Groupe la Francaise Purchases Shares of 2,162 Expedia Group, Inc. $EXPE

Groupe la Francaise acquired a new position in Expedia Group, Inc. (NASDAQ:EXPE) during the 2nd quarter, HoldingsChannel.com reports. The firm acquired 2,162 shares of the online travel company’s stock, valued at approximately $553,000.

Other institutional investors also recently bought and sold shares of the company. Motiv8 Investments LLC purchased a new position in Expedia Group in the 4th quarter worth approximately $25,000. Entrust Financial LLC bought a new position in shares of Expedia Group in the fourth quarter worth approximately $26,000. First Bancorp Inc ME purchased a new position in shares of Expedia Group in the second quarter worth $28,000. DV Equities LLC bought a new stake in Expedia Group during the 4th quarter valued at $46,000. Finally, Elevation Wealth Partners LLC grew its holdings in Expedia Group by 272.9% in the 2nd quarter. Elevation Wealth Partners LLC now owns 179 shares of the online travel company’s stock worth $46,000 after acquiring an additional 131 shares during the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Expedia Group

In related news, CAO Lance Soliday sold 2,810 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $323.65, for a total value of $909,456.50. Following the completion of the transaction, the chief accounting officer directly owned 12,006 shares in the company, valued at $3,885,741.90. The trade was a 18.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Craig Jacobson sold 3,133 shares of Expedia Group stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $328.52, for a total value of $1,029,253.16. Following the completion of the sale, the director directly owned 29,832 shares of the company’s stock, valued at approximately $9,800,408.64. The trade was a 9.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 11,950 shares of company stock valued at $3,881,995 over the last 90 days. Corporate insiders own 5.20% of the company’s stock.

Expedia Group Stock Down 7.9%

NASDAQ:EXPE opened at $274.55 on Wednesday. The company has a market capitalization of $32.95 billion, a PE ratio of 17.12, a P/E/G ratio of 0.73 and a beta of 1.25. The company has a debt-to-equity ratio of 2.21, a current ratio of 0.80 and a quick ratio of 0.80. Expedia Group, Inc. has a 1-year low of $185.34 and a 1-year high of $342.00. The firm’s 50-day moving average price is $295.87 and its 200-day moving average price is $255.31.

Expedia Group (NASDAQ:EXPE) last announced its earnings results on Wednesday, August 5th. The online travel company reported $5.76 earnings per share for the quarter, beating analysts’ consensus estimates of $5.22 by $0.54. Expedia Group had a net margin of 12.97% and a return on equity of 87.32%. The business had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.17 billion. During the same quarter last year, the firm earned $4.24 earnings per share. The business’s revenue for the quarter was up 14.0% on a year-over-year basis. On average, equities analysts predict that Expedia Group, Inc. will post 17.15 EPS for the current fiscal year.

Expedia Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, August 27th will be paid 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 is Thursday, August 27th. Expedia Group’s dividend payout ratio (DPR) is currently 11.97%.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Cantor Fitzgerald upped their price objective on shares of Expedia Group from $255.00 to $310.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. TD Cowen increased their price objective on Expedia Group from $285.00 to $320.00 and gave the stock a “hold” rating in a report on Friday, August 7th. Robert W. Baird set a $335.00 price objective on Expedia Group in a research report on Thursday, August 6th. Weiss Ratings upgraded Expedia Group from a “hold (c)” rating to a “buy (b-)” rating in a report on Friday, August 21st. Finally, Rosenblatt Securities started coverage on shares of Expedia Group in a report on Tuesday, September 1st. They issued a “neutral” rating and a $360.00 price target on the stock. Eighteen investment analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $318.71.

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.