Expedia Group Inc (NASDAQ:EXPE), an online travel company that provides travel products and services to leisure and corporate travelers, has reported an insider sale according to a recent SEC filing. Chief Accounting Officer Lance Soliday disposed of 2,778 shares of the company on February 29, 2024.
Lance Soliday executed the sale at an average price of $136.5 per share, which resulted in a total transaction amount of $379,137. The insider's sale was made public through an SEC filing, which can be viewed in detail here.
Over the past year, Lance Soliday has sold a total of 17,847 shares of Expedia Group Inc and has not made any purchases of the stock. The recent transaction is part of a series of sales by the insider, reflecting a consistent pattern of share disposals over the period.
The insider transaction history for Expedia Group Inc shows a lack of insider purchases over the past year, with 0 buys recorded. In contrast, there have been 10 insider sells during the same timeframe, indicating a trend of insiders reducing their holdings in the company.
Shares of Expedia Group Inc were trading at $136.5 on the day of the transaction, giving the company a market capitalization of $18.65 billion. The price-earnings ratio of the company stands at 25.43, which is above the industry median of 20.65 but below the company's historical median price-earnings ratio.
According to the GuruFocus Value chart, with a current price of $136.5 and a GF Value of $155.19, Expedia Group Inc has a price-to-GF-Value ratio of 0.88, suggesting that the stock is modestly undervalued.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
Investors and analysts often monitor insider transactions as they can provide insights into a company's internal perspective on the stock's value and future performance. However, insider transactions are not the sole indicator of a stock's potential and should be considered alongside broader market analysis.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
