Expedia Group, Inc. $EXPE Shares Bought by New York Life Investment Management LLC

New York Life Investment Management LLC raised its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 0.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,789 shares of the online travel company’s stock after acquiring an additional 64 shares during the quarter. New York Life Investment Management LLC’s holdings in Expedia Group were worth $2,832,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of EXPE. Altman Advisors Inc. raised its stake in shares of Expedia Group by 0.5% during the 1st quarter. Altman Advisors Inc. now owns 13,338 shares of the online travel company’s stock worth $2,093,000 after buying an additional 65 shares during the period. Consilio Wealth Advisors LLC raised its stake in shares of Expedia Group by 4.1% during the 2nd quarter. Consilio Wealth Advisors LLC now owns 1,786 shares of the online travel company’s stock worth $305,000 after buying an additional 71 shares during the period. Horizon Investments LLC raised its stake in shares of Expedia Group by 4.4% during the 1st quarter. Horizon Investments LLC now owns 1,780 shares of the online travel company’s stock worth $299,000 after buying an additional 75 shares during the period. Moody National Bank Trust Division raised its stake in shares of Expedia Group by 1.7% during the 2nd quarter. Moody National Bank Trust Division now owns 4,868 shares of the online travel company’s stock worth $821,000 after buying an additional 80 shares during the period. Finally, SVB Wealth LLC raised its stake in shares of Expedia Group by 3.6% during the 1st quarter. SVB Wealth LLC now owns 2,408 shares of the online travel company’s stock worth $405,000 after buying an additional 84 shares during the period. 90.76% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Expedia Group news, insider Robert J. Dzielak sold 2,658 shares of the firm’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 completion of the sale, the insider directly owned 74,417 shares of the company’s stock, valued at $15,297,902.69. This trade represents a 3.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Lance A. Soliday sold 852 shares of the firm’s stock in a transaction 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 completion of the sale, the chief accounting officer directly owned 12,036 shares of the company’s stock, valued at $2,477,971.68. This trade represents a 6.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 9,816 shares of company stock valued at $2,009,132 in the last three months. 9.13% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on EXPE shares. Mizuho started coverage on Expedia Group in a research note on Tuesday, September 30th. They set a “neutral” rating and a $240.00 target price for the company. Jefferies Financial Group upped their target price on Expedia Group from $210.00 to $220.00 and gave the stock a “hold” rating in a research note on Friday, October 17th. Sanford C. Bernstein set a $210.00 target price on Expedia Group in a research note on Monday, August 11th. Citigroup increased their price objective on Expedia Group from $177.00 to $206.00 and gave the company a “neutral” rating in a research note on Wednesday, August 13th. Finally, Bank of America raised their price objective on Expedia Group from $211.00 to $240.00 and gave the company a “buy” rating in a report on Friday, August 8th. Three 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. According to MarketBeat.com, Expedia Group has an average rating of “Hold” and a consensus price target of $214.29.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $220.47 on Friday. The firm has a 50-day simple moving average of $218.38 and a 200-day simple moving average of $189.02. The stock has a market capitalization of $27.28 billion, a price-to-earnings ratio of 27.02, a price-to-earnings-growth ratio of 1.15 and a beta of 1.56. 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, Inc. has a 52 week low of $130.01 and a 52 week 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, topping analysts’ consensus estimates of $4.13 by $0.11. The company 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%.The firm’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.51 earnings per share. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders 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 dividend on an annualized basis and a dividend yield of 0.7%. Expedia Group’s dividend payout ratio (DPR) is 19.61%.

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.