Private Trust Co. NA lowered its position in shares of Expedia Group, Inc. (NASDAQ:EXPE – Free Report) by 86.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 302 shares of the online travel company’s stock after selling 1,942 shares during the quarter. Private Trust Co. NA’s holdings in Expedia Group were worth $51,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of EXPE. McClarren Financial Advisors Inc. bought a new position in Expedia Group during the first quarter valued at about $28,000. Atlas Capital Advisors Inc. purchased a new position in Expedia Group in the 1st quarter worth about $28,000. GFG Capital LLC purchased a new position in Expedia Group in the 2nd quarter worth about $29,000. Trust Co. of Toledo NA OH acquired a new stake in Expedia Group during the 2nd quarter worth about $31,000. Finally, Park Square Financial Group LLC purchased a new stake in Expedia Group during the first quarter valued at about $34,000. Institutional investors own 90.76% of the company’s stock.
Expedia Group Trading Down 4.7%
Shares of NASDAQ EXPE opened at $215.65 on Friday. Expedia Group, Inc. has a one year low of $130.01 and a one year high of $240.98. The firm has a market capitalization of $26.68 billion, a PE ratio of 26.43, a PEG ratio of 1.18 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 business has a 50-day moving average price of $216.91 and a two-hundred day moving average price of $186.26.
Expedia Group Dividend Announcement
The company also recently declared 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. The ex-dividend date of this dividend was Thursday, August 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.7%. Expedia Group’s dividend payout ratio (DPR) is 19.61%.
Insider Transactions at Expedia Group
In other news, CAO Lance A. Soliday sold 852 shares of the firm’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total transaction of $175,409.76. Following the completion of the sale, the chief accounting officer directly owned 12,036 shares of the company’s stock, valued at $2,477,971.68. This trade represents a 6.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Robert J. Dzielak sold 2,658 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total value 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. This trade represents 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 valued at $2,009,132 in the last three months. Corporate insiders own 9.13% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on the stock. Piper Sandler lifted their target price on shares of Expedia Group from $135.00 to $190.00 and gave the stock an “underweight” rating in a research report on Friday, August 8th. Wells Fargo & Company raised their price objective on shares of Expedia Group from $211.00 to $212.00 and gave the stock an “equal weight” rating in a research note on Monday, October 6th. Morgan Stanley boosted their target price on shares of Expedia Group from $150.00 to $165.00 and gave the company an “equal weight” rating in a research note on Monday, July 21st. KeyCorp initiated coverage on Expedia Group in a report on Wednesday. They issued a “sector weight” rating for the company. Finally, TD Cowen lifted their price target on Expedia Group from $205.00 to $220.00 and gave the company a “hold” rating in a report on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $211.89.
View Our Latest Stock Report on Expedia Group
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.
Read More
- Five stocks we like better than Expedia Group
- What Does a Stock Split Mean?
- Warner Bros. Bidding War Potential: How High Could WBD Shares Go?
- What is an Earnings Surprise?
- Analysts Eye 30% Upside in Netflix After Q3 Earnings Crash
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- O’Reilly Automotive’s Stock Price Uptrend Will Continue in 2026
Want to see what other hedge funds are holding EXPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Expedia Group, Inc. (NASDAQ:EXPE – Free Report).
Receive News & Ratings for Expedia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia Group and related companies with MarketBeat.com's FREE daily email newsletter.
