waypoint wealth counsel Purchases Shares of 2,271 Expedia Group, Inc. $EXPE

waypoint wealth counsel bought a new position in Expedia Group, Inc. (NASDAQ:EXPE) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,271 shares of the online travel company’s stock, valued at approximately $383,000.

Several other large investors have also made changes to their positions in EXPE. Hunter Associates Investment Management LLC grew its holdings in shares of Expedia Group by 10.2% during the first quarter. Hunter Associates Investment Management LLC now owns 29,950 shares of the online travel company’s stock worth $5,051,000 after purchasing an additional 2,776 shares during the last quarter. OMNI 360 Wealth Inc. bought a new stake in shares of Expedia Group during the second quarter valued at approximately $325,000. Praxis Investment Management Inc. grew its stake in shares of Expedia Group by 63.5% during the first quarter. Praxis Investment Management Inc. now owns 4,610 shares of the online travel company’s stock valued at $775,000 after purchasing an additional 1,790 shares during the last quarter. Korea Investment CORP grew its stake in shares of Expedia Group by 55.1% during the first quarter. Korea Investment CORP now owns 177,934 shares of the online travel company’s stock valued at $29,911,000 after purchasing an additional 63,244 shares during the last quarter. Finally, Monument Capital Management bought a new stake in shares of Expedia Group during the first quarter valued at approximately $2,261,000. Institutional investors own 90.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on EXPE shares. Barclays lifted their target price on Expedia Group from $190.00 to $197.00 and gave the company an “equal weight” rating in a research note on Friday, August 8th. Mizuho initiated coverage on Expedia Group in a report on Tuesday, September 30th. They issued a “neutral” rating and a $240.00 price target on the stock. Cantor Fitzgerald reiterated a “neutral” rating and issued a $200.00 price target on shares of Expedia Group in a report on Wednesday, July 23rd. Truist Financial reduced their target price on shares of Expedia Group from $175.00 to $168.00 and set a “hold” rating on the stock in a research note on Tuesday, June 24th. Finally, Cowen reissued a “hold” rating on shares of Expedia Group in a research note on Friday, August 8th. Three analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Expedia Group currently has an average rating of “Hold” and a consensus target price of $209.00.

Insider Activity

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total value of $623,340.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Robert J. Dzielak sold 3,306 shares of the business’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $200.84, for a total transaction of $663,977.04. Following the completion of the sale, the insider directly owned 77,075 shares in the company, valued at $15,479,743. This represents a 4.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 9,816 shares of company stock worth $2,009,132 in the last 90 days. Corporate insiders own 9.13% of the company’s stock.

Expedia Group Trading Down 3.0%

Shares of NASDAQ EXPE opened at $210.33 on Friday. The company’s fifty day moving average is $212.42 and its 200-day moving average is $182.72. The stock has a market cap of $26.02 billion, a price-to-earnings ratio of 25.78, a P/E/G ratio of 1.10 and a beta of 1.56. Expedia Group, Inc. has a twelve month low of $130.01 and a twelve month high of $240.98. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14.

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

Expedia Group Dividend Announcement

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

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.