Bull Harbor Capital LLC Takes Position in Expedia Group, Inc. $EXPE

Bull Harbor Capital LLC purchased a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 4,582 shares of the online travel company’s stock, valued at approximately $1,058,000.

Other hedge funds also recently modified their holdings of the company. Corient Private Wealth LLC boosted its holdings in shares of Expedia Group by 17.8% in the fourth quarter. Corient Private Wealth LLC now owns 61,211 shares of the online travel company’s stock worth $17,344,000 after acquiring an additional 9,256 shares during the period. Monument Capital Management purchased a new position in shares of Expedia Group in the fourth quarter valued at $2,781,000. Lmcg Investments LLC raised its stake in shares of Expedia Group by 276.0% during the 4th quarter. Lmcg Investments LLC now owns 9,655 shares of the online travel company’s stock valued at $2,735,000 after purchasing an additional 7,087 shares during the period. North Dakota State Investment Board bought a new stake in shares of Expedia Group during the 4th quarter valued at $3,027,000. Finally, Norges Bank purchased a new stake in Expedia Group during the 4th quarter worth about $861,979,000. Institutional investors own 90.76% of the company’s stock.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $304.27 on Thursday. The stock’s 50-day simple moving average is $249.15 and its two-hundred day simple moving average is $243.55. Expedia Group, Inc. has a twelve month low of $174.05 and a twelve month high of $312.40. The firm has a market capitalization of $37.29 billion, a P/E ratio of 26.78, a P/E/G ratio of 0.77 and a beta of 1.23. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data 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. The company had revenue of $3.43 billion during the quarter, compared to analyst estimates of $3.35 billion. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.Expedia Group’s revenue was up 14.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.40 earnings per share. As a group, equities analysts anticipate that Expedia Group, Inc. will post 17.04 EPS for the current fiscal year.

Expedia Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th were paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Thursday, May 28th. Expedia Group’s payout ratio is currently 16.90%.

Analyst Upgrades and Downgrades

Several brokerages have commented on EXPE. B. Riley Financial cut their target price on Expedia Group from $360.00 to $350.00 and set a “buy” rating for the company in a research note on Monday, April 27th. Piper Sandler increased their price target on shares of Expedia Group from $225.00 to $245.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Barclays increased their price target on shares of Expedia Group from $260.00 to $264.00 and gave the stock an “equal weight” rating in a report on Monday, May 11th. Robert W. Baird boosted their price objective on shares of Expedia Group from $290.00 to $294.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and set a $255.00 price objective on shares of Expedia Group in a research note on Monday, July 20th. Seventeen equities research analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $288.64.

Insider Buying and Selling

In related news, insider Robert J. Dzielak sold 4,702 shares of the company’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $233.00, for a total value of $1,095,566.00. Following the completion of the transaction, the insider directly owned 105,448 shares in the company, valued at approximately $24,569,384. The trade was a 4.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Lance A. Soliday sold 940 shares of the stock in a transaction 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 directly owned 14,083 shares in the company, valued at approximately $3,124,454.38. This represents a 6.26% decrease in their position. The SEC filing for this sale provides additional information. 5.20% of the stock is owned by insiders.

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.