Expedia Group, Inc. $EXPE Shares Purchased by Edgestream Partners L.P.

Edgestream Partners L.P. increased its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 210.9% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 13,990 shares of the online travel company’s stock after acquiring an additional 9,490 shares during the period. Edgestream Partners L.P.’s holdings in Expedia Group were worth $3,230,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EXPE. Motiv8 Investments LLC purchased a new stake in Expedia Group in the fourth quarter valued at $25,000. Entrust Financial LLC purchased a new position in shares of Expedia Group during the 4th quarter worth $26,000. DV Equities LLC acquired a new stake in shares of Expedia Group during the 4th quarter worth about $46,000. Sunbelt Securities Inc. increased its position in shares of Expedia Group by 970.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock worth $39,000 after purchasing an additional 165 shares during the last quarter. Finally, American National Bank & Trust purchased a new stake in Expedia Group in the 4th quarter valued at about $52,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on EXPE. DA Davidson decreased their target price on shares of Expedia Group from $260.00 to $250.00 and set a “neutral” rating on the stock in a research report on Friday, May 15th. UBS Group lifted their price target on shares of Expedia Group from $262.00 to $322.00 and gave the company a “neutral” rating in a research report on Thursday. Gordon Haskett reduced their price target on shares of Expedia Group from $320.00 to $290.00 and set a “buy” rating on the stock in a research note on Wednesday, May 13th. Robert W. Baird upped their price objective on shares of Expedia Group from $290.00 to $294.00 and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. Finally, Jefferies Financial Group increased their price objective on shares of Expedia Group from $300.00 to $310.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. 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.com, Expedia Group currently has an average rating of “Hold” and an average price target of $290.76.

Insider Activity at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 940 shares of the firm’s 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 completion of the transaction, the chief accounting officer owned 14,083 shares of the company’s stock, valued at $3,124,454.38. This trade represents a 6.26% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 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 transaction, the insider owned 105,448 shares of the company’s stock, valued at approximately $24,569,384. This trade represents a 4.27% decrease in their position. The disclosure for this sale is available in the SEC filing. 5.20% of the stock is owned by corporate insiders.

Expedia Group Stock Performance

Shares of Expedia Group stock opened at $294.74 on Friday. The business has a 50-day moving average of $252.25 and a 200 day moving average of $243.89. Expedia Group, Inc. has a 12 month low of $174.05 and a 12 month high of $312.40. The stock has a market capitalization of $36.12 billion, a price-to-earnings ratio of 25.95, a price-to-earnings-growth ratio of 0.77 and a beta of 1.23. 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, topping 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 net margin of 9.81% and a return on equity of 84.33%. The business’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.40 earnings per share. As a group, sell-side analysts forecast that Expedia Group, Inc. will post 17.04 earnings per share for the current year.

Expedia Group Dividend Announcement

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

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.