Expedia Group, Inc. (NASDAQ:EXPE) Insider Sells $351,180.00 in Stock

Expedia Group, Inc. (NASDAQ:EXPE) insider Robert J. Dzielak sold 1,951 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total transaction of $351,180.00. Following the sale, the insider now directly owns 85,250 shares in the company, valued at approximately $15,345,000. This represents a 2.24 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $184.92 on Friday. The firm has a market cap of $23.73 billion, a PE ratio of 23.80, a PEG ratio of 0.72 and a beta of 1.78. The firm has a fifty day moving average of $159.31 and a 200 day moving average of $136.94. 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, Inc. has a one year low of $107.25 and a one year high of $190.40.

Institutional Investors Weigh In On Expedia Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. increased its holdings in Expedia Group by 2.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company’s stock worth $441,000 after acquiring an additional 62 shares in the last quarter. Empirical Finance LLC grew its holdings in shares of Expedia Group by 1.3% during the third quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock worth $704,000 after buying an additional 63 shares in the last quarter. Venture Visionary Partners LLC grew its holdings in shares of Expedia Group by 0.6% during the third quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock worth $1,683,000 after buying an additional 64 shares in the last quarter. GHE LLC grew its holdings in shares of Expedia Group by 1.0% during the third quarter. GHE LLC now owns 6,689 shares of the online travel company’s stock worth $980,000 after buying an additional 69 shares in the last quarter. Finally, AdvisorShares Investments LLC grew its holdings in shares of Expedia Group by 7.1% during the second quarter. AdvisorShares Investments LLC now owns 1,517 shares of the online travel company’s stock worth $186,000 after buying an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on EXPE. Jefferies Financial Group lifted their price objective on shares of Expedia Group from $145.00 to $160.00 and gave the company a “hold” rating in a research note on Tuesday, October 22nd. Morgan Stanley lifted their price objective on shares of Expedia Group from $150.00 to $180.00 and gave the company an “equal weight” rating in a research note on Friday. Cantor Fitzgerald restated a “neutral” rating and set a $130.00 price objective on shares of Expedia Group in a research note on Monday, October 7th. DA Davidson lifted their price objective on shares of Expedia Group from $135.00 to $190.00 and gave the company a “neutral” rating in a research note on Monday, November 18th. Finally, StockNews.com cut shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 9th. Twenty investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $165.46.

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.