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 Expedia Group stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the sale, the director now directly owns 168,505 shares of the company’s stock, valued at $31,198,700.75. This represents a 5.60 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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

• On Friday, November 1st, Dara Khosrowshahi sold 10,000 shares of Expedia Group stock. The stock was sold at an average price of $156.87, for a total value of $1,568,700.00.
• On Friday, October 4th, Dara Khosrowshahi sold 10,000 shares of Expedia Group stock. The stock was sold at an average price of $150.18, for a total value of $1,501,800.00.

Expedia Group Stock Performance

Shares of EXPE stock traded down $1.00 during mid-day trading on Thursday, reaching $185.33. The stock had a trading volume of 919,038 shares, compared to its average volume of 2,061,318. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $192.34. The firm has a market cap of $23.79 billion, a price-to-earnings ratio of 23.85, a PEG ratio of 1.07 and a beta of 1.84. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. The business’s fifty day moving average is $180.24 and its 200-day moving average is $151.24.

Hedge Funds Weigh In On Expedia Group

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Oddo BHF Asset Management Sas acquired a new stake in Expedia Group during the 3rd quarter valued at approximately $1,930,000. Optimist Retirement Group LLC acquired a new position in shares of Expedia Group in the 3rd quarter valued at about $246,000. Wilmington Savings Fund Society FSB acquired a new position in Expedia Group in the third quarter valued at approximately $2,958,000. Sanctuary Advisors LLC increased its holdings in shares of Expedia Group by 6.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 9,124 shares of the online travel company’s stock valued at $1,351,000 after purchasing an additional 584 shares in the last quarter. Finally, Stock Yards Bank & Trust Co. lifted its stake in shares of Expedia Group by 16.3% in the 3rd quarter. Stock Yards Bank & Trust Co. now owns 216,685 shares of the online travel company’s stock valued at $32,074,000 after purchasing an additional 30,396 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on EXPE shares. Baird R W upgraded Expedia Group to a “strong-buy” rating in a report on Wednesday, November 27th. JMP Securities restated a “market perform” rating on shares of Expedia Group in a report on Monday, December 16th. TD Cowen downgraded shares of Expedia Group from a “buy” rating to a “hold” rating and increased their price objective for the company from $130.00 to $150.00 in a research note on Wednesday, September 25th. JPMorgan Chase & Co. boosted their price objective on shares of Expedia Group from $135.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Finally, Wedbush upped their target price on Expedia Group from $130.00 to $180.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Twenty analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $169.77.

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.