Expedia Group, Inc. (NASDAQ:EXPE) Director Dara Khosrowshahi Sells 10,000 Shares

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

Expedia Group Stock Down 0.5 %

NASDAQ:EXPE opened at $185.33 on Friday. The company’s 50-day simple moving average is $180.24 and its 200-day simple moving average is $151.24. 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 fifty-two week low of $107.25 and a fifty-two week high of $192.34. The stock has a market capitalization of $23.79 billion, a P/E ratio of 23.85, a P/E/G ratio of 1.07 and a beta of 1.84.

Hedge Funds Weigh In On Expedia Group

Several institutional investors and hedge funds have recently bought and sold shares of the company. Windacre Partnership LLC lifted its holdings in shares of Expedia Group by 49.5% during the 3rd quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company’s stock valued at $639,994,000 after purchasing an additional 1,431,500 shares during the last quarter. Pacer Advisors Inc. raised its stake in Expedia Group by 22.5% in the third quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company’s stock valued at $481,170,000 after buying an additional 596,510 shares during the last quarter. Geode Capital Management LLC raised its stake in Expedia Group by 0.6% in the third quarter. Geode Capital Management LLC now owns 3,197,927 shares of the online travel company’s stock valued at $472,212,000 after buying an additional 20,005 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in Expedia Group by 9.4% in the third quarter. Fisher Asset Management LLC now owns 1,689,485 shares of the online travel company’s stock worth $250,078,000 after acquiring an additional 144,579 shares in the last quarter. Finally, Alkeon Capital Management LLC grew its stake in shares of Expedia Group by 46.3% during the third quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company’s stock worth $233,349,000 after acquiring an additional 498,934 shares during the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on EXPE shares. Susquehanna raised their target price 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. Deutsche Bank Aktiengesellschaft downgraded shares of Expedia Group from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Baird R W upgraded Expedia Group to a “strong-buy” rating in a report on Wednesday, November 27th. StockNews.com raised Expedia Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, December 14th. Finally, Morgan Stanley upped their price objective on Expedia Group from $150.00 to $180.00 and gave the company an “equal weight” rating in a research report on Friday, November 22nd. Twenty analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price 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.