Group shares last traded at $164.16, with a volume of 1,718,219 shares.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on EXPE shares. Benchmark reissued a "buy" rating and set a $200.00 price target on shares of Expedia Group in a report on Tuesday, February 4th. Bank of America raised Expedia Group from a "neutral" rating to a "buy" rating and raised their price target for the stock from $187.00 to $221.00 in a report on Wednesday, December 18th. UBS Group reissued a "neutral" rating on shares of Expedia Group in a report on Tuesday, February 4th. Baird R W raised Expedia Group to a "strong-buy" rating in a report on Wednesday, November 27th. Finally, Oppenheimer raised their price target on Expedia Group from $210.00 to $235.00 and gave the stock an "outperform" rating in a report on Friday, February 7th. 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 stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $193.61.

Expedia Group Trading Down 3.3 %

The stock has a market capitalization of $20.24 billion, a price-to-earnings ratio of 17.36, a P/E/G 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. The firm has a fifty day moving average of $185.96 and a 200-day moving average of $171.38.

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Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.06 by ($0.22). Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. As a group, equities analysts predict 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. Investors of record on Thursday, March 6th will be issued a $0.40 dividend. This is an increase from Expedia Group's previous quarterly dividend of $0.34. This represents a $1.60 annualized dividend and a yield of 1.02%. The ex-dividend date is Thursday, March 6th. Expedia Group's dividend payout ratio is currently 17.68%.

Insider Activity at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the company's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $169.79, for a total value of $1,697,900.00. Following the completion of the transaction, the director now directly owns 158,505 shares of the company's stock, valued at $26,912,563.95. This represents a 5.93 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of the company's stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total transaction of $1,028,500.00. Following the completion of the transaction, the insider now directly owns 74,502 shares of the company's stock, valued at approximately $15,325,061.40. The trade was a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 25,000 shares of company stock worth $4,577,900. Corporate insiders own 6.80% of the company's stock.

Hedge Funds Weigh In On Expedia Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Greenleaf Trust lifted its position in shares of Expedia Group by 2.5% during the fourth quarter. Greenleaf Trust now owns 2,520 shares of the online travel company's stock worth $470,000 after purchasing an additional 61 shares during the last quarter. Hantz Financial Services Inc. lifted its position in shares of Expedia Group by 2.1% during the third quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company's stock worth $441,000 after purchasing an additional 62 shares during the last quarter. Empirical Finance LLC lifted its position in shares of Expedia Group by 1.3% during the third quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company's stock worth $704,000 after purchasing an additional 63 shares during the last quarter. UMB Bank n.a. lifted its position in shares of Expedia Group by 14.8% during the fourth quarter. UMB Bank n.a. now owns 489 shares of the online travel company's stock worth $91,000 after purchasing an additional 63 shares during the last quarter. Finally, GHE LLC lifted its position in shares of Expedia Group by 1.0% during the third quarter. GHE LLC now owns 6,689 shares of the online travel company's stock worth $980,000 after purchasing an additional 69 shares during the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

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.