Vestor Capital LLC reduced its stake in Expedia Group, Inc. (NASDAQ:EXPE – Free Report) by 91.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 253 shares of the online travel company’s stock after selling 2,630 shares during the period. Vestor Capital LLC’s holdings in Expedia Group were worth $58,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also added to or reduced their stakes in EXPE. Motiv8 Investments LLC bought a new position in Expedia Group during the 4th quarter worth $25,000. Entrust Financial LLC bought a new stake in shares of Expedia Group during the 4th quarter valued at $26,000. DV Equities LLC bought a new stake in shares of Expedia Group during the 4th quarter valued at $46,000. Sunbelt Securities Inc. grew its holdings 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 in the last quarter. Finally, American National Bank & Trust acquired a new stake in shares of Expedia Group during the 4th quarter worth $52,000. Institutional investors and hedge funds own 90.76% of the company’s stock.
Insider Buying and Selling
In related news, insider Robert J. Dzielak sold 4,702 shares of Expedia Group stock in a transaction that occurred on 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 sale, the insider directly owned 105,448 shares of the company’s stock, valued at approximately $24,569,384. The trade was a 4.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Lance A. Soliday sold 940 shares of Expedia Group stock in a transaction that occurred on 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 directly owned 14,083 shares in the company, valued at $3,124,454.38. This trade represents a 6.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 5.20% of the company’s stock.
Wall Street Analyst Weigh In
Read Our Latest Report on EXPE
Expedia Group Price Performance
Shares of EXPE stock opened at $294.74 on Friday. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43. Expedia Group, Inc. has a twelve month low of $174.05 and a twelve month high of $312.40. The company has a market cap of $36.12 billion, a P/E ratio of 25.95, a P/E/G ratio of 0.77 and a beta of 1.23. The business has a fifty day simple moving average of $252.25 and a 200 day simple moving average of $243.89.
Expedia Group (NASDAQ:EXPE – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.55. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The business had revenue of $3.43 billion for the quarter, compared to analyst estimates of $3.35 billion. During the same period last year, the firm posted $0.40 earnings per share. Expedia Group’s revenue was up 14.7% compared to the same quarter last year. On average, sell-side analysts forecast that Expedia Group, Inc. will post 17.04 EPS for the current fiscal year.
Expedia Group Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, May 28th were paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Thursday, May 28th. Expedia Group’s dividend payout ratio (DPR) is presently 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.
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