Private Trust Co. NA Sells 1,942 Shares of Expedia Group, Inc. $EXPE

Private Trust Co. NA trimmed its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 86.5% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 302 shares of the online travel company’s stock after selling 1,942 shares during the period. Private Trust Co. NA’s holdings in Expedia Group were worth $51,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. McClarren Financial Advisors Inc. acquired a new stake in Expedia Group in the 1st quarter valued at approximately $28,000. Atlas Capital Advisors Inc. acquired a new stake in Expedia Group in the 1st quarter valued at approximately $28,000. GFG Capital LLC acquired a new stake in Expedia Group in the 2nd quarter valued at approximately $29,000. Trust Co. of Toledo NA OH acquired a new stake in Expedia Group in the 2nd quarter valued at approximately $31,000. Finally, Park Square Financial Group LLC acquired a new stake in Expedia Group in the 1st quarter valued at approximately $34,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $215.65 on Friday. The business’s 50 day moving average is $216.91 and its 200-day moving average is $186.26. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. The firm has a market capitalization of $26.68 billion, a PE ratio of 26.43, a PEG ratio of 1.18 and a beta of 1.56. Expedia Group, Inc. has a 1-year low of $130.01 and a 1-year high of $240.98.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, beating the consensus estimate of $4.13 by $0.11. The business 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 quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Dividend Announcement

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

Insider Activity at Expedia Group

In related news, insider Robert J. Dzielak sold 2,658 shares of the business’s stock in a transaction 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 sale, the insider owned 74,417 shares of the company’s stock, valued at $15,297,902.69. The trade was a 3.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Craig A. Jacobson sold 3,000 shares of the business’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total value of $623,340.00. Following the completion of the sale, the director directly owned 33,858 shares in the company, valued at approximately $7,035,015.24. This represents a 8.14% 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 valued at $2,009,132 in the last 90 days. 9.13% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

EXPE has been the topic of a number of research analyst reports. Oppenheimer reaffirmed an “outperform” rating on shares of Expedia Group in a report on Friday, August 8th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $200.00 target price on shares of Expedia Group in a report on Wednesday, July 23rd. TD Cowen raised their target price on Expedia Group from $205.00 to $220.00 and gave the company a “hold” rating in a report on Tuesday. Wall Street Zen raised Expedia Group from a “hold” rating to a “buy” rating in a report on Monday, July 28th. Finally, KeyCorp initiated coverage on Expedia Group in a report on Wednesday. They set a “sector weight” rating on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty-two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Expedia Group currently has a consensus rating of “Hold” and a consensus target price of $211.89.

About Expedia Group

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.