Insider Selling: Expedia Group, Inc. (NASDAQ:EXPE) Insider Sells 1,951 Shares of Stock

Expedia Group, Inc. (NASDAQ:EXPE) insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $180.00, for a total transaction of $351,180.00. Following the completion of the sale, the insider now owns 85,250 shares of the company’s stock, valued at $15,345,000. This trade represents a 2.24 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Expedia Group Stock Up 0.8 %

NASDAQ EXPE traded up $1.41 on Friday, reaching $184.92. The company had a trading volume of 1,215,594 shares, compared to its average volume of 2,151,429. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. The company’s fifty day moving average is $158.33 and its 200 day moving average is $136.47. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $190.40. The stock has a market capitalization of $23.73 billion, a P/E ratio of 23.62, a P/E/G ratio of 0.69 and a beta of 1.78.

Institutional Trading of Expedia Group

Several institutional investors and hedge funds have recently made changes to their positions in EXPE. Innealta Capital LLC bought a new stake in Expedia Group in the 2nd quarter worth about $27,000. Blue Trust Inc. boosted its stake in shares of Expedia Group by 93.8% in the 2nd quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock worth $30,000 after buying an additional 105 shares during the last quarter. LRI Investments LLC bought a new position in shares of Expedia Group in the first quarter valued at approximately $48,000. Venturi Wealth Management LLC increased its position in shares of Expedia Group by 709.8% during the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock valued at $49,000 after acquiring an additional 291 shares during the last quarter. Finally, Brooklyn Investment Group bought a new stake in Expedia Group during the third quarter worth $51,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on EXPE. Wedbush raised their price objective on Expedia Group from $130.00 to $180.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $140.00 price target on shares of Expedia Group in a research note on Friday, August 9th. Wells Fargo & Company boosted their price objective 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. Morgan Stanley raised their target price on Expedia Group from $150.00 to $180.00 and gave the stock an “equal weight” rating in a research report on Friday. Finally, JPMorgan Chase & Co. upped their price target on Expedia Group from $135.00 to $170.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. Twenty research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $165.46.

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.