Sapient Capital LLC Trims Position in Expedia Group, Inc. $EXPE

Sapient Capital LLC decreased its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 2.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 70,581 shares of the online travel company’s stock after selling 1,963 shares during the quarter. Sapient Capital LLC’s holdings in Expedia Group were worth $15,538,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in EXPE. Apollon Wealth Management LLC acquired a new stake in Expedia Group during the 3rd quarter worth approximately $234,000. Meyer Handelman Co. raised its stake in shares of Expedia Group by 11.6% during the third quarter. Meyer Handelman Co. now owns 53,052 shares of the online travel company’s stock worth $11,340,000 after purchasing an additional 5,497 shares during the last quarter. Ellsworth Advisors LLC purchased a new stake in shares of Expedia Group during the third quarter worth approximately $4,332,000. Burns Matteson Capital Management LLC acquired a new stake in shares of Expedia Group during the third quarter worth $483,000. Finally, Regent Peak Wealth Advisors LLC acquired a new stake in shares of Expedia Group during the third quarter worth $234,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Trading Up 0.3%

Shares of Expedia Group stock opened at $287.56 on Friday. The company has a 50-day moving average of $253.63 and a two-hundred day moving average of $217.34. Expedia Group, Inc. has a 12-month low of $130.01 and a 12-month high of $292.42. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.72. The stock has a market cap of $35.23 billion, a PE ratio of 27.52, a price-to-earnings-growth ratio of 1.30 and a beta of 1.44.

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

Expedia Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 11th. Stockholders of record on Wednesday, November 19th were given a $0.40 dividend. The ex-dividend date was Wednesday, November 19th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.6%. Expedia Group’s dividend payout ratio (DPR) is currently 15.31%.

Insider Transactions at Expedia Group

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the firm’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $271.55, for a total transaction of $814,650.00. Following the completion of the transaction, the director directly owned 30,858 shares in the company, valued at approximately $8,379,489.90. This trade represents a 8.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Madhumita Moina Banerjee sold 1,000 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $258.00, for a total transaction of $258,000.00. Following the completion of the sale, the director directly owned 2,916 shares in the company, valued at $752,328. This trade represents a 25.54% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 4,849 shares of company stock valued at $1,283,270 in the last 90 days. 9.13% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have issued reports on EXPE shares. The Goldman Sachs Group boosted their price objective on shares of Expedia Group from $253.00 to $295.00 and gave the company a “buy” rating in a research note on Friday, November 7th. B. Riley boosted their price target on shares of Expedia Group from $260.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Wall Street Zen downgraded shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 13th. TD Cowen lifted their price objective on Expedia Group from $220.00 to $256.00 in a report on Friday, November 7th. Finally, DA Davidson reiterated a “neutral” rating and set a $294.00 target price on shares of Expedia Group in a research report on Thursday, December 11th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and twenty-four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Expedia Group currently has a consensus rating of “Hold” and an average target price of $270.66.

Expedia Group 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.