Oak Ridge Investments LLC Purchases 2,377 Shares of Expedia Group, Inc. $EXPE

Oak Ridge Investments LLC lifted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 62.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,198 shares of the online travel company’s stock after purchasing an additional 2,377 shares during the period. Oak Ridge Investments LLC’s holdings in Expedia Group were worth $1,756,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in EXPE. JFS Wealth Advisors LLC raised its position in Expedia Group by 78.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after purchasing an additional 44 shares during the last quarter. Lodestone Wealth Management LLC bought a new position in shares of Expedia Group in the 4th quarter worth about $29,000. Grey Fox Wealth Advisors LLC bought a new position in shares of Expedia Group in the 3rd quarter worth about $30,000. Rossby Financial LCC raised its position in shares of Expedia Group by 103.8% in the 3rd quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock worth $35,000 after acquiring an additional 82 shares in the last quarter. Finally, SOA Wealth Advisors LLC. bought a new position in shares of Expedia Group in the 3rd quarter worth about $36,000. Institutional investors own 90.76% of the company’s stock.

Insider Buying and Selling at Expedia Group

In other news, insider Robert J. Dzielak sold 8,225 shares of the business’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $220.82, for a total transaction of $1,816,244.50. Following the sale, the insider directly owned 102,480 shares in the company, valued at approximately $22,629,633.60. The trade was a 7.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 9.13% of the company’s stock.

Expedia Group Trading Up 5.3%

Shares of EXPE stock opened at $240.21 on Tuesday. Expedia Group, Inc. has a 1 year low of $144.20 and a 1 year high of $303.80. The firm’s fifty day simple moving average is $226.52 and its 200 day simple moving average is $245.39. The firm has a market capitalization of $29.44 billion, a P/E ratio of 24.39, a price-to-earnings-growth ratio of 0.70 and a beta of 1.33. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.75.

Expedia Group (NASDAQ:EXPE) last announced its earnings results on Thursday, February 12th. The online travel company reported $3.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.32 by $0.46. The business had revenue of $3.55 billion for the quarter, compared to analyst estimates of $3.41 billion. Expedia Group had a net margin of 8.78% and a return on equity of 72.23%. Expedia Group’s revenue was up 11.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.39 earnings per share. As a group, sell-side analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th were issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 0.8%. This is an increase from Expedia Group’s previous quarterly dividend of $0.40. The ex-dividend date was Thursday, March 5th. Expedia Group’s dividend payout ratio (DPR) is presently 19.49%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Cantor Fitzgerald set a $245.00 price objective on Expedia Group in a report on Friday, February 13th. Citigroup decreased their price objective on Expedia Group from $281.00 to $225.00 and set a “buy” rating for the company in a report on Friday, February 20th. Wedbush reissued a “neutral” rating and set a $260.00 price objective on shares of Expedia Group in a report on Tuesday, February 17th. Bank of America boosted their price objective on Expedia Group from $303.00 to $306.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Finally, HSBC boosted their price objective on Expedia Group from $365.00 to $387.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Fourteen analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $282.45.

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.