Yousif Capital Management LLC Sells 2,349 Shares of Expedia Group, Inc. $EXPE

Yousif Capital Management LLC lessened its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 13.4% in the third quarter, HoldingsChannel reports. The fund owned 15,142 shares of the online travel company’s stock after selling 2,349 shares during the period. Yousif Capital Management LLC’s holdings in Expedia Group were worth $3,237,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in EXPE. OMNI 360 Wealth Inc. acquired a new position in shares of Expedia Group in the second quarter valued at about $325,000. Leith Wheeler Investment Counsel Ltd. grew its position in shares of Expedia Group by 2.6% during the 2nd quarter. Leith Wheeler Investment Counsel Ltd. now owns 107,973 shares of the online travel company’s stock worth $18,213,000 after purchasing an additional 2,767 shares in the last quarter. Vise Technologies Inc. acquired a new position in shares of Expedia Group during the 2nd quarter worth approximately $2,351,000. NorthCrest Asset Manangement LLC bought a new position in shares of Expedia Group during the second quarter worth approximately $417,000. Finally, Brighton Jones LLC raised its position in shares of Expedia Group by 44.1% in the third quarter. Brighton Jones LLC now owns 16,311 shares of the online travel company’s stock valued at $3,486,000 after buying an additional 4,988 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on EXPE shares. Deutsche Bank Aktiengesellschaft increased their price target on Expedia Group from $185.00 to $235.00 and gave the stock a “hold” rating in a research report on Friday, November 7th. Piper Sandler upgraded Expedia Group from an “underweight” rating to a “neutral” rating and upped their target price for the company from $190.00 to $250.00 in a research report on Friday, November 7th. Truist Financial set a $210.00 price target on Expedia Group in a research report on Monday, October 27th. Wall Street Zen downgraded Expedia Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 13th. Finally, Evercore ISI upped their price objective on shares of Expedia Group from $280.00 to $350.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 25th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and twenty-four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $270.66.

Expedia Group Price Performance

Shares of EXPE stock opened at $287.56 on Friday. The business has a fifty day simple moving average of $253.63 and a 200 day simple moving average of $217.04. The company has a market cap of $35.23 billion, a P/E ratio of 27.52, a P/E/G ratio of 1.29 and a beta of 1.44. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.72. Expedia Group, Inc. has a twelve month low of $130.01 and a twelve month high of $292.42.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, topping the consensus estimate of $7.10 by $0.47. The firm had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.28 billion. Expedia Group had a return on equity of 64.15% and a net margin of 9.66%.The business’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $6.13 earnings per share. On average, sell-side analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 11th. Investors of record on Wednesday, November 19th were paid a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, November 19th. This represents a $1.60 annualized dividend and a yield of 0.6%. Expedia Group’s dividend payout ratio is presently 15.31%.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, Director Madhumita Moina Banerjee sold 1,000 shares of the business’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $258.00, for a total transaction of $258,000.00. Following the sale, the director owned 2,916 shares of the company’s stock, valued at approximately $752,328. The trade was a 25.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Lance A. Soliday sold 849 shares of the stock in a transaction on Friday, November 21st. The shares were sold at an average price of $248.08, for a total value of $210,619.92. Following the completion of the transaction, the chief accounting officer owned 11,662 shares of the company’s stock, valued at $2,893,108.96. The trade was a 6.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 4,849 shares of company stock worth $1,283,270 over the last quarter. Corporate insiders own 9.13% of the company’s stock.

Expedia Group Company Profile

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.