Oak Thistle LLC Has $2.16 Million Holdings in Expedia Group, Inc. $EXPE

Oak Thistle LLC increased its position in Expedia Group, Inc. (NASDAQ:EXPE) by 162.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,102 shares of the online travel company’s stock after acquiring an additional 6,254 shares during the quarter. Oak Thistle LLC’s holdings in Expedia Group were worth $2,159,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Moody National Bank Trust Division grew its position in shares of Expedia Group by 4.9% in the third quarter. Moody National Bank Trust Division now owns 5,107 shares of the online travel company’s stock valued at $1,092,000 after purchasing an additional 239 shares during the last quarter. Nilsine Partners LLC boosted its stake in Expedia Group by 12.2% during the 3rd quarter. Nilsine Partners LLC now owns 6,066 shares of the online travel company’s stock valued at $1,297,000 after purchasing an additional 660 shares during the period. Aaron Wealth Advisors LLC grew its holdings in Expedia Group by 570.2% in the 3rd quarter. Aaron Wealth Advisors LLC now owns 8,599 shares of the online travel company’s stock valued at $1,838,000 after buying an additional 7,316 shares during the last quarter. GAMMA Investing LLC grew its holdings in Expedia Group by 19.1% in the 3rd quarter. GAMMA Investing LLC now owns 3,153 shares of the online travel company’s stock valued at $674,000 after buying an additional 505 shares during the last quarter. Finally, Praxis Investment Management Inc. increased its position in Expedia Group by 65.3% in the 3rd quarter. Praxis Investment Management Inc. now owns 3,256 shares of the online travel company’s stock worth $696,000 after buying an additional 1,286 shares during the period. 90.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $271.55, for a total transaction of $814,650.00. Following the completion of the transaction, the director directly owned 30,858 shares of the company’s stock, valued at approximately $8,379,489.90. This trade represents a 8.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Madhumita Moina Banerjee sold 1,000 shares of the business’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $258.00, for a total transaction of $258,000.00. Following the completion of the sale, the director owned 2,916 shares in the company, valued at $752,328. This represents a 25.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 4,849 shares of company stock worth $1,283,270 in the last 90 days. 9.13% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

EXPE has been the subject of several research reports. Robert W. Baird increased their price objective on Expedia Group from $240.00 to $280.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Oppenheimer increased their price target on shares of Expedia Group from $250.00 to $290.00 and gave the company an “outperform” rating in a report on Friday, November 7th. Argus raised their price target on shares of Expedia Group from $265.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, November 10th. Royal Bank Of Canada upped their price objective on shares of Expedia Group from $200.00 to $260.00 and gave the company a “sector perform” rating in a research report on Friday, November 7th. Finally, Piper Sandler upgraded shares of Expedia Group from an “underweight” rating to a “neutral” rating and increased their target price for the company from $190.00 to $250.00 in a research note on Friday, November 7th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and twenty-four have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $265.78.

Expedia Group Price Performance

NASDAQ:EXPE opened at $285.02 on Wednesday. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.74 and a current ratio of 0.74. The company has a 50-day moving average of $242.23 and a 200-day moving average of $211.20. Expedia Group, Inc. has a 52 week low of $130.01 and a 52 week high of $289.98. The company has a market capitalization of $34.92 billion, a price-to-earnings ratio of 27.27, a PEG ratio of 1.28 and a beta of 1.44.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.10 by $0.47. The firm had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.28 billion. Expedia Group had a net margin of 9.66% and a return on equity of 64.15%. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $6.13 earnings per share. As a group, equities research analysts anticipate 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, December 11th. Investors of record on Wednesday, November 19th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Wednesday, November 19th. Expedia Group’s dividend payout ratio (DPR) is 15.31%.

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.