Robert J. Dzielak Sells 5,000 Shares of Expedia Group, Inc. (NASDAQ:EXPE) Stock

Expedia Group, Inc. (NASDAQ:EXPE) insider Robert J. Dzielak sold 5,000 shares of the company’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total value of $1,028,500.00. Following the completion of the transaction, the insider now owns 74,502 shares of the company’s stock, valued at $15,325,061.40. The trade was a 6.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Expedia Group Trading Down 0.7 %

Shares of NASDAQ EXPE opened at $205.14 on Friday. The stock’s 50 day moving average price is $184.71 and its two-hundred day moving average price is $164.93. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $207.73. The stock has a market capitalization of $26.43 billion, a P/E ratio of 22.67, a PEG ratio of 0.91 and a beta of 1.82. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 earnings per share (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%. On average, analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.78%. This is a boost from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Thursday, March 6th.

Analyst Upgrades and Downgrades

EXPE has been the subject of several analyst reports. BTIG Research upped 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. B. Riley reissued a “buy” rating and set a $235.00 price target (up previously from $220.00) on shares of Expedia Group in a research report on Friday, February 7th. BMO Capital Markets boosted their price target on Expedia Group from $165.00 to $190.00 and gave the company a “market perform” rating in a research report on Monday, February 10th. The Goldman Sachs Group boosted their price target on Expedia Group from $208.00 to $236.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Finally, Cantor Fitzgerald reissued a “neutral” rating and set a $210.00 price target (up previously from $180.00) on shares of Expedia Group in a research report on Friday, February 7th. Nineteen equities research 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 stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $192.64.

Institutional Trading of Expedia Group

Institutional investors and hedge funds have recently made changes to their positions in the stock. Minot DeBlois Advisors LLC acquired a new stake in shares of Expedia Group during the 4th quarter worth approximately $27,000. SRH Advisors LLC acquired a new stake in shares of Expedia Group during the 4th quarter worth approximately $28,000. Sava Infond d.o.o. acquired a new stake in shares of Expedia Group during the 4th quarter worth approximately $28,000. Grove Bank & Trust raised its position in shares of Expedia Group by 676.2% during the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after purchasing an additional 142 shares during the period. Finally, Prudent Man Investment Management Inc. acquired a new stake in shares of Expedia Group during the 4th quarter worth approximately $34,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.

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.