Expedia Group, Inc. (NASDAQ:EXPE) Director Dara Khosrowshahi 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 dated Monday, February 3rd. The shares were sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the completion of the sale, the director now directly owns 158,505 shares in the company, valued at approximately $26,912,563.95. The trade was a 5.93 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Thursday, January 2nd, Dara Khosrowshahi sold 10,000 shares of Expedia Group stock. The shares were sold at an average price of $185.15, for a total transaction of $1,851,500.00.

Expedia Group Stock Performance

Expedia Group stock opened at $168.47 on Wednesday. The stock has a fifty day moving average price of $182.97 and a 200 day moving average price of $159.53. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $192.34. The firm has a market capitalization of $21.62 billion, a P/E ratio of 21.68, a PEG ratio of 0.77 and a beta of 1.82. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, November 7th. The online travel company reported $5.18 EPS for the quarter, missing analysts’ consensus estimates of $5.42 by ($0.24). Expedia Group had a net margin of 7.97% and a return on equity of 49.25%. The company had revenue of $4.06 billion for the quarter, compared to analyst estimates of $4.11 billion. During the same period in the prior year, the company earned $4.85 EPS. Equities research analysts anticipate that Expedia Group, Inc. will post 8.76 earnings per share for the current year.

Hedge Funds Weigh In On Expedia Group

A number of large investors have recently bought and sold shares of EXPE. Greenleaf Trust grew its holdings in shares of Expedia Group by 2.5% during the 4th quarter. Greenleaf Trust now owns 2,520 shares of the online travel company’s stock worth $470,000 after purchasing an additional 61 shares during the period. Hantz Financial Services Inc. grew its stake in Expedia Group by 2.1% during the third quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company’s stock worth $441,000 after buying an additional 62 shares during the period. Empirical Finance LLC increased its position in shares of Expedia Group by 1.3% in the third quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock worth $704,000 after acquiring an additional 63 shares in the last quarter. UMB Bank n.a. raised its stake in shares of Expedia Group by 14.8% in the 4th quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock valued at $91,000 after acquiring an additional 63 shares during the period. Finally, Venture Visionary Partners LLC lifted its holdings in shares of Expedia Group by 0.6% during the 3rd quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock valued at $1,683,000 after acquiring an additional 64 shares in the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Wall Street Analysts Forecast Growth

EXPE has been the subject of a number of analyst reports. Robert W. Baird assumed coverage on Expedia Group in a research note on Wednesday, November 27th. They set an “outperform” rating and a $225.00 target price for the company. Wedbush raised their target price on Expedia Group from $130.00 to $180.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Barclays upped their price target on shares of Expedia Group from $153.00 to $166.00 and gave the stock an “equal weight” rating in a research note on Monday, January 13th. DA Davidson raised their price objective on shares of Expedia Group from $135.00 to $190.00 and gave the company a “neutral” rating in a research note on Monday, November 18th. Finally, BTIG Research upped their target price on shares of Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Twenty analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $177.75.

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.