Expedia Group, Inc. (NASDAQ:EXPE) Director Sells $1,851,500.00 in Stock

Expedia Group, Inc. (NASDAQ:EXPE) Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total value of $1,851,500.00. Following the sale, the director now owns 168,505 shares of the company’s stock, valued at approximately $31,198,700.75. This represents a 5.60 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 Trading Up 0.4 %

Shares of EXPE stock opened at $186.09 on Friday. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $192.34. 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 stock has a market cap of $23.88 billion, a price-to-earnings ratio of 23.95, a PEG ratio of 1.07 and a beta of 1.83. The stock has a 50-day moving average of $180.79 and a 200-day moving average of $151.67.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Everence Capital Management Inc. acquired a new stake in shares of Expedia Group during the fourth quarter worth $525,000. GAMMA Investing LLC boosted its position in Expedia Group by 33.5% during the fourth quarter. GAMMA Investing LLC now owns 1,937 shares of the online travel company’s stock valued at $361,000 after acquiring an additional 486 shares during the last quarter. Versant Capital Management Inc grew its holdings in Expedia Group by 299.3% during the 4th quarter. Versant Capital Management Inc now owns 559 shares of the online travel company’s stock worth $104,000 after acquiring an additional 419 shares during the period. Oddo BHF Asset Management Sas bought a new position in shares of Expedia Group in the 3rd quarter worth about $1,930,000. Finally, Optimist Retirement Group LLC acquired a new position in shares of Expedia Group in the 3rd quarter valued at about $246,000. Institutional investors own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on EXPE shares. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $130.00 price target on shares of Expedia Group in a research report on Monday, October 7th. BTIG Research raised their target price on shares of Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, November 8th. UBS Group lifted their price target on shares of Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. Wells Fargo & Company increased their price target on Expedia Group from $130.00 to $159.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Finally, JPMorgan Chase & Co. lifted their price objective on Expedia Group from $135.00 to $170.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Twenty analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $169.77.

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.