Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC reduced its stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 73.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,676 shares of the online travel company's stock after selling 15,618 shares during the period. Private Advisor Group LLC's holdings in Expedia Group were worth $1,058,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. SRH Advisors LLC bought a new position in shares of Expedia Group during the 4th quarter worth approximately $28,000. Grove Bank & Trust increased its position in shares of Expedia Group by 676.2% during the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock worth $30,000 after purchasing an additional 142 shares in the last quarter. Venturi Wealth Management LLC lifted its holdings in shares of Expedia Group by 709.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company's stock valued at $49,000 after purchasing an additional 291 shares during the last quarter. Brooklyn Investment Group purchased a new stake in shares of Expedia Group during the 3rd quarter valued at $51,000. Finally, Golden State Wealth Management LLC acquired a new stake in shares of Expedia Group in the 4th quarter worth $72,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of the company's stock in a transaction on 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 owns 74,502 shares of the company's stock, valued at approximately $15,325,061.40. This represents a 6.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $169.79, for a total value of $1,697,900.00. Following the transaction, the director now directly owns 158,505 shares of the company's stock, valued at $26,912,563.95. This trade represents a 5.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,000 shares of company stock worth $4,577,900 in the last quarter. Company insiders own 6.80% of the company's stock.

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Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Susquehanna upped their target price on Expedia Group from $190.00 to $205.00 and gave the company a "neutral" rating in a research report on Monday, February 10th. BTIG Research upped their price objective on shares of Expedia Group from $175.00 to $200.00 and gave the company a "buy" rating in a report on Friday, November 8th. Barclays lifted their target price on shares of Expedia Group from $166.00 to $187.00 and gave the stock an "equal weight" rating in a research note on Friday, February 7th. Wells Fargo & Company boosted their price target on Expedia Group from $168.00 to $199.00 and gave the company an "equal weight" rating in a research note on Friday, February 7th. Finally, JMP Securities reiterated a "market perform" rating on shares of Expedia Group in a research note on Friday, February 7th. Nineteen investment 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, Expedia Group presently has a consensus rating of "Moderate Buy" and a consensus target price of $192.64.

Expedia Group Stock Performance

NASDAQ EXPE traded down $2.28 during trading hours on Tuesday, hitting $191.22. 1,908,836 shares of the stock were exchanged, compared to its average volume of 1,877,702. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87. The company has a market cap of $24.64 billion, a price-to-earnings ratio of 21.09, a price-to-earnings-growth ratio of 0.92 and a beta of 1.82. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $207.73. The stock has a 50-day moving average of $187.24 and a 200 day moving average of $169.45.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The online travel company reported $1.84 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 research analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be paid a dividend of $0.40 per share. This is a positive change from Expedia Group's previous quarterly dividend of $0.34. The ex-dividend date is Thursday, March 6th. This represents a $1.60 annualized dividend and a dividend yield of 0.84%. Expedia Group's payout ratio is 17.68%.

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.