10,684 Shares in Expedia Group, Inc. $EXPE Acquired by North Dakota State Investment Board

North Dakota State Investment Board acquired a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 10,684 shares of the online travel company’s stock, valued at approximately $3,027,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. JFS Wealth Advisors LLC boosted its stake 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 acquiring an additional 44 shares during the last quarter. Lodestone Wealth Management LLC bought a new position in Expedia Group during the 4th quarter worth approximately $29,000. Grey Fox Wealth Advisors LLC bought a new position in Expedia Group during the 3rd quarter worth approximately $30,000. Rossby Financial LCC boosted its stake in Expedia Group by 103.8% during 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 during the last quarter. Finally, Sunbelt Securities Inc. raised its holdings in Expedia Group by 970.6% during 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 during the period. Institutional investors own 90.76% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on the stock. Mizuho dropped their target price on shares of Expedia Group from $270.00 to $245.00 and set a “neutral” rating on the stock in a report on Tuesday, March 3rd. HSBC raised their target price on shares of Expedia Group from $365.00 to $387.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Citic Securities dropped their target price on shares of Expedia Group from $337.00 to $320.00 and set a “buy” rating on the stock in a report on Friday. Wall Street Zen upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Sunday, May 10th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Expedia Group from $244.00 to $230.00 and set a “hold” rating on the stock in a report on Monday. Sixteen analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Expedia Group has an average rating of “Hold” and a consensus price target of $284.42.

Insiders Place Their Bets

In related 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 transaction, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 9.81% of the company’s stock.

Expedia Group Price Performance

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

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.55. The company had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $3.35 billion. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The firm’s revenue was up 14.7% compared to the same quarter last year. During the same period last year, the company earned $0.40 earnings per share. Equities research analysts anticipate that Expedia Group, Inc. will post 16.64 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, May 28th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Thursday, May 28th. Expedia Group’s payout ratio is presently 16.90%.

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.