Expedia Group’s top accounting officer sells $770K in company shares.

TLDR:

Key Points:

• SVP & Chief Accounting Officer of Expedia Group, Lance Soliday, sold $770K in stock
• Expedia Group’s financial performance, including revenue growth and profitability, is highlighted

In a recent insider transaction, Lance Soliday, the SVP & Chief Accounting Officer of Expedia Group, sold $770K in stock. The Form 4 filing with the U.S. Securities and Exchange Commission outlined that Soliday executed a sale of 5,725 shares of Expedia Group on August 20. The stock price of Expedia Group has seen a slight increase following the sale.

Expedia Group is a leading online travel agency, offering services for lodging, air tickets, rental cars, and more. The company’s financials show impressive revenue growth and profitability metrics. The company’s revenue growth rate is 5.96%, with a gross margin of 89.83% and an EPS of 2.92, surpassing industry averages. However, the company’s debt-to-equity ratio is high, indicating potential financial challenges.

While insider transactions like Soliday’s sale should not be the sole basis for investment decisions, they can provide valuable insights for investors. Insider transactions are disclosed through Form 4 filings and can indicate insider sentiment towards the company’s stock.

Overall, Expedia Group’s financial performance and insider transactions provide useful information for investors to consider when evaluating the company’s stock.