Expedia Group, Inc. $EXPE Shares Sold by Fideuram Intesa Sanpaolo Private Banking S.P.A.

Fideuram Intesa Sanpaolo Private Banking S.P.A. cut its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 75.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,602 shares of the online travel company’s stock after selling 8,153 shares during the quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in Expedia Group were worth $601,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Motiv8 Investments LLC bought a new stake in shares of Expedia Group in the 4th quarter worth approximately $25,000. Entrust Financial LLC bought a new position in Expedia Group during the 4th quarter worth $26,000. JFS Wealth Advisors LLC increased its position in Expedia Group by 78.6% in the fourth quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after buying an additional 44 shares during the period. Lodestone Wealth Management LLC bought a new stake in Expedia Group in the fourth quarter valued at $29,000. Finally, DV Equities LLC bought a new stake in Expedia Group in the fourth quarter valued at $46,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on EXPE. Wall Street Zen upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 10th. DA Davidson reduced their target price on shares of Expedia Group from $260.00 to $250.00 and set a “neutral” rating for the company in a research note on Friday, May 15th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Expedia Group from $244.00 to $230.00 and set a “hold” rating for the company in a research report on Monday, May 18th. Morgan Stanley raised their price target on shares of Expedia Group from $270.00 to $290.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 28th. Finally, Dbs Bank raised Expedia Group from a “hold” rating to a “moderate buy” rating in a report on Monday, May 11th. Sixteen analysts have rated the stock with a Buy rating and twenty-three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $284.30.

Insider Transactions at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 4,702 shares of the business’s stock in a transaction dated 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 sale, 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 can be accessed through this hyperlink. Also, CAO Lance A. Soliday sold 940 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total transaction of $208,548.40. Following the completion of the sale, the chief accounting officer directly owned 14,083 shares of the company’s stock, valued at $3,124,454.38. The trade was a 6.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 5.20% of the stock is owned by insiders.

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $268.69 on Friday. Expedia Group, Inc. has a 12 month low of $171.27 and a 12 month high of $303.80. The stock has a market cap of $32.93 billion, a price-to-earnings ratio of 23.65, a PEG ratio of 0.71 and a beta of 1.23. The stock’s 50 day moving average price is $236.11 and its 200 day moving average price is $246.11. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.73 and a quick ratio of 0.73.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.55. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The firm had revenue of $3.43 billion during the quarter, compared to analyst estimates of $3.35 billion. During the same period last year, the company posted $0.40 EPS. The firm’s quarterly revenue was up 14.7% on a year-over-year basis. Equities research analysts anticipate that Expedia Group, Inc. will post 16.98 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, May 28th were issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, May 28th. Expedia Group’s payout ratio is presently 16.90%.

About Expedia Group

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.