Insider Selling: Expedia Group, Inc. (NASDAQ:EXPE) Director Sells 10,000 Shares of Stock

Expedia Group, Inc. (NASDAQ:EXPE) Director Dara Khosrowshahi sold 10,000 shares of the 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 sale, the director now owns 158,505 shares of the company’s stock, valued at approximately $26,912,563.95. This trade represents a 5.93 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Thursday, January 2nd, Dara Khosrowshahi sold 10,000 shares of Expedia Group stock. The shares were sold at an average price of $185.15, for a total transaction of $1,851,500.00.

Expedia Group Stock Performance

NASDAQ:EXPE opened at $169.73 on Thursday. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. The stock has a market capitalization of $21.78 billion, a PE ratio of 21.84, a P/E/G ratio of 0.77 and a beta of 1.82. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $192.34. The company has a fifty day moving average of $182.62 and a two-hundred day moving average of $159.76.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, November 7th. The online travel company reported $5.18 earnings per share for the quarter, missing analysts’ consensus estimates of $5.42 by ($0.24). Expedia Group had a net margin of 7.97% and a return on equity of 49.25%. The company had revenue of $4.06 billion during the quarter, compared to analysts’ expectations of $4.11 billion. During the same period in the prior year, the business posted $4.85 earnings per share. As a group, research analysts forecast that Expedia Group, Inc. will post 8.76 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have weighed in on EXPE shares. Robert W. Baird started coverage on shares of Expedia Group in a research report on Wednesday, November 27th. They set an “outperform” rating and a $225.00 target price on the stock. Oppenheimer upped their target price on Expedia Group from $155.00 to $210.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. JMP Securities reaffirmed a “market perform” rating on shares of Expedia Group in a research report on Monday, December 16th. Wells Fargo & Company cut their price objective on Expedia Group from $172.00 to $168.00 and set an “equal weight” rating on the stock in a report on Thursday, January 16th. Finally, Benchmark reaffirmed a “buy” rating and set a $200.00 target price on shares of Expedia Group in a report on Tuesday. Twenty research analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat, Expedia Group has a consensus rating of “Hold” and an average target price of $177.75.

Hedge Funds Weigh In On Expedia Group

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Windacre Partnership LLC lifted 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 valued at $639,994,000 after purchasing an additional 1,431,500 shares in the last quarter. Pacer Advisors Inc. raised its position in shares of Expedia Group by 22.5% in the third quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company’s stock valued at $481,170,000 after buying an additional 596,510 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Expedia Group by 0.6% in the third quarter. Geode Capital Management LLC now owns 3,197,927 shares of the online travel company’s stock worth $472,212,000 after buying an additional 20,005 shares in the last quarter. Fisher Asset Management LLC boosted its position in Expedia Group by 9.4% during the third quarter. Fisher Asset Management LLC now owns 1,689,485 shares of the online travel company’s stock worth $250,078,000 after acquiring an additional 144,579 shares during the last quarter. Finally, Alkeon Capital Management LLC grew its stake in Expedia Group by 46.3% during the 3rd quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company’s stock valued at $233,349,000 after acquiring an additional 498,934 shares in the last quarter. Hedge funds and other 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.