Expedia Group, Inc. $EXPE Shares Bought by Jackson Thornton Wealth Management LLC

Jackson Thornton Wealth Management LLC grew its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 154.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,439 shares of the online travel company’s stock after buying an additional 2,087 shares during the period. Jackson Thornton Wealth Management LLC’s holdings in Expedia Group were worth $730,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Leith Wheeler Investment Counsel Ltd. grew its stake 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 during the period. Railway Pension Investments Ltd lifted its stake in shares of Expedia Group by 19.6% in the third quarter. Railway Pension Investments Ltd now owns 115,200 shares of the online travel company’s stock worth $24,624,000 after buying an additional 18,900 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. Brighton Jones LLC increased its stake in shares of Expedia Group by 44.1% in the 3rd quarter. Brighton Jones LLC now owns 16,311 shares of the online travel company’s stock worth $3,486,000 after acquiring an additional 4,988 shares during the last quarter. Finally, Cerity Partners LLC raised its stake in Expedia Group by 77.4% during the third quarter. Cerity Partners LLC now owns 91,360 shares of the online travel company’s stock worth $19,528,000 after purchasing an additional 39,860 shares during the period. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Expedia Group Price Performance

Expedia Group stock opened at $276.62 on Tuesday. 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 company has a fifty day simple moving average of $274.61 and a 200-day simple moving average of $231.50. The stock has a market cap of $33.89 billion, a P/E ratio of 26.53, a price-to-earnings-growth ratio of 1.03 and a beta of 1.43. Expedia Group, Inc. has a 12-month low of $130.01 and a 12-month high of $303.80.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) 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 company had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same period in the previous year, the business earned $6.13 EPS. Expedia Group’s revenue for the quarter was up 8.7% on a year-over-year basis. Equities analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages have weighed in on EXPE. Wall Street Zen cut shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a research report on Sunday, January 11th. Cantor Fitzgerald upped their price target on Expedia Group from $220.00 to $285.00 and gave the stock a “neutral” rating in a research note on Friday, November 7th. Piper Sandler raised Expedia Group from an “underweight” rating to a “neutral” rating and lifted their price objective for the company from $190.00 to $250.00 in a research note on Friday, November 7th. Rothschild & Co Redburn increased their target price on Expedia Group from $290.00 to $350.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Finally, B. Riley lifted their target price on Expedia Group from $300.00 to $360.00 and gave the company a “buy” rating in a research report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and twenty-four have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $288.32.

Insider Buying and Selling

In related news, Director Madhumita Moina Banerjee sold 1,000 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $258.00, for a total value of $258,000.00. Following the transaction, the director owned 2,916 shares in the company, valued at $752,328. The trade was a 25.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CAO Lance A. Soliday sold 849 shares of Expedia Group stock in a transaction on Friday, November 21st. The shares were sold at an average price of $248.08, for a total transaction of $210,619.92. Following the completion of the transaction, the chief accounting officer owned 11,662 shares in the company, valued at approximately $2,893,108.96. This trade represents 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 in the last quarter. 9.13% of the stock is owned by insiders.

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.