Auxano Advisors LLC Invests $2.60 Million in Expedia Group, Inc. $EXPE

Auxano Advisors LLC acquired a new stake in Expedia Group, Inc. (NASDAQ:EXPE) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 9,179 shares of the online travel company’s stock, valued at approximately $2,601,000. Expedia Group comprises approximately 0.5% of Auxano Advisors LLC’s investment portfolio, making the stock its 28th biggest holding.

Other hedge funds have also modified their holdings of the company. Entrust Financial LLC acquired a new stake in shares of Expedia Group in the fourth quarter valued at $26,000. JFS Wealth Advisors LLC raised its stake in shares of Expedia Group by 78.6% in the fourth quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock valued at $28,000 after acquiring an additional 44 shares in the last quarter. Lodestone Wealth Management LLC acquired a new stake in shares of Expedia Group in the fourth quarter valued at $29,000. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Expedia Group in the third quarter valued at $30,000. Finally, Rossby Financial LCC raised its stake in shares of Expedia Group by 103.8% in the third quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock valued at $35,000 after acquiring an additional 82 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $214.99 on Tuesday. The business’s 50 day simple moving average is $238.08 and its 200-day simple moving average is $249.50. The firm has a market capitalization of $26.34 billion, a price-to-earnings ratio of 18.93, a price-to-earnings-growth ratio of 0.68 and a beta of 1.30. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.73 and a quick ratio of 0.73. Expedia Group, Inc. has a 12 month low of $156.05 and a 12 month high of $303.80.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.41 by $0.55. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The business had revenue of $3.43 billion for the quarter, compared to analyst estimates of $3.35 billion. During the same quarter in the previous year, the company earned $0.40 EPS. The company’s quarterly revenue was up 14.7% on a year-over-year basis. As a group, equities analysts forecast that Expedia Group, Inc. will post 16.64 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th will be issued a $0.48 dividend. The ex-dividend date is Thursday, May 28th. This represents a $1.92 annualized dividend and a yield of 0.9%. Expedia Group’s payout ratio is 16.90%.

Insider Activity

In other news, insider Robert J. Dzielak sold 8,225 shares of the business’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $220.82, for a total transaction of $1,816,244.50. Following the completion of the sale, the insider directly owned 102,480 shares of the company’s stock, valued at $22,629,633.60. The trade was a 7.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 9.81% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

EXPE has been the topic of several analyst reports. Wedbush reiterated a “neutral” rating and issued a $260.00 price objective on shares of Expedia Group in a research note on Tuesday, February 17th. Evercore restated an “outperform” rating on shares of Expedia Group in a research note on Monday, February 9th. The Goldman Sachs Group raised their price target on Expedia Group from $325.00 to $355.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Morgan Stanley raised their price target on Expedia Group from $270.00 to $290.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 28th. Finally, Piper Sandler raised their price target on Expedia Group from $225.00 to $245.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Sixteen research analysts have rated the stock with a Buy rating and twenty-three have given a Hold rating to the company. Based on data from MarketBeat, Expedia Group presently has a consensus rating of “Hold” and an average price target of $284.42.

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.