Robert J. Dzielak Sells 6,000 Shares of Expedia Group, Inc. (NASDAQ:EXPE) Stock

Expedia Group, Inc. (NASDAQ:EXPE) insider Robert J. Dzielak sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 29th. The shares were sold at an average price of $110.00, for a total transaction of $660,000.00. Following the completion of the transaction, the insider now directly owns 75,750 shares of the company’s stock, valued at approximately $8,332,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Expedia Group Stock Up 1.1 %

EXPE stock opened at $109.57 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.94. Expedia Group, Inc. has a twelve month low of $82.39 and a twelve month high of $124.95. The company’s 50 day moving average is $112.16 and its two-hundred day moving average is $103.44. The stock has a market cap of $15.71 billion, a P/E ratio of 19.29, a PEG ratio of 0.55 and a beta of 1.61.

Expedia Group (NASDAQ:EXPE) last announced its earnings results on Thursday, August 3rd. The online travel company reported $2.34 EPS for the quarter, beating analysts’ consensus estimates of $1.80 by $0.54. The business had revenue of $3.36 billion for the quarter, compared to analysts’ expectations of $3.37 billion. Expedia Group had a net margin of 7.33% and a return on equity of 26.36%. Research analysts expect that Expedia Group, Inc. will post 7.3 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Expedia Group

A number of institutional investors have recently modified their holdings of the business. Moody National Bank Trust Division increased its holdings in shares of Expedia Group by 1.8% in the 2nd quarter. Moody National Bank Trust Division now owns 5,027 shares of the online travel company’s stock valued at $550,000 after acquiring an additional 90 shares during the period. First Business Financial Services Inc. increased its holdings in shares of Expedia Group by 1.3% in the 2nd quarter. First Business Financial Services Inc. now owns 7,673 shares of the online travel company’s stock valued at $839,000 after acquiring an additional 99 shares during the period. Utah Retirement Systems increased its holdings in shares of Expedia Group by 0.4% in the 4th quarter. Utah Retirement Systems now owns 26,371 shares of the online travel company’s stock valued at $2,310,000 after acquiring an additional 100 shares during the period. Thomasville National Bank grew its position in Expedia Group by 2.6% in the 2nd quarter. Thomasville National Bank now owns 3,910 shares of the online travel company’s stock valued at $428,000 after buying an additional 100 shares during the last quarter. Finally, HM Payson & Co. grew its position in Expedia Group by 25.0% in the 2nd quarter. HM Payson & Co. now owns 500 shares of the online travel company’s stock valued at $55,000 after buying an additional 100 shares during the last quarter. 91.15% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. TD Cowen lowered their price objective on shares of Expedia Group from $125.00 to $110.00 and set an “outperform” rating for the company in a research note on Friday, August 4th. DA Davidson reissued a “neutral” rating and issued a $109.00 price objective on shares of Expedia Group in a research note on Friday, August 4th. B. Riley started coverage on shares of Expedia Group in a research note on Wednesday, June 21st. They issued a “buy” rating and a $160.00 price objective for the company. Citigroup lifted their price target on shares of Expedia Group from $105.00 to $115.00 and gave the stock a “neutral” rating in a research note on Monday, August 7th. Finally, Gordon Haskett upgraded shares of Expedia Group from a “hold” rating to a “buy” rating in a research note on Tuesday, May 16th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $129.12.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through Retail, B2B, and trivago segments. Its brand portfolio includes Brand Expedia, a full-service online travel brand with localized websites; Hotels.com for marketing and distributing lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz; Travelocity; Wotif Group; CheapTickets; ebookers; Expedia; Hotwire; CarRentals.com; Classic Vacations; and Expedia Cruise.