Robert J. Dzielak Sells 1,951 Shares of Expedia Group, Inc. (NASDAQ:EXPE) Stock

Expedia Group, Inc. (NASDAQ:EXPE) insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total transaction of $351,180.00. Following the completion of the transaction, the insider now directly owns 85,250 shares in the company, valued at approximately $15,345,000. The trade was a 2.24 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Expedia Group Stock Up 0.8 %

EXPE stock opened at $184.92 on Friday. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. The business’s fifty day moving average price is $159.31 and its two-hundred day moving average price is $137.11. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $190.40. The stock has a market capitalization of $23.73 billion, a price-to-earnings ratio of 23.80, a PEG ratio of 0.72 and a beta of 1.78.

Institutional Trading of Expedia Group

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Innealta Capital LLC bought a new stake in shares of Expedia Group in the second quarter valued at approximately $27,000. Blue Trust Inc. lifted its position in shares of Expedia Group by 93.8% during the 2nd quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock valued at $30,000 after acquiring an additional 105 shares during the period. LRI Investments LLC acquired a new stake in shares of Expedia Group during the 1st quarter worth $48,000. Venturi Wealth Management LLC increased its position in shares of Expedia Group by 709.8% in the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after purchasing an additional 291 shares during the period. Finally, Brooklyn Investment Group acquired a new position in Expedia Group in the third quarter valued at about $51,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

EXPE has been the topic of several research reports. Morgan Stanley boosted their price objective on shares of Expedia Group from $150.00 to $180.00 and gave the company an “equal weight” rating in a research report on Friday. Susquehanna upped their price objective on Expedia Group from $145.00 to $190.00 and gave the stock a “neutral” rating in a research report on Monday, November 11th. Cantor Fitzgerald reissued a “neutral” rating and issued a $130.00 target price on shares of Expedia Group in a research report on Monday, October 7th. UBS Group boosted their target price on Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. Finally, JPMorgan Chase & Co. raised their price target 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. Twenty research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $165.46.

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.