Expedia Group, Inc. $EXPE Shares Acquired by Handelsbanken Fonder AB

Handelsbanken Fonder AB grew its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 53.8% during the second quarter, HoldingsChannel.com reports. The firm owned 53,120 shares of the online travel company’s stock after purchasing an additional 18,582 shares during the period. Handelsbanken Fonder AB’s holdings in Expedia Group were worth $13,592,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Motiv8 Investments LLC acquired a new position in shares of Expedia Group in the 4th quarter valued at about $25,000. Entrust Financial LLC acquired a new position in Expedia Group during the 4th quarter worth $26,000. DV Equities LLC acquired a new stake in Expedia Group in the fourth quarter worth about $46,000. Elevation Wealth Partners LLC increased its stake in shares of Expedia Group by 272.9% during the second quarter. Elevation Wealth Partners LLC now owns 179 shares of the online travel company’s stock valued at $46,000 after acquiring an additional 131 shares during the period. Finally, Sunbelt Securities Inc. raised its stake in shares of Expedia Group by 970.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock worth $39,000 after buying an additional 165 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently commented on EXPE shares. Bank of America reissued a “buy” rating on shares of Expedia Group in a research note on Thursday, August 6th. BTIG Research lifted their target price on Expedia Group from $330.00 to $350.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Dbs Bank raised shares of Expedia Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, May 11th. Argus increased their price objective on Expedia Group from $270.00 to $315.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Finally, Barclays raised their target price on Expedia Group from $264.00 to $320.00 and gave the company an “equal weight” rating in a report on Thursday, August 6th. Seventeen investment analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $311.76.

Expedia Group Stock Up 0.8%

NASDAQ EXPE opened at $328.31 on Friday. The firm has a 50-day simple moving average of $268.47 and a 200 day simple moving average of $245.57. The company has a debt-to-equity ratio of 2.21, a quick ratio of 0.80 and a current ratio of 0.80. Expedia Group, Inc. has a twelve month low of $185.34 and a twelve month high of $331.31. The stock has a market cap of $40.23 billion, a PE ratio of 20.47, a PEG ratio of 0.80 and a beta of 1.22.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Wednesday, August 5th. The online travel company reported $5.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.22 by $0.54. Expedia Group had a return on equity of 87.32% and a net margin of 12.97%.The business had revenue of $4.32 billion for the quarter, compared to analysts’ expectations of $4.17 billion. During the same period in the previous year, the business posted $4.24 earnings per share. Expedia Group’s quarterly revenue was up 14.0% on a year-over-year basis. On average, research analysts forecast that Expedia Group, Inc. will post 17.18 EPS for the current year.

Expedia Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, August 27th will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 0.6%. The ex-dividend date is Thursday, August 27th. Expedia Group’s dividend payout ratio is currently 11.97%.

Insider Buying and Selling at Expedia Group

In related news, CAO Lance A. Soliday sold 940 shares of Expedia Group 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 completion of the transaction, the chief accounting officer directly owned 14,083 shares of the company’s stock, valued at $3,124,454.38. This trade represents a 6.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Robert J. Dzielak sold 3,003 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $315.00, for a total transaction of $945,945.00. Following the completion of the transaction, the insider owned 103,829 shares in the company, valued at approximately $32,706,135. This trade represents a 2.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 8,645 shares of company stock worth $2,250,059 in the last 90 days. 5.20% of the stock is owned by corporate insiders.

About Expedia Group

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.