Lido Advisors LLC Sells 2,501 Shares of Expedia Group, Inc. $EXPE

Lido Advisors LLC reduced its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 43.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,223 shares of the online travel company’s stock after selling 2,501 shares during the quarter. Lido Advisors LLC’s holdings in Expedia Group were worth $744,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Motiv8 Investments LLC acquired a new position in Expedia Group during the fourth quarter valued at approximately $25,000. Entrust Financial LLC acquired a new stake in Expedia Group in the fourth quarter worth $26,000. Lodestone Wealth Management LLC bought a new position in shares of Expedia Group during the fourth quarter worth $29,000. Sunbelt Securities Inc. grew its holdings in shares of Expedia Group by 970.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock valued at $39,000 after buying an additional 165 shares during the period. Finally, DV Equities LLC bought a new stake in shares of Expedia Group in the 4th quarter valued at $46,000. 90.76% of the stock is owned by institutional investors.

Expedia Group Price Performance

EXPE stock opened at $304.27 on Thursday. The stock has a 50-day moving average price of $249.15 and a two-hundred day moving average price of $243.55. Expedia Group, Inc. has a 1 year low of $174.05 and a 1 year high of $312.40. The stock has a market cap of $37.29 billion, a PE ratio of 26.78, a price-to-earnings-growth ratio of 0.77 and a beta of 1.23. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.43.

Expedia Group (NASDAQ:EXPE) last issued its quarterly 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 company had revenue of $3.43 billion for 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%.The company’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.40 earnings per share. Equities analysts forecast that Expedia Group, Inc. will post 17.04 EPS for the current fiscal year.

Expedia Group Dividend Announcement

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

Insider Buying and Selling

In other news, 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 sale, the chief accounting officer directly 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. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Robert J. Dzielak sold 4,702 shares of the business’s stock in a transaction 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 in the company, valued at approximately $24,569,384. This represents a 4.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 5.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on EXPE. Dbs Bank raised Expedia Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, May 11th. Deutsche Bank Aktiengesellschaft lowered their price target on Expedia Group from $244.00 to $230.00 and set a “hold” rating for the company in a report on Monday, May 18th. UBS Group cut their price objective on Expedia Group from $266.00 to $262.00 and set a “neutral” rating on the stock in a report on Friday, May 8th. Susquehanna boosted their price objective on Expedia Group from $240.00 to $250.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Finally, Wall Street Zen raised Expedia Group from a “buy” rating to a “strong-buy” rating in a research note on Sunday, May 10th. Seventeen analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $288.64.

Expedia Group 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.