Insider Selling: Expedia Group, Inc. (NASDAQ:EXPE) Director Sells 10,000 Shares of Stock

Expedia Group, Inc. (NASDAQ:EXPE) Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the transaction, the director now directly owns 168,505 shares in the company, valued at approximately $31,198,700.75. This represents a 5.60 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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 shares were sold at an average price of $156.87, for a total transaction of $1,568,700.00.
• On Friday, October 4th, Dara Khosrowshahi sold 10,000 shares of Expedia Group stock. The shares were sold at an average price of $150.18, for a total value of $1,501,800.00.

Expedia Group Trading Up 0.4 %

NASDAQ:EXPE 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 stock’s fifty day moving average price is $180.79 and its two-hundred day moving average price is $151.67. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. The company has a market cap of $23.88 billion, a P/E ratio of 23.95, a P/E/G ratio of 1.07 and a beta of 1.83.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in EXPE. Commonwealth Equity Services LLC boosted its position in shares of Expedia Group by 4.8% in the second quarter. Commonwealth Equity Services LLC now owns 34,992 shares of the online travel company’s stock valued at $4,409,000 after acquiring an additional 1,587 shares during the period. Van ECK Associates Corp boosted its holdings in Expedia Group by 12.2% in the 2nd quarter. Van ECK Associates Corp now owns 34,595 shares of the online travel company’s stock valued at $4,359,000 after purchasing an additional 3,775 shares during the period. Rhumbline Advisers grew its position in shares of Expedia Group by 13.3% during the 2nd quarter. Rhumbline Advisers now owns 314,003 shares of the online travel company’s stock valued at $39,561,000 after purchasing an additional 36,858 shares in the last quarter. Legacy Capital Wealth Partners LLC bought a new position in shares of Expedia Group in the second quarter worth $275,000. Finally, Cozad Asset Management Inc. boosted its stake in Expedia Group by 43.0% during the second quarter. Cozad Asset Management Inc. now owns 26,374 shares of the online travel company’s stock valued at $3,323,000 after buying an additional 7,932 shares during the period. Institutional investors own 90.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on EXPE shares. Baird R W upgraded Expedia Group to a “strong-buy” rating in a report on Wednesday, November 27th. Susquehanna upped their price objective on shares of Expedia Group from $145.00 to $190.00 and gave the stock a “neutral” rating in a report on Monday, November 11th. Robert W. Baird initiated coverage on shares of Expedia Group in a report on Wednesday, November 27th. They set an “outperform” rating and a $225.00 price objective for the company. Wells Fargo & Company upped their target price on shares of Expedia Group from $130.00 to $159.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. Finally, Deutsche Bank Aktiengesellschaft downgraded Expedia Group from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Twenty investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $169.77.

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.