Rare Wolf Capital LLC purchased a new position in Expedia Group, Inc. (NASDAQ:EXPE – Free Report) in the 4th quarter, HoldingsChannel reports. The fund purchased 3,016 shares of the online travel company’s stock, valued at approximately $854,000.
A number of other large investors have also modified their holdings of EXPE. Motiv8 Investments LLC acquired a new stake in Expedia Group in the 4th quarter valued at about $25,000. Entrust Financial LLC acquired a new position in shares of Expedia Group during the fourth quarter worth about $26,000. JFS Wealth Advisors LLC grew its position in shares of Expedia Group by 78.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after buying an additional 44 shares in the last quarter. Lodestone Wealth Management LLC purchased a new stake in shares of Expedia Group during the fourth quarter worth approximately $29,000. Finally, Rossby Financial LCC increased its stake in shares of Expedia Group by 103.8% during the third quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock worth $35,000 after buying an additional 82 shares during the period. Hedge funds and other institutional investors own 90.76% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on the stock. Dbs Bank upgraded shares of Expedia Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, May 11th. Sanford C. Bernstein dropped their price objective on shares of Expedia Group from $256.00 to $253.00 and set a “market perform” rating on the stock in a research report on Wednesday, March 11th. TD Cowen raised their price objective on shares of Expedia Group from $260.00 to $285.00 and gave the company a “hold” rating in a report on Wednesday, April 22nd. Piper Sandler lifted their price objective on shares of Expedia Group from $225.00 to $245.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Expedia Group from $244.00 to $230.00 and set a “hold” rating for the company in a research note on Monday, May 18th. Sixteen analysts have rated the stock with a Buy rating and twenty-three have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $284.42.
Insider Transactions at Expedia Group
In other Expedia Group news, insider Robert J. Dzielak sold 4,702 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the completion of the sale, the insider directly owned 105,448 shares of the company’s stock, valued at approximately $24,569,384. This trade represents a 4.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Lance A. Soliday sold 940 shares of Expedia Group stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total value of $208,548.40. Following the completion of the transaction, the chief accounting officer owned 14,083 shares in the company, valued at $3,124,454.38. This trade represents a 6.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 5.20% of the company’s stock.
Expedia Group Price Performance
EXPE stock opened at $240.90 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.43. The company has a market capitalization of $29.52 billion, a P/E ratio of 21.21, a PEG ratio of 0.63 and a beta of 1.25. The business has a 50 day simple moving average of $235.11 and a 200-day simple moving average of $246.70. Expedia Group, Inc. has a twelve month low of $160.00 and a twelve month high of $303.80.
Expedia Group (NASDAQ:EXPE – Get Free Report) last announced its earnings results on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.55. The business had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $3.35 billion. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The company’s quarterly revenue was up 14.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.40 EPS. As a group, equities analysts anticipate that Expedia Group, Inc. will post 17.07 EPS for the current year.
Expedia Group Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, May 28th were paid a dividend of $0.48 per share. The ex-dividend date was Thursday, May 28th. This represents a $1.92 annualized dividend and a dividend yield of 0.8%. Expedia Group’s dividend payout ratio is 16.90%.
About Expedia Group
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.
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