Prime Capital Investment Advisors LLC Sells 607 Shares of Expedia Group, Inc. $EXPE

Prime Capital Investment Advisors LLC trimmed its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 22.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,115 shares of the online travel company’s stock after selling 607 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Expedia Group were worth $357,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EXPE. McClarren Financial Advisors Inc. bought a new position in shares of Expedia Group during the first quarter worth $28,000. Atlas Capital Advisors Inc. bought a new position in shares of Expedia Group during the first quarter worth $28,000. Park Square Financial Group LLC bought a new position 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 worth $36,000. Finally, First Pacific Financial boosted its position in shares of Expedia Group by 60.0% during the second quarter. First Pacific Financial now owns 240 shares of the online travel company’s stock worth $40,000 after purchasing an additional 90 shares in the last quarter. 90.76% of the stock is owned by institutional investors.

Expedia Group Stock Down 3.0%

Shares of EXPE stock opened at $210.33 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. Expedia Group, Inc. has a 1 year low of $130.01 and a 1 year high of $240.98. The firm’s fifty day moving average price is $212.42 and its two-hundred day moving average price is $182.72. The firm has a market capitalization of $26.02 billion, a P/E ratio of 25.78, a PEG ratio of 1.10 and a beta of 1.56.

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

Expedia Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, August 28th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, August 28th. This represents a $1.60 annualized dividend and a dividend yield of 0.8%. Expedia Group’s payout ratio is presently 19.61%.

Wall Street Analysts Forecast Growth

EXPE has been the topic of a number of recent analyst reports. B. Riley lifted their price target on shares of Expedia Group from $222.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Wells Fargo & Company boosted their price objective on shares of Expedia Group from $211.00 to $212.00 and gave the company an “equal weight” rating in a research report on Monday, October 6th. UBS Group boosted their price objective on shares of Expedia Group from $182.00 to $209.00 and gave the company a “neutral” rating in a research report on Friday, August 8th. DA Davidson boosted their price objective on shares of Expedia Group from $174.00 to $218.00 and gave the company a “neutral” rating in a research report on Friday, August 8th. Finally, Wall Street Zen raised shares of Expedia Group from a “hold” rating to a “buy” rating in a research report on Monday, July 28th. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Expedia Group presently has an average rating of “Hold” and an average price target of $209.00.

Insider Buying and Selling

In related news, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total transaction of $623,340.00. Following the completion of the sale, the director owned 33,858 shares of the company’s stock, valued at approximately $7,035,015.24. The trade was a 8.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible 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 stock was sold at an average price of $205.57, for a total transaction of $546,405.06. Following the sale, the insider directly owned 74,417 shares of the company’s stock, valued at $15,297,902.69. The trade was a 3.45% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 9,816 shares of company stock valued at $2,009,132. Company insiders own 9.13% of the company’s stock.

About Expedia Group

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.