Expedia Group, Inc. $EXPE Shares Sold by HB Wealth Management LLC

HB Wealth Management LLC decreased its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 79.9% during the 1st quarter, Holdings Channel.com reports. The firm owned 5,407 shares of the online travel company’s stock after selling 21,460 shares during the period. HB Wealth Management LLC’s holdings in Expedia Group were worth $1,248,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of EXPE. Motiv8 Investments LLC purchased a new position in shares of Expedia Group in the 4th quarter valued at about $25,000. Entrust Financial LLC purchased a new stake in shares of Expedia Group during the fourth quarter worth approximately $26,000. JFS Wealth Advisors LLC raised its holdings 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 valued at $28,000 after acquiring an additional 44 shares in the last quarter. Lodestone Wealth Management LLC acquired a new stake in Expedia Group in the fourth quarter valued at approximately $29,000. Finally, DV Equities LLC purchased a new position in Expedia Group in the fourth quarter worth approximately $46,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Activity at Expedia Group

In related news, CAO Lance A. Soliday sold 940 shares of the business’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 sale, the chief accounting officer owned 14,083 shares of the company’s stock, valued at approximately $3,124,454.38. The trade was a 6.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Robert J. Dzielak sold 4,702 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the completion of the transaction, the insider directly owned 105,448 shares of the company’s stock, valued at approximately $24,569,384. This trade represents a 4.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 5.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on EXPE shares. Weiss Ratings cut shares of Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Wells Fargo & Company lowered their target price on shares of Expedia Group from $307.00 to $303.00 and set an “equal weight” rating for the company in a research note on Tuesday, June 30th. Sanford C. Bernstein dropped their target price on Expedia Group from $256.00 to $253.00 and set a “market perform” rating on the stock in a report on Wednesday, March 11th. Robert W. Baird set a $290.00 price target on Expedia Group in a report on Friday, May 8th. Finally, Citic Securities lowered their price objective on Expedia Group from $337.00 to $320.00 and set a “buy” rating for the company in a research report on Friday, May 15th. Sixteen equities research analysts have rated the stock with a Buy rating and twenty-three have given a Hold rating to the stock. According to data from MarketBeat, Expedia Group currently has an average rating of “Hold” and a consensus price target of $286.27.

Expedia Group Stock Performance

Shares of EXPE stock opened at $269.87 on Wednesday. The stock’s 50-day moving average is $236.81 and its two-hundred day moving average is $245.63. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group, Inc. has a 1 year low of $174.05 and a 1 year high of $303.80. The firm has a market cap of $33.07 billion, a price-to-earnings ratio of 23.76, a PEG ratio of 0.70 and a beta of 1.23.

Expedia Group (NASDAQ:EXPE) last announced its 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. The firm had revenue of $3.43 billion during the quarter, compared to analysts’ expectations of $3.35 billion. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The business’s revenue was up 14.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.40 EPS. Analysts predict that Expedia Group, Inc. will post 16.98 earnings per share for the current year.

Expedia Group Dividend Announcement

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