Expedia Group, Inc. (NASDAQ:EXPE) Director Sells $1,501,800.00 in Stock

by · The Cerbat Gem

Expedia Group, Inc. (NASDAQ:EXPE – Get Free Report) Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $150.18, for a total value of $1,501,800.00. Following the completion of the transaction, the director now owns 198,505 shares of the company’s stock, valued at $29,811,480.90. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

  • On Friday, September 27th, Dara Khosrowshahi sold 10,000 shares of Expedia Group stock. The stock was sold at an average price of $150.21, for a total transaction of $1,502,100.00.

Expedia Group Stock Up 0.6 %

Expedia Group stock opened at $151.95 on Wednesday. The stock has a market cap of $20.71 billion, a PE ratio of 28.46, a P/E/G ratio of 0.56 and a beta of 1.79. The company has a debt-to-equity ratio of 2.45, a current ratio of 0.76 and a quick ratio of 0.76. The stock’s fifty day moving average is $135.42 and its two-hundred day moving average is $128.97. Expedia Group, Inc. has a 1-year low of $92.48 and a 1-year high of $160.05.

Expedia Group (NASDAQ:EXPE – Get Free Report) last issued its earnings results on Thursday, August 8th. The online travel company reported $3.51 earnings per share for the quarter, topping the consensus estimate of $3.17 by $0.34. The business had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.53 billion. Expedia Group had a return on equity of 47.55% and a net margin of 6.09%. The business’s quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter last year, the company earned $2.34 EPS. On average, sell-side analysts expect that Expedia Group, Inc. will post 8.98 EPS for the current fiscal year.

Institutional Trading of Expedia Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. University of Texas Texas AM Investment Managment Co. acquired a new position in shares of Expedia Group in the 4th quarter valued at $26,000. ORG Partners LLC boosted its stake in Expedia Group by 4,525.0% in the first quarter. ORG Partners LLC now owns 185 shares of the online travel company’s stock valued at $25,000 after acquiring an additional 181 shares in the last quarter. Innealta Capital LLC acquired a new position in Expedia Group in the second quarter valued at $27,000. Blue Trust Inc. grew its holdings in shares of Expedia Group by 93.8% during the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock worth $30,000 after purchasing an additional 105 shares during the last quarter. Finally, Crewe Advisors LLC purchased a new stake in shares of Expedia Group in the 1st quarter valued at about $40,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Wedbush upped their price objective on shares of Expedia Group from $125.00 to $130.00 and gave the stock a “neutral” rating in a report on Friday, August 9th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $140.00 price objective on shares of Expedia Group in a research note on Friday, August 9th. StockNews.com lowered Expedia Group from a “strong-buy” rating to a “buy” rating in a research note on Tuesday. DA Davidson restated a “neutral” rating and set a $135.00 target price on shares of Expedia Group in a report on Friday, August 9th. Finally, TD Cowen lowered shares of Expedia Group from a “buy” rating to a “hold” rating and boosted their price target for the stock from $130.00 to $150.00 in a research note on Wednesday, September 25th. Nineteen equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Expedia Group has a consensus rating of “Hold” and a consensus target price of $150.85.

Read Our Latest Research Report on Expedia Group

About Expedia Group

(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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