Forum Financial Management LP Invests $292,000 in Expedia Group, Inc. $EXPE

Forum Financial Management LP acquired a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the second quarter, HoldingsChannel reports. The fund acquired 1,729 shares of the online travel company’s stock, valued at approximately $292,000.

A number of other institutional investors have also modified their holdings of EXPE. McClarren Financial Advisors Inc. bought a new position in Expedia Group in the 1st quarter worth about $28,000. Atlas Capital Advisors Inc. bought a new position in Expedia Group in the 1st quarter worth about $28,000. GFG Capital LLC bought a new position in Expedia Group in the 2nd quarter worth about $29,000. Trust Co. of Toledo NA OH bought a new position in Expedia Group in the 2nd quarter worth about $31,000. Finally, Park Square Financial Group LLC bought a new position in Expedia Group in the 1st quarter worth about $34,000. Institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Up 1.5%

Expedia Group stock opened at $218.85 on Monday. The firm has a market cap of $27.08 billion, a PE ratio of 26.82, a P/E/G ratio of 1.14 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 firm’s 50 day moving average price is $217.14 and its two-hundred day moving average price is $187.36. Expedia Group, Inc. has a twelve month low of $130.01 and a twelve month high of $240.98.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share for the quarter, beating the consensus estimate 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 net margin of 7.94% and a return on equity of 56.25%. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, research analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The company also recently announced 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 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 (DPR) is presently 19.61%.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Barclays upped their target price on shares of Expedia Group from $190.00 to $197.00 and gave the stock an “equal weight” rating in a research report on Friday, August 8th. B. Riley upped their target price on shares of Expedia Group from $222.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Wells Fargo & Company upped their price target on shares of Expedia Group from $211.00 to $212.00 and gave the stock an “equal weight” rating in a research note on Monday, October 6th. Mizuho assumed coverage on shares of Expedia Group in a research note on Tuesday, September 30th. They issued a “neutral” rating and a $240.00 price target for the company. Finally, Cowen reaffirmed a “hold” rating on shares of Expedia Group in a research note on Friday, August 8th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $212.79.

Insider Activity at Expedia Group

In related 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 transaction, the chief accounting officer directly 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 filing with the SEC, which is available through this link. Also, insider Robert J. Dzielak sold 3,306 shares of the firm’s stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $200.84, for a total transaction of $663,977.04. Following the completion of the sale, the insider owned 77,075 shares in the company, valued at $15,479,743. This represents a 4.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,816 shares of company stock worth $2,009,132. 9.13% of the stock is owned by insiders.

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.