Dara Khosrowshahi Sells 10,000 Shares of Expedia Group, Inc. (NASDAQ:EXPE) Stock

Expedia Group, Inc. (NASDAQ:EXPE) Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $169.79, for a total value of $1,697,900.00. Following the transaction, the director now owns 158,505 shares of the company’s stock, valued at $26,912,563.95. This represents a 5.93 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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 value of $1,851,500.00.

Expedia Group Trading Up 0.7 %

NASDAQ EXPE opened at $169.73 on Thursday. The company’s 50-day simple moving average is $182.62 and its two-hundred day simple moving average is $159.76. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $192.34. The company has a market capitalization of $21.78 billion, a price-to-earnings ratio of 21.84, a price-to-earnings-growth ratio of 0.77 and a beta of 1.82. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. SRS Capital Advisors Inc. lifted its stake in shares of Expedia Group by 29.1% during the 4th quarter. SRS Capital Advisors Inc. now owns 550 shares of the online travel company’s stock worth $102,000 after purchasing an additional 124 shares during the last quarter. Bailard Inc. lifted its position in shares of Expedia Group by 2.7% during the fourth quarter. Bailard Inc. now owns 40,207 shares of the online travel company’s stock valued at $7,492,000 after buying an additional 1,050 shares during the last quarter. Chase Investment Counsel Corp bought a new stake in shares of Expedia Group in the 4th quarter valued at about $541,000. Metis Global Partners LLC grew its position in shares of Expedia Group by 1.8% in the 4th quarter. Metis Global Partners LLC now owns 4,149 shares of the online travel company’s stock worth $773,000 after buying an additional 74 shares during the last quarter. Finally, US Bancorp DE raised its stake in shares of Expedia Group by 1.1% during the 4th quarter. US Bancorp DE now owns 14,257 shares of the online travel company’s stock worth $2,657,000 after acquiring an additional 154 shares in the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on EXPE. Bank of America raised shares of Expedia Group from a “neutral” rating to a “buy” rating and upped their price target for the company from $187.00 to $221.00 in a research note on Wednesday, December 18th. Robert W. Baird initiated coverage on shares of Expedia Group in a report on Wednesday, November 27th. They issued an “outperform” rating and a $225.00 price target for the company. The Goldman Sachs Group boosted their price objective on Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Oppenheimer raised their price objective on Expedia Group from $155.00 to $210.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Finally, Wedbush boosted their target price on Expedia Group from $130.00 to $180.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. Twenty equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, Expedia Group currently has a consensus rating of “Hold” and an average price target of $177.75.

About Expedia Group

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.