SteelPeak Wealth LLC Increases Position in Expedia Group, Inc. $EXPE

SteelPeak Wealth LLC raised its position in Expedia Group, Inc. (NASDAQ:EXPE) by 1.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,104 shares of the online travel company’s stock after purchasing an additional 99 shares during the period. SteelPeak Wealth LLC’s holdings in Expedia Group were worth $1,198,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Expedia Group by 2.7% in the 1st quarter. Vanguard Group Inc. now owns 15,201,811 shares of the online travel company’s stock valued at $2,555,424,000 after purchasing an additional 394,147 shares during the last quarter. Alkeon Capital Management LLC increased its position in shares of Expedia Group by 20.2% in the 1st quarter. Alkeon Capital Management LLC now owns 2,375,276 shares of the online travel company’s stock valued at $399,284,000 after purchasing an additional 398,804 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Expedia Group by 174.0% in the 1st quarter. AQR Capital Management LLC now owns 1,444,283 shares of the online travel company’s stock valued at $235,592,000 after purchasing an additional 917,192 shares during the last quarter. Nuveen LLC purchased a new stake in shares of Expedia Group in the 1st quarter valued at approximately $227,174,000. Finally, Northern Trust Corp increased its position in shares of Expedia Group by 4.4% in the 1st quarter. Northern Trust Corp now owns 1,331,482 shares of the online travel company’s stock valued at $223,822,000 after purchasing an additional 55,575 shares during the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Stock Down 3.4%

EXPE stock opened at $216.16 on Wednesday. Expedia Group, Inc. has a one year low of $130.01 and a one year high of $240.98. The stock has a market capitalization of $26.74 billion, a PE ratio of 26.49, a price-to-earnings-growth ratio of 1.17 and a beta of 1.56. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. The company has a fifty day moving average of $210.39 and a 200-day moving average of $181.95.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, topping the consensus estimate of $4.13 by $0.11. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The company had revenue of $3.79 billion during the quarter, compared to analysts’ expectations of $3.70 billion. During the same quarter last year, the business earned $3.51 EPS. The business’s revenue was up 6.4% on a year-over-year basis. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Dividend Announcement

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

Insider Transactions at Expedia Group

In other news, CAO Lance A. Soliday sold 852 shares of the firm’s stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the sale, the chief accounting officer owned 12,036 shares in the company, valued at approximately $2,477,971.68. This trade represents a 6.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Craig A. Jacobson sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total transaction of $623,340.00. Following the completion of the sale, the director owned 33,858 shares of the company’s stock, valued at $7,035,015.24. This trade represents a 8.14% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,816 shares of company stock worth $2,009,132. Company insiders own 9.13% of the company’s stock.

Analyst Upgrades and Downgrades

EXPE has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of Expedia Group from a “hold” rating to a “buy” rating in a research report on Monday, July 28th. UBS Group increased their target price on shares of Expedia Group from $182.00 to $209.00 and gave the company a “neutral” rating in a research report on Friday, August 8th. Morgan Stanley increased their target price on shares of Expedia Group from $150.00 to $165.00 and gave the company an “equal weight” rating in a research report on Monday, July 21st. Cowen reaffirmed a “hold” rating on shares of Expedia Group in a research report on Friday, August 8th. Finally, B. Riley increased their target price on shares of Expedia Group from $222.00 to $260.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $209.00.

Expedia Group Company 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.