Three Seasons Wealth LLC Purchases Shares of 2,677 Expedia Group, Inc. $EXPE

Three Seasons Wealth LLC purchased a new position in shares of Expedia Group, Inc. (NASDAQ:EXPEFree Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 2,677 shares of the online travel company’s stock, valued at approximately $572,000.

Several other large investors also recently made changes to their positions in the stock. OMNI 360 Wealth Inc. acquired a new stake in Expedia Group in the 2nd quarter valued at about $325,000. Leith Wheeler Investment Counsel Ltd. lifted its position in shares of Expedia Group by 2.6% in the second quarter. Leith Wheeler Investment Counsel Ltd. now owns 107,973 shares of the online travel company’s stock valued at $18,213,000 after buying an additional 2,767 shares during the last quarter. Vise Technologies Inc. acquired a new stake in shares of Expedia Group in the second quarter valued at approximately $2,351,000. NorthCrest Asset Manangement LLC bought a new position in shares of Expedia Group during the 2nd quarter worth approximately $417,000. Finally, Brighton Jones LLC increased its holdings in shares of Expedia Group by 44.1% during the 3rd quarter. Brighton Jones LLC now owns 16,311 shares of the online travel company’s stock worth $3,486,000 after acquiring an additional 4,988 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on EXPE. JPMorgan Chase & Co. lifted their price objective on shares of Expedia Group from $225.00 to $260.00 and gave the stock a “neutral” rating in a research report on Friday, November 7th. Cantor Fitzgerald raised their target price on shares of Expedia Group from $220.00 to $285.00 and gave the stock a “neutral” rating in a research note on Friday, November 7th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Expedia Group in a research note on Monday, December 22nd. DA Davidson reissued a “neutral” rating and issued a $294.00 price target on shares of Expedia Group in a report on Thursday, December 11th. Finally, Benchmark boosted their price objective on Expedia Group from $265.00 to $310.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and twenty-four have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $270.66.

Get Our Latest Stock Analysis on EXPE

Expedia Group Stock Up 0.3%

Shares of EXPE opened at $287.56 on Monday. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.72. Expedia Group, Inc. has a 12 month low of $130.01 and a 12 month high of $292.42. The firm’s 50 day moving average is $253.63 and its 200-day moving average is $217.65. The stock has a market capitalization of $35.23 billion, a PE ratio of 27.52, a P/E/G ratio of 1.30 and a beta of 1.44.

Expedia Group (NASDAQ:EXPEGet Free Report) last issued its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.10 by $0.47. The business had revenue of $4.41 billion during the quarter, compared to analysts’ expectations of $4.28 billion. Expedia Group had a return on equity of 64.15% and a net margin of 9.66%.The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period in the previous year, the company posted $6.13 earnings per share. Equities research analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Stockholders of record on Wednesday, November 19th were issued 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 of this dividend was Wednesday, November 19th. Expedia Group’s dividend payout ratio is 15.31%.

Insider Buying and Selling

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $271.55, for a total transaction of $814,650.00. Following the sale, the director directly owned 30,858 shares in the company, valued at $8,379,489.90. This represents a 8.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Madhumita Moina Banerjee sold 1,000 shares of the business’s stock in a transaction that occurred 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 transaction, the director owned 2,916 shares of the company’s stock, valued at $752,328. The trade was a 25.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 4,849 shares of company stock worth $1,283,270. Company insiders own 9.13% of the company’s stock.

About Expedia Group

(Free Report)

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.

Featured Articles

Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

Receive News & Ratings for Expedia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia Group and related companies with MarketBeat.com's FREE daily email newsletter.