51,537 Shares in Expedia Group, Inc. $EXPE Purchased by M&G PLC

M&G PLC bought a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the 3rd quarter, Holdings Channel.com reports. The fund bought 51,537 shares of the online travel company’s stock, valued at approximately $13,554,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. AlphaCore Capital LLC raised its holdings in Expedia Group by 138.9% in the 3rd quarter. AlphaCore Capital LLC now owns 3,209 shares of the online travel company’s stock valued at $845,000 after acquiring an additional 1,866 shares in the last quarter. Fulcrum Asset Management LLP lifted its position in shares of Expedia Group by 2,496.0% during the 3rd quarter. Fulcrum Asset Management LLP now owns 1,298 shares of the online travel company’s stock valued at $346,000 after acquiring an additional 1,248 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in shares of Expedia Group by 12.8% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 47,152 shares of the online travel company’s stock worth $12,385,000 after purchasing an additional 5,363 shares in the last quarter. Hohimer Wealth Management LLC grew its holdings in shares of Expedia Group by 34.9% during the 3rd quarter. Hohimer Wealth Management LLC now owns 23,183 shares of the online travel company’s stock worth $6,105,000 after purchasing an additional 6,001 shares in the last quarter. Finally, University of Texas Texas AM Investment Management Co. grew its holdings in shares of Expedia Group by 18.0% during the 3rd quarter. University of Texas Texas AM Investment Management Co. now owns 453 shares of the online travel company’s stock worth $119,000 after purchasing an additional 69 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently commented on EXPE. Royal Bank Of Canada boosted their price target on Expedia Group from $290.00 to $330.00 and gave the company a “sector perform” rating in a research note on Thursday, August 6th. Stifel Nicolaus set a $204.00 price objective on shares of Expedia Group in a research report on Tuesday, November 3rd. Susquehanna decreased their target price on shares of Expedia Group from $315.00 to $310.00 and set a “neutral” rating on the stock in a report on Friday, November 6th. Evercore reaffirmed an “outperform” rating on shares of Expedia Group in a report on Thursday, November 5th. Finally, TD Cowen raised Expedia Group to a “hold” rating in a research note on Monday, September 14th. Fifteen research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Expedia Group currently has an average rating of “Hold” and an average price target of $316.45.

Trending Headlines about Expedia Group

Here are the key news stories impacting Expedia Group this week:

• Positive Sentiment: Expedia’s recent $676 million in deals points to increased business-to-business activity, which may support growth beyond its consumer booking business. Expedia’s $676 Million in Deals Points to More B2B Buying
• Positive Sentiment: Jefferies maintained a Buy rating despite lowering its price target to $325 from $350, suggesting the analyst still sees upside. Jefferies Financial Group stock recommendations
• Neutral Sentiment: Expedia has launched its Muse offering, though its AI capabilities are currently focused within its own apps; the report highlights that its AI gains remain internal rather than broadly distributed. Expedia Goes Live on Muse, but Its AI Wins Are Inside Its Own Apps
• Neutral Sentiment: A report notes Expedia pays out only 11% of profits as dividends and directs substantial capital to buybacks, but it does not announce a dividend increase. Expedia Uses Just 11% of Its Profits for Dividends
• Negative Sentiment: Online travel agency shares declined after OpenAI acquired travel startup Odessia, raising concern that AI-enabled trip planning and booking could challenge established platforms such as Expedia. Online Travel Agencies’ Shares Drop Following OpenAI Acquisition of Travel Startup Odessia

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $253.77 on Wednesday. The firm has a market cap of $30.46 billion, a PE ratio of 14.41, a price-to-earnings-growth ratio of 0.62 and a beta of 1.39. The firm’s fifty day moving average is $279.13 and its 200-day moving average is $259.28. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.77 and a current ratio of 0.77. Expedia Group, Inc. has a 52 week low of $185.34 and a 52 week high of $342.00.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Wednesday, November 4th. The online travel company reported $9.39 earnings per share for the quarter, topping the consensus estimate of $8.85 by $0.54. The company had revenue of $4.94 billion for the quarter, compared to analysts’ expectations of $4.73 billion. Expedia Group had a net margin of 12.98% and a return on equity of 91.03%. Expedia Group’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $7.57 earnings per share. Sell-side analysts predict that Expedia Group, Inc. will post 17.37 earnings per share for the current year.

Expedia Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 18th will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $1.92 annualized dividend and a yield of 0.8%. Expedia Group’s payout ratio is presently 11.21%.

Insiders Place Their Bets

In other Expedia Group news, Director Craig Jacobson sold 3,133 shares of the company’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $328.52, for a total value of $1,029,253.16. Following the sale, the director owned 29,832 shares in the company, valued at approximately $9,800,408.64. The trade was a 9.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Robert Dzielak sold 2,000 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $330.50, for a total value of $661,000.00. Following the completion of the sale, the insider owned 105,335 shares in the company, valued at $34,813,217.50. This trade represents a 1.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 8,947 shares of company stock valued at $2,936,050. 5.20% of the stock is currently owned by company insiders.

Expedia Group Profile

Expedia Group, Inc. is an online travel company that connects travelers with lodging, flights, rental cars, cruises, vacation packages and activities. Its consumer-facing brands include Expedia, Hotels.com and Vrbo, which specializes in vacation rentals. The company also provides travel technology and booking services to business partners. Founded in 1996 as a division of Microsoft, Expedia became an independent public company in 1999. It serves travelers and lodging partners in markets around the world through its websites and mobile apps.