Expedia Group (NASDAQ:EXPE) Sets New 52-Week High – Here’s What Happened

Expedia Group, Inc. (NASDAQ:EXPE) hit a new 52-week high on Monday . The company traded as high as $335.06 and last traded at $334.0680, with a volume of 175018 shares. The stock had previously closed at $321.63.

More Expedia Group News

Here are the key news stories impacting Expedia Group this week:

• Positive Sentiment: BTIG raised its price target to $400 from $350 and reaffirmed a Buy rating, implying approximately 18.4% upside from the referenced trading level. The increase reflects stronger expectations following Expedia’s results and outlook. BTIG raises Expedia price target
• Positive Sentiment: Recent coverage highlighted Expedia’s strong second quarter and higher guidance as support for additional gains. Gross bookings increased 12%, revenue rose 14%, adjusted EBITDA margins improved and B2B gross bookings grew 21% year over year. The company also repurchased roughly 880,000 shares for $200 million and maintained its $0.48 quarterly dividend. Expedia strong Q2 and higher guidance
• Positive Sentiment: Expedia and Airbnb shares have benefited from continued investor enthusiasm for online travel companies, with expectations that resilient travel demand and improving operating performance can extend the sector’s rally. Airbnb and Expedia stocks rally
• Neutral Sentiment: Reported short-interest data showed zero shares sold short and a zero-day days-to-cover ratio. Because the figures indicate no measurable short position and include an anomalous percentage change, they provide little actionable information for EXPE investors.
• Negative Sentiment: Chief Legal Officer and Secretary Robert J. Dzielak sold 1,004 shares at an average price of $335, worth approximately $336,340. The transaction reduced his direct holdings by 0.95%; he still owned 104,331 shares afterward. The sale may weigh modestly on sentiment but is relatively small compared with his remaining stake. Expedia executive insider transaction

Analyst Upgrades and Downgrades

A number of analysts have commented on EXPE shares. Robert W. Baird set a $335.00 price target on shares of Expedia Group in a research report on Thursday, August 6th. Barclays boosted their price objective on Expedia Group from $264.00 to $320.00 and gave the company an “equal weight” rating in a research note on Thursday, August 6th. Deutsche Bank Aktiengesellschaft cut their target price on Expedia Group from $244.00 to $230.00 and set a “hold” rating on the stock in a research report on Monday, May 18th. Royal Bank Of Canada raised their target price on Expedia Group from $290.00 to $330.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 6th. Finally, Susquehanna lifted their target price on Expedia Group from $250.00 to $315.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Eighteen equities research analysts have rated the stock with a Buy rating and twenty-one have given a Hold rating to the company’s stock. According to data from MarketBeat, Expedia Group presently has a consensus rating of “Hold” and an average price target of $317.45.

Expedia Group Trading Down 0.3%

The business has a 50 day moving average of $284.21 and a two-hundred day moving average of $249.33. The firm has a market capitalization of $40.56 billion, a price-to-earnings ratio of 21.07, a P/E/G ratio of 0.83 and a beta of 1.22. 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 (NASDAQ:EXPE) last announced its quarterly earnings data on Wednesday, August 5th. The online travel company reported $5.76 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 firm had revenue of $4.32 billion during the quarter, compared to analysts’ expectations of $4.17 billion. During the same quarter last year, the firm posted $4.24 earnings per share. The company’s revenue for the quarter was up 14.0% compared to the same quarter last year. Equities analysts predict that Expedia Group, Inc. will post 17.15 EPS for the current year.

Expedia Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, August 27th will be given a $0.48 dividend. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $1.92 annualized dividend and a yield of 0.6%. Expedia Group’s dividend payout ratio (DPR) is presently 11.97%.

Insider Buying and Selling at Expedia Group

In other news, CAO Lance A. Soliday sold 2,810 shares of Expedia Group stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $323.65, for a total transaction of $909,456.50. Following the completion of the transaction, the chief accounting officer directly owned 12,006 shares in the company, valued at $3,885,741.90. This trade represents a 18.97% 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, Director Craig A. Jacobson sold 3,133 shares of Expedia Group stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $328.52, for a total transaction of $1,029,253.16. Following the transaction, the director owned 29,832 shares of the company’s stock, valued at $9,800,408.64. This represents a 9.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 16,652 shares of company stock worth $4,977,561. 5.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Expedia Group

Large investors have recently added to or reduced their stakes in the business. Motiv8 Investments LLC bought a new stake in Expedia Group during the 4th quarter worth approximately $25,000. Entrust Financial LLC purchased a new stake in Expedia Group in the 4th quarter valued at $26,000. First Bancorp Inc ME bought a new position in Expedia Group during the 2nd quarter valued at $28,000. DV Equities LLC purchased a new position in Expedia Group during the 4th quarter worth $46,000. Finally, Elevation Wealth Partners LLC boosted its holdings in Expedia Group by 272.9% during the 2nd quarter. Elevation Wealth Partners LLC now owns 179 shares of the online travel company’s stock worth $46,000 after acquiring an additional 131 shares during the last quarter. Institutional investors own 90.76% 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.