Expedia Group, Inc. $EXPE Holdings Raised by Inceptionr LLC

Inceptionr LLC boosted its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 61.8% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 5,134 shares of the online travel company’s stock after acquiring an additional 1,961 shares during the quarter. Inceptionr LLC’s holdings in Expedia Group were worth $1,185,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in EXPE. Norges Bank bought a new stake in Expedia Group during the fourth quarter worth approximately $861,979,000. Wellington Management Group LLP increased its position in shares of Expedia Group by 24,899.5% during the 3rd quarter. Wellington Management Group LLP now owns 1,808,466 shares of the online travel company’s stock valued at $386,560,000 after purchasing an additional 1,801,232 shares during the period. AQR Capital Management LLC raised its stake in shares of Expedia Group by 25.0% in the 3rd quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company’s stock worth $779,275,000 after buying an additional 728,063 shares in the last quarter. First Trust Advisors LP lifted its holdings in shares of Expedia Group by 104.1% in the first quarter. First Trust Advisors LP now owns 1,191,528 shares of the online travel company’s stock valued at $275,112,000 after buying an additional 607,698 shares during the period. Finally, Deutsche Bank AG boosted its stake in Expedia Group by 55.0% during the fourth quarter. Deutsche Bank AG now owns 1,286,093 shares of the online travel company’s stock valued at $364,363,000 after buying an additional 456,176 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Expedia Group

In related news, insider Robert J. Dzielak sold 4,702 shares of the stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $233.00, for a total value 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 represents a 4.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Lance A. Soliday sold 940 shares of Expedia Group stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total value of $208,548.40. Following the transaction, the chief accounting officer directly owned 14,083 shares in the company, valued at approximately $3,124,454.38. This trade represents a 6.26% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 5.20% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Wedbush started coverage on shares of Expedia Group in a research report on Thursday, July 16th. They issued an “outperform” rating and a $334.00 price target on the stock. Argus raised their price objective on shares of Expedia Group from $270.00 to $315.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. TD Cowen lifted their price objective on shares of Expedia Group from $260.00 to $285.00 and gave the stock a “hold” rating in a research note on Wednesday, April 22nd. Jefferies Financial Group boosted their target price on shares of Expedia Group from $300.00 to $310.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Finally, Citigroup reissued a “neutral” rating on shares of Expedia Group in a research note on Monday, May 18th. Seventeen investment analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Expedia Group currently has a consensus rating of “Hold” and a consensus price target of $288.64.

Expedia Group Trading Down 1.3%

Shares of EXPE opened at $257.61 on Friday. The business’s 50-day moving average price is $243.69 and its 200 day moving average price is $243.88. 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 stock has a market capitalization of $31.57 billion, a P/E ratio of 22.68, a P/E/G ratio of 0.69 and a beta of 1.23. Expedia Group, Inc. has a 1-year low of $174.05 and a 1-year high of $303.80.

Expedia Group (NASDAQ:EXPE) last announced its earnings results on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The company had revenue of $3.43 billion during the quarter, compared to analysts’ expectations of $3.35 billion. During the same period last year, the company posted $0.40 earnings per share. The business’s revenue for the quarter was up 14.7% on a year-over-year basis. Analysts expect that Expedia Group, Inc. will post 16.98 earnings per share 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 issued a $0.48 dividend. The ex-dividend date was Thursday, May 28th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.7%. Expedia Group’s dividend payout ratio is presently 16.90%.

Expedia Group Company Profile

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.