Expedia Group, Inc. (NASDAQ:EXPE - Get Free Report) insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total value of $1,028,500.00. Following the sale, the insider now directly owns 74,502 shares of the company's stock, valued at approximately $15,325,061.40. This trade represents a 6.29 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Expedia Group Stock Performance
Shares of NASDAQ EXPE traded down $8.23 during midday trading on Friday, hitting $196.91. 2,559,504 shares of the stock traded hands, compared to its average volume of 2,062,272. The firm has a 50-day moving average of $185.12 and a two-hundred day moving average of $165.21. The firm has a market capitalization of $25.37 billion, a P/E 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, Inc. has a one year low of $107.25 and a one year high of $207.73.
Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its earnings results on Thursday, February 6th. The online travel company reported $1.84 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, equities analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.
Expedia Group Increases Dividend
The business also recently announced 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 a boost from Expedia Group's previous quarterly dividend of $0.34. This represents a $1.60 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date is Thursday, March 6th.
Hedge Funds Weigh In On Expedia Group
A number of institutional investors have recently bought and sold shares of the stock. Windacre Partnership LLC raised its holdings in Expedia Group by 49.5% in the 3rd quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company's stock worth $639,994,000 after purchasing an additional 1,431,500 shares during the period. Norges Bank bought a new position in Expedia Group in the 4th quarter worth $670,565,000. Pacer Advisors Inc. raised its holdings in Expedia Group by 22.5% in the 3rd quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company's stock worth $481,170,000 after purchasing an additional 596,510 shares during the period. Geode Capital Management LLC increased its stake in Expedia Group by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 3,228,090 shares of the online travel company's stock worth $600,750,000 after buying an additional 30,163 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in Expedia Group by 6.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,360,374 shares of the online travel company's stock worth $439,808,000 after buying an additional 150,480 shares in the last quarter. 90.76% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
EXPE has been the subject of a number of recent research reports. Melius Research raised Expedia Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 6th. The Goldman Sachs Group boosted their target price on Expedia Group from $208.00 to $236.00 and gave the company a "buy" rating in a research note on Friday, January 10th. Deutsche Bank Aktiengesellschaft lowered Expedia Group from a "buy" rating to a "hold" rating in a research note on Friday, November 8th. Robert W. Baird initiated coverage on Expedia Group in a research note on Wednesday, November 27th. They issued an "outperform" rating and a $225.00 target price for the company. Finally, BTIG Research boosted their target price on Expedia Group from $175.00 to $200.00 and gave the company a "buy" rating in a research note on Friday, November 8th. Nineteen analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $192.64.
Check Out Our Latest Research Report on EXPE
Expedia Group Company Profile
(
Get Free Report)
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.
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