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 Expedia Group 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 of the company’s stock, valued at $31,198,700.75. The trade was a 5.60 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Dara Khosrowshahi also recently made the following trade(s):

• On Friday, November 1st, Dara Khosrowshahi sold 10,000 shares of Expedia Group stock. The stock was 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 stock was sold at an average price of $150.18, for a total transaction of $1,501,800.00.

Expedia Group Stock Performance

Shares of EXPE opened at $186.09 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. The firm has a market cap of $23.88 billion, a PE ratio of 23.95, a P/E/G ratio of 1.07 and a beta of 1.83. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $192.34. The stock has a fifty day moving average price of $180.24 and a 200-day moving average price of $151.24.

Institutional Investors Weigh In On Expedia Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EXPE. Caprock Group LLC increased its holdings in shares of Expedia Group by 33.7% during the third quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock valued at $1,508,000 after acquiring an additional 2,569 shares in the last quarter. Cozad Asset Management Inc. grew its position in Expedia Group by 16.9% during the 3rd quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock worth $4,562,000 after purchasing an additional 4,449 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its stake in Expedia Group by 13.1% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock valued at $96,171,000 after purchasing an additional 75,120 shares in the last quarter. Integrated Investment Consultants LLC purchased a new position in shares of Expedia Group in the third quarter worth $527,000. Finally, DoubleLine ETF Adviser LP acquired a new stake in shares of Expedia Group during the second quarter worth $465,000. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on EXPE shares. Jefferies Financial Group increased their price target on Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a report on Tuesday, October 22nd. JMP Securities reiterated a “market perform” rating on shares of Expedia Group in a research note on Monday, December 16th. Deutsche Bank Aktiengesellschaft lowered shares of Expedia Group from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Cantor Fitzgerald reiterated a “neutral” rating and set a $130.00 price objective on shares of Expedia Group in a report on Monday, October 7th. Finally, 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 research note on Tuesday, October 8th. Twenty research analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $169.77.

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.