Chicago Partners Investment Group LLC Makes New $726,000 Investment in Expedia Group, Inc. $EXPE

Chicago Partners Investment Group LLC purchased a new position in Expedia Group, Inc. (NASDAQ:EXPE) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,302 shares of the online travel company’s stock, valued at approximately $726,000.

A number of other hedge funds have also modified their holdings of EXPE. Brighton Jones LLC bought a new position in shares of Expedia Group in the fourth quarter worth approximately $408,000. GAMMA Investing LLC boosted its position in shares of Expedia Group by 8.5% in the first quarter. GAMMA Investing LLC now owns 2,102 shares of the online travel company’s stock worth $353,000 after purchasing an additional 165 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of Expedia Group by 18.7% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 31,604 shares of the online travel company’s stock worth $5,313,000 after purchasing an additional 4,987 shares during the period. GHP Investment Advisors Inc. boosted its position in shares of Expedia Group by 4.9% in the first quarter. GHP Investment Advisors Inc. now owns 18,382 shares of the online travel company’s stock worth $3,090,000 after purchasing an additional 865 shares during the period. Finally, Asset Management One Co. Ltd. boosted its position in shares of Expedia Group by 2.0% during the first quarter. Asset Management One Co. Ltd. now owns 50,050 shares of the online travel company’s stock worth $8,413,000 after acquiring an additional 974 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. TD Cowen upped their target price on shares of Expedia Group from $205.00 to $220.00 and gave the stock a “hold” rating in a research report on Tuesday. Wedbush upped their target price on shares of Expedia Group from $175.00 to $220.00 and gave the stock a “neutral” rating in a research report on Friday, August 8th. UBS Group upped their target price on shares of Expedia Group from $182.00 to $209.00 and gave the stock a “neutral” rating in a research report on Friday, August 8th. Cowen restated a “hold” rating on shares of Expedia Group in a research report on Friday, August 8th. Finally, DA Davidson upped their target price on shares of Expedia Group from $174.00 to $218.00 and gave the stock a “neutral” rating in a research report on Friday, August 8th. Three investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-one have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Expedia Group presently has a consensus rating of “Hold” and a consensus target price of $211.54.

Insider Activity

In other news, CAO Lance A. Soliday sold 852 shares of the stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total value of $175,409.76. Following the sale, the chief accounting officer owned 12,036 shares of the company’s stock, valued at approximately $2,477,971.68. This represents a 6.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Craig A. Jacobson sold 3,000 shares of the stock in a transaction on 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 directly owned 33,858 shares in the company, valued at approximately $7,035,015.24. This represents a 8.14% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,816 shares of company stock valued at $2,009,132. 9.13% of the stock is currently owned by company insiders.

Expedia Group Trading Up 3.6%

Shares of EXPE opened at $226.14 on Wednesday. Expedia Group, Inc. has a twelve month low of $130.01 and a twelve month high of $240.98. The company has a market cap of $27.98 billion, a P/E ratio of 27.71, a P/E/G ratio of 1.14 and a beta of 1.56. 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’s fifty day simple moving average is $216.41 and its 200-day simple moving average is $185.46.

Expedia Group (NASDAQ:EXPE) last announced its earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share 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 business had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.70 billion. During the same quarter in the prior year, the firm posted $3.51 earnings per share. The business’s revenue for the quarter was up 6.4% on a year-over-year basis. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Dividend Announcement

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

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.