Expedia Group, Inc. (NASDAQ:EXPE) Insider Robert J. Dzielak Sells 5,000 Shares

Expedia Group, Inc. (NASDAQ:EXPE) insider Robert J. Dzielak sold 5,000 shares of the company’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total transaction of $1,028,500.00. Following the completion of the transaction, the insider now owns 74,502 shares of the company’s stock, valued at $15,325,061.40. This trade represents a 6.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Expedia Group Trading Up 1.1 %

NASDAQ:EXPE opened at $206.52 on Thursday. The company has a 50-day moving average price of $184.39 and a 200-day moving average price of $164.64. The stock has a market cap of $26.61 billion, a price-to-earnings ratio of 22.82, a P/E/G ratio of 0.90 and a beta of 1.82. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $207.73.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 earnings per share for the quarter, missing the consensus estimate of $2.06 by ($0.22). Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. Equities analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be issued a $0.40 dividend. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date is Thursday, March 6th. This represents a $1.60 dividend on an annualized basis and a yield of 0.77%.

Hedge Funds Weigh In On Expedia Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Minot DeBlois Advisors LLC purchased a new stake in shares of Expedia Group in the 4th quarter worth about $27,000. SRH Advisors LLC bought a new stake in Expedia Group during the fourth quarter worth about $28,000. Sava Infond d.o.o. purchased a new stake in shares of Expedia Group in the 4th quarter worth approximately $28,000. Grove Bank & Trust increased its position in Expedia Group by 676.2% during the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock valued at $30,000 after buying an additional 142 shares in the last quarter. Finally, Prudent Man Investment Management Inc. purchased a new position in Expedia Group during the fourth quarter valued at $34,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. StockNews.com upgraded Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 15th. Melius Research raised Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Wells Fargo & Company lifted their price target on shares of Expedia Group from $168.00 to $199.00 and gave the stock an “equal weight” rating in a research note on Friday, February 7th. Deutsche Bank Aktiengesellschaft lowered shares of Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and set a $210.00 target price (up previously from $180.00) on shares of Expedia Group in a report on Friday, February 7th. Nineteen investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Expedia Group currently has an average rating of “Moderate Buy” and an average target price of $192.64.

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.