Expedia Group (NASDAQ:EXPE) Trading Down 8.6% After Insider Selling

Expedia Group, Inc. (NASDAQ:EXPE) shares fell 8.6% during trading on Monday following insider selling activity. The company traded as low as $243.42 and last traded at $241.7950. 3,742,394 shares were traded during mid-day trading, an increase of 83% from the average session volume of 2,046,787 shares. The stock had previously closed at $264.66.

Specifically, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $271.55, for a total transaction of $814,650.00. Following the transaction, the director directly owned 30,858 shares of the company’s stock, valued at $8,379,489.90. The trade was a 8.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Analysts Set New Price Targets

Several brokerages recently issued reports on EXPE. The Goldman Sachs Group increased their price target on Expedia Group from $253.00 to $295.00 and gave the company a “buy” rating in a report on Friday, November 7th. Royal Bank Of Canada raised their price target on shares of Expedia Group from $200.00 to $260.00 and gave the company a “sector perform” rating in a report on Friday, November 7th. Susquehanna boosted their price objective on shares of Expedia Group from $200.00 to $265.00 and gave the stock a “neutral” rating in a report on Monday, November 10th. JPMorgan Chase & Co. raised their price objective on Expedia Group from $225.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, November 7th. Finally, Bank of America upped their target price on Expedia Group from $211.00 to $240.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Three analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and twenty-two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $265.31.

Expedia Group Trading Down 7.7%

The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. The company has a market cap of $29.92 billion, a price-to-earnings ratio of 29.92, a price-to-earnings-growth ratio of 1.15 and a beta of 1.58. The firm has a 50-day moving average price of $224.87 and a 200 day moving average price of $196.39.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.10 by $0.47. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The firm had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $4.28 billion. During the same period last year, the business posted $6.13 earnings per share. The firm’s revenue for the quarter was up 8.7% on a year-over-year basis. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, sell-side analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 19th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Wednesday, November 19th. Expedia Group’s payout ratio is presently 15.31%.

Hedge Funds Weigh In On Expedia Group

Several institutional investors have recently made changes to their positions in the stock. Spire Wealth Management lifted its holdings in shares of Expedia Group by 114.3% in the 2nd quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock worth $25,000 after purchasing an additional 80 shares during the last quarter. McClarren Financial Advisors Inc. acquired a new stake in Expedia Group in the first quarter worth $28,000. Atlas Capital Advisors Inc. acquired a new stake in Expedia Group in the first quarter worth $28,000. GFG Capital LLC bought a new stake in Expedia Group in the second quarter valued at $29,000. Finally, Grey Fox Wealth Advisors LLC acquired a new position in shares of Expedia Group during the third quarter valued at $30,000. 90.76% of the stock is owned by institutional investors.

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.