Columbia Asset Management Sells 250 Shares of Expedia Group, Inc. $EXPE

Columbia Asset Management lowered its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 3.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,100 shares of the online travel company’s stock after selling 250 shares during the period. Columbia Asset Management’s holdings in Expedia Group were worth $1,029,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Expedia Group by 2.7% during the first quarter. Vanguard Group Inc. now owns 15,201,811 shares of the online travel company’s stock valued at $2,555,424,000 after buying an additional 394,147 shares during the last quarter. Alkeon Capital Management LLC grew its holdings in shares of Expedia Group by 20.2% in the first quarter. Alkeon Capital Management LLC now owns 2,375,276 shares of the online travel company’s stock valued at $399,284,000 after purchasing an additional 398,804 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Expedia Group by 174.0% in the first quarter. AQR Capital Management LLC now owns 1,444,283 shares of the online travel company’s stock valued at $235,592,000 after purchasing an additional 917,192 shares in the last quarter. Nuveen LLC purchased a new position in shares of Expedia Group in the first quarter valued at $227,174,000. Finally, Northern Trust Corp grew its holdings in shares of Expedia Group by 4.4% in the first quarter. Northern Trust Corp now owns 1,331,482 shares of the online travel company’s stock valued at $223,822,000 after purchasing an additional 55,575 shares in the last quarter. Institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Down 3.1%

Shares of EXPE opened at $213.75 on Wednesday. The firm has a market capitalization of $26.45 billion, a P/E ratio of 26.19, a P/E/G ratio of 1.16 and a beta of 1.57. Expedia Group, Inc. has a 12-month low of $130.01 and a 12-month high of $229.00. 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 firm has a fifty day moving average price of $207.30 and a 200-day moving average price of $180.25.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.13 by $0.11. The firm had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.70 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The business’s revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the firm earned $3.51 earnings per share. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, August 28th. Expedia Group’s payout ratio is currently 19.61%.

Analyst Ratings Changes

A number of research analysts recently weighed in on EXPE shares. Royal Bank Of Canada raised their target price on shares of Expedia Group from $180.00 to $200.00 and gave the company a “sector perform” rating in a report on Friday, August 8th. Susquehanna lifted their price objective on shares of Expedia Group from $175.00 to $200.00 and gave the stock a “neutral” rating in a research note on Monday, August 11th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $200.00 price objective on shares of Expedia Group in a research note on Wednesday, July 23rd. BTIG Research reaffirmed a “buy” rating and set a $250.00 price objective on shares of Expedia Group in a research note on Tuesday, September 9th. Finally, Citigroup lifted their price objective on shares of Expedia Group from $177.00 to $206.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $208.96.

Insider Activity at Expedia Group

In related news, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total value of $623,340.00. Following the completion of the sale, the director directly owned 33,858 shares in the company, valued at $7,035,015.24. The trade was a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Robert J. Dzielak sold 2,658 shares of Expedia Group stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $205.57, for a total value of $546,405.06. Following the completion of the sale, the insider owned 74,417 shares of the company’s stock, valued at $15,297,902.69. The trade was a 3.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,816 shares of company stock worth $2,009,132 over the last three months. 9.13% of the stock is owned by corporate insiders.

Expedia Group Company 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.