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SEATTLE—Lance A. Soliday, the Senior Vice President and Chief Accounting Officer of Expedia Group, Inc. (NASDAQ:EXPE), recently sold a portion of his holdings in the company. According to a filing with the Securities and Exchange Commission, Soliday sold 691 shares of Expedia common stock on March 4, 2025, at a price of $191.17 per share, totaling $132,098. The transaction comes as Expedia’s stock has shown remarkable strength, with a 40% gain over the past year and the company maintaining impressive gross profit margins above 89%, according to InvestingPro data.
Following this transaction, Soliday retains ownership of 11,187 shares of Expedia common stock. This sale comes as part of regular insider transactions reported to the SEC. InvestingPro analysis indicates the company is currently trading below its Fair Value, with 7 analysts recently revising their earnings expectations upward. For deeper insights into Expedia’s valuation and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro.
In other recent news, Fortive (NYSE:FTV) Corporation has announced a leadership change with Mark Okerstrom set to become the new Chief Financial Officer starting March 24, 2025. He will succeed Chuck E. McLaughlin, who will retire but continue in an advisory role through the end of the year. Okerstrom brings extensive experience from his previous roles at Expedia Group, including CEO, and is recognized for his financial acumen and strategic growth initiatives. Meanwhile, Expedia Group has been active with several updates impacting its financial outlook. S&P Global Ratings assigned a ’BBB’ issue-level rating to Expedia’s proposed senior unsecured notes, reflecting confidence in the company’s market position and expected revenue growth of 5%-7% in 2025. Analyst firms have also adjusted their price targets for Expedia, with BMO Capital Markets raising its target to $190 and DA Davidson increasing it to $205, both maintaining neutral ratings. Mizuho (NYSE:MFG) Securities also raised its price target to $195, citing improved EBITDA forecasts and strategic initiatives like the One-Key program. These developments indicate a cautious but optimistic view from analysts on Expedia’s financial trajectory.
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