4,723 Expedia Group, Inc. $EXPE Shares Sold by Point Windward Advisors Inc.

Point Windward Advisors Inc. decreased its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 31.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,480 shares of the online travel company’s stock after selling 4,723 shares during the period. Point Windward Advisors Inc.’s holdings in Expedia Group were worth $2,760,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Independence Bank of Kentucky boosted its stake in Expedia Group by 0.6% during the second quarter. Independence Bank of Kentucky now owns 5,270 shares of the online travel company’s stock valued at $1,348,000 after buying an additional 32 shares during the last quarter. 71 West Capital Partners increased its stake in Expedia Group by 3.2% in the 3rd quarter. 71 West Capital Partners now owns 1,169 shares of the online travel company’s stock worth $308,000 after acquiring an additional 36 shares during the last quarter. Investment Research Partners LLC raised its holdings in shares of Expedia Group by 1.7% during the 3rd quarter. Investment Research Partners LLC now owns 2,205 shares of the online travel company’s stock worth $581,000 after acquiring an additional 37 shares in the last quarter. Western Financial Corp CA raised its holdings in shares of Expedia Group by 0.9% during the 3rd quarter. Western Financial Corp CA now owns 4,389 shares of the online travel company’s stock worth $1,156,000 after acquiring an additional 39 shares in the last quarter. Finally, Advisor Resource Council raised its holdings in shares of Expedia Group by 1.9% during the 3rd quarter. Advisor Resource Council now owns 2,278 shares of the online travel company’s stock worth $593,000 after acquiring an additional 43 shares in the last quarter. 90.76% of the stock is owned by institutional investors.

Insider Activity

In other Expedia Group news, CAO Lance Soliday sold 2,810 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $323.65, for a total transaction of $909,456.50. Following the completion of the transaction, the chief accounting officer owned 12,006 shares in the company, valued at $3,885,741.90. The trade was a 18.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Robert Dzielak sold 1,004 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $335.00, for a total value of $336,340.00. Following the transaction, the insider directly owned 104,331 shares in the company, valued at approximately $34,950,885. This represents a 0.95% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 5,814 shares of company stock valued at $1,906,796. 5.20% of the stock is owned by insiders.

Expedia Group Stock Up 0.5%

NASDAQ EXPE opened at $261.05 on Friday. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 1.62. The company has a fifty day moving average of $277.30 and a two-hundred day moving average of $259.18. The firm has a market capitalization of $31.33 billion, a price-to-earnings ratio of 14.44, a PEG ratio of 0.62 and a beta of 1.39. Expedia Group, Inc. has a 52 week low of $185.34 and a 52 week high of $342.00.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Wednesday, November 4th. The online travel company reported $9.39 EPS for the quarter, topping analysts’ consensus estimates of $8.85 by $0.54. The firm had revenue of $4.94 billion during 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%. The firm’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period in the previous year, the company earned $7.57 EPS. On average, analysts predict that Expedia Group, Inc. will post 17.37 earnings per share for the current year.

Expedia Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 18th will be paid a $0.48 dividend. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $1.92 annualized dividend and a yield of 0.7%. Expedia Group’s dividend payout ratio (DPR) is presently 11.21%.

Wall Street Analyst Weigh In

EXPE has been the subject of a number of recent research reports. Weiss Ratings lowered shares of Expedia Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday. Wall Street Zen downgraded shares of Expedia Group from a “buy” rating to a “hold” rating in a research note on Saturday, November 7th. Stifel Nicolaus set a $204.00 price target on shares of Expedia Group in a research note on Tuesday, November 3rd. The Goldman Sachs Group reiterated a “buy” rating and set a $320.00 price objective on shares of Expedia Group in a research report on Thursday, November 5th. Finally, BTIG Research reissued a “buy” rating and issued a $400.00 price objective on shares of Expedia Group in a research note on Thursday, November 5th. Fifteen analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $316.00.

About Expedia Group

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.