M.E. Allison & CO. Inc. bought a new position in Expedia Group, Inc. (NASDAQ:EXPE – Free Report) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 2,186 shares of the online travel company’s stock, valued at approximately $559,000.
A number of other hedge funds have also added to or reduced their stakes in the stock. Motiv8 Investments LLC purchased a new position in Expedia Group during the fourth quarter valued at approximately $25,000. Entrust Financial LLC purchased a new stake in Expedia Group in the 4th quarter worth approximately $26,000. DV Equities LLC bought a new position in Expedia Group in the 4th quarter valued at $46,000. Sunbelt Securities Inc. boosted its holdings in Expedia Group by 970.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock valued at $39,000 after purchasing an additional 165 shares during the period. Finally, Elyxium Wealth LLC purchased a new position in shares of Expedia Group during the 4th quarter valued at $53,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.
Insider Activity at Expedia Group
In related news, CAO Lance A. Soliday sold 940 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total transaction of $208,548.40. Following the transaction, the chief accounting officer owned 14,083 shares in the company, valued at $3,124,454.38. The trade was a 6.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 4,702 shares of the stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the completion of the transaction, the insider directly owned 105,448 shares of the company’s stock, valued at approximately $24,569,384. The trade was a 4.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 5.20% of the company’s stock.
More Expedia Group News
- Positive Sentiment: Quarterly earnings and revenue beat estimates: Expedia reported second-quarter earnings of $5.76 per share, up from $4.24 a year earlier and above analyst estimates ranging from $5.22 to $5.45. Revenue rose 14% year over year to $4.32 billion, exceeding the roughly $4.17 billion consensus. Expedia Q2 Earnings and Revenues Top Estimates
- Positive Sentiment: Full-year revenue outlook raised: Expedia now expects 2026 revenue of approximately $16.1 billion to $16.2 billion, above its previous $15.6 billion-to-$16.0 billion range and slightly ahead of the roughly $16.0 billion analyst consensus. Expedia Raises Revenue View on Higher Profit, Revenue
- Positive Sentiment: Demand trends remain favorable: Management raised its annual forecast as domestic travel demand stayed resilient, suggesting continued support for bookings and revenue growth. Expedia Raises Annual Forecast on Resilient Domestic Travel Demand
- Positive Sentiment: Near-term revenue outlook is in line with expectations: Expedia projected third-quarter revenue of $4.7 billion to $4.8 billion, consistent with the consensus estimate, while its updated full-year revenue forecast exceeded expectations.
- Positive Sentiment: Analyst sentiment was supportive: Truist Financial indicated that Expedia’s stock was expected to rise, adding to the positive reaction surrounding the earnings report. Truist Analyst Expects Expedia Stock to Rise
Expedia Group Stock Up 2.4%
EXPE opened at $319.66 on Thursday. The company has a market cap of $39.17 billion, a P/E ratio of 28.14, a P/E/G ratio of 0.81 and a beta of 1.22. The business’s 50-day moving average price is $257.56 and its 200-day moving average price is $243.87. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.43. Expedia Group, Inc. has a 12 month low of $181.58 and a 12 month high of $326.99.
Expedia Group (NASDAQ:EXPE – Get Free Report) last issued its earnings results on Wednesday, August 5th. The online travel company reported $5.76 earnings per share for the quarter, beating the consensus estimate of $5.22 by $0.54. The company had revenue of $4.32 billion during the quarter, compared to analysts’ expectations of $4.17 billion. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.Expedia Group’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same period in the prior year, the business posted $4.24 EPS. On average, equities analysts expect that Expedia Group, Inc. will post 17.18 EPS for the current year.
Expedia Group Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, August 27th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Thursday, August 27th. Expedia Group’s dividend payout ratio is currently 16.90%.
Analysts Set New Price Targets
Several equities analysts recently commented on the company. Piper Sandler boosted their target price on Expedia Group from $225.00 to $245.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. DA Davidson dropped their price target on Expedia Group from $260.00 to $250.00 and set a “neutral” rating for the company in a research report on Friday, May 15th. Citigroup reissued a “neutral” rating on shares of Expedia Group in a report on Monday, May 18th. Wells Fargo & Company decreased their price objective on shares of Expedia Group from $307.00 to $303.00 and set an “equal weight” rating on the stock in a research report on Tuesday, June 30th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Expedia Group from $244.00 to $230.00 and set a “hold” rating for the company in a research report on Monday, May 18th. Seventeen equities research analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $292.67.
Get Our Latest Analysis on EXPE
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.
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