Columbia Asset Management Sells 250 Shares of Expedia Group, Inc. $EXPE

Columbia Asset Management reduced its position in Expedia Group, Inc. (NASDAQ:EXPE) by 3.9% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 6,100 shares of the online travel company’s stock after selling 250 shares during the period. Columbia Asset Management’s holdings in Expedia Group were worth $1,029,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. One Wealth Advisors LLC raised its holdings in Expedia Group by 15.2% in the second quarter. One Wealth Advisors LLC now owns 3,618 shares of the online travel company’s stock worth $610,000 after purchasing an additional 477 shares in the last quarter. Poinciana Advisors Group LLC bought a new position in Expedia Group in the second quarter worth about $202,000. Washington Capital Management Inc. bought a new position in Expedia Group in the second quarter worth about $422,000. V Square Quantitative Management LLC raised its holdings in Expedia Group by 295.9% in the second quarter. V Square Quantitative Management LLC now owns 7,189 shares of the online travel company’s stock worth $1,213,000 after purchasing an additional 5,373 shares in the last quarter. Finally, GraniteShares Advisors LLC raised its holdings in Expedia Group by 11.2% in the second quarter. GraniteShares Advisors LLC now owns 3,024 shares of the online travel company’s stock worth $510,000 after purchasing an additional 304 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $213.75 on Wednesday. The business’s 50 day moving average price is $207.30 and its 200 day moving average price is $180.25. The firm has a market cap of $26.45 billion, a P/E ratio of 26.19, a P/E/G ratio of 1.16 and a beta of 1.57. Expedia Group, Inc. has a 52 week low of $130.01 and a 52 week high of $229.00. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, beating analysts’ consensus estimates of $4.13 by $0.11. The firm had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.70 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.Expedia Group’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.51 earnings per share. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, August 28th were given a $0.40 dividend. The ex-dividend date was Thursday, August 28th. This represents a $1.60 dividend on an annualized basis and a yield of 0.7%. Expedia Group’s dividend payout ratio is currently 19.61%.

Insider Activity at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 852 shares of the company’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total value of $175,409.76. Following the sale, the chief accounting officer owned 12,036 shares in the company, valued at approximately $2,477,971.68. This represents a 6.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Robert J. Dzielak sold 2,658 shares of the company’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total value of $546,405.06. Following the completion of the sale, the insider owned 74,417 shares in the company, valued at approximately $15,297,902.69. This represents a 3.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,816 shares of company stock worth $2,009,132 over the last quarter. Insiders own 9.13% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on EXPE. Sanford C. Bernstein set a $210.00 target price on shares of Expedia Group in a report on Monday, August 11th. DA Davidson upped their price objective on shares of Expedia Group from $174.00 to $218.00 and gave the company a “neutral” rating in a report on Friday, August 8th. Cowen restated a “hold” rating on shares of Expedia Group in a report on Friday, August 8th. Oppenheimer restated an “outperform” rating on shares of Expedia Group in a report on Friday, August 8th. Finally, Morgan Stanley upped their price objective on shares of Expedia Group from $150.00 to $165.00 and gave the company an “equal weight” rating in a report on Monday, July 21st. Three analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Expedia Group has an average rating of “Hold” and an average target price of $208.96.

Expedia Group Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.