BayBridge Capital Group LLC raised its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE – Free Report) by 1.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,075 shares of the online travel company’s stock after acquiring an additional 161 shares during the quarter. BayBridge Capital Group LLC’s holdings in Expedia Group were worth $1,531,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of EXPE. McClarren Financial Advisors Inc. acquired a new position in shares of Expedia Group during the first quarter valued at $28,000. Atlas Capital Advisors Inc. acquired a new position in Expedia Group during the 1st quarter worth approximately $28,000. Park Square Financial Group LLC purchased a new stake in shares of Expedia Group during the first quarter worth $34,000. Zions Bancorporation National Association UT bought a new position in shares of Expedia Group during the first quarter valued at about $36,000. Finally, Larson Financial Group LLC raised its holdings in Expedia Group by 2,175.0% in the 1st quarter. Larson Financial Group LLC now owns 273 shares of the online travel company’s stock worth $46,000 after acquiring an additional 261 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on EXPE. Wall Street Zen raised shares of Expedia Group from a “hold” rating to a “buy” rating in a research report on Monday, July 28th. UBS Group lifted their target price on shares of Expedia Group from $182.00 to $209.00 and gave the company a “neutral” rating in a report on Friday, August 8th. Morgan Stanley boosted their price objective on shares of Expedia Group from $150.00 to $165.00 and gave the company an “equal weight” rating in a research report on Monday, July 21st. B. Riley upped their target price on shares of Expedia Group from $222.00 to $260.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Finally, Wells Fargo & Company restated a “positive” rating on shares of Expedia Group in a research report on Friday, August 8th. Three research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, seventeen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $207.77.
Insider Activity
In other news, CAO Lance A. Soliday sold 852 shares of the business’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total transaction of $175,409.76. Following the transaction, the chief accounting officer directly owned 12,036 shares in the company, valued at $2,477,971.68. The trade was a 6.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Robert J. Dzielak sold 3,306 shares of the stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $200.84, for a total value of $663,977.04. Following the completion of the transaction, the insider directly owned 77,075 shares in the company, valued at $15,479,743. This trade represents a 4.11% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,816 shares of company stock worth $2,009,132. 9.13% of the stock is currently owned by company insiders.
Expedia Group Trading Up 3.6%
NASDAQ EXPE opened at $222.87 on Friday. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. The company has a market cap of $27.57 billion, a PE ratio of 27.31, a PEG ratio of 1.17 and a beta of 1.57. The stock has a 50 day moving average of $206.11 and a 200-day moving average of $179.45. Expedia Group, Inc. has a 12 month low of $130.01 and a 12 month high of $229.00.
Expedia Group (NASDAQ:EXPE – Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.13 by $0.11. The company had revenue of $3.79 billion during the quarter, compared to the consensus estimate of $3.70 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The firm’s revenue was up 6.4% compared to the same quarter last year. During the same period last year, the company earned $3.51 earnings per share. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.
Expedia Group Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Thursday, August 28th. Expedia Group’s dividend payout ratio is presently 19.61%.
Expedia Group Profile
Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.
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