DNB Asset Management AS Raises Stock Holdings in Expedia Group, Inc. $EXPE

DNB Asset Management AS boosted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 6.5% in the second quarter, HoldingsChannel reports. The institutional investor owned 22,765 shares of the online travel company’s stock after acquiring an additional 1,399 shares during the quarter. DNB Asset Management AS’s holdings in Expedia Group were worth $3,840,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC bought a new position in shares of Expedia Group during the fourth quarter valued at about $408,000. Avantax Advisory Services Inc. increased its holdings in Expedia Group by 19.9% during the 1st quarter. Avantax Advisory Services Inc. now owns 4,351 shares of the online travel company’s stock valued at $731,000 after purchasing an additional 723 shares during the period. TD Asset Management Inc raised its position in Expedia Group by 41.7% during the 1st quarter. TD Asset Management Inc now owns 155,799 shares of the online travel company’s stock valued at $26,190,000 after purchasing an additional 45,813 shares during the last quarter. Empirical Finance LLC raised its position in Expedia Group by 3.2% during the 1st quarter. Empirical Finance LLC now owns 4,844 shares of the online travel company’s stock valued at $814,000 after purchasing an additional 151 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Expedia Group by 74.7% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 57,992 shares of the online travel company’s stock worth $9,748,000 after buying an additional 24,804 shares during the period. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Up 0.7%

NASDAQ:EXPE opened at $249.14 on Tuesday. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. The firm’s 50-day moving average price is $227.53 and its 200-day moving average price is $199.70. The company has a market capitalization of $30.53 billion, a PE ratio of 30.53, a P/E/G ratio of 1.15 and a beta of 1.58. Expedia Group, Inc. has a 1-year low of $130.01 and a 1-year high of $279.61.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, topping the consensus estimate of $7.10 by $0.47. The business had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.28 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. Expedia Group’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $6.13 earnings per share. Expedia Group has set its Q4 2025 guidance at EPS. FY 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 Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 19th will be paid a $0.40 dividend. The ex-dividend date is Wednesday, November 19th. This represents a $1.60 annualized dividend and a dividend yield of 0.6%. Expedia Group’s dividend payout ratio is presently 15.31%.

Analyst Ratings Changes

EXPE has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft boosted their target price on Expedia Group from $185.00 to $235.00 and gave the company a “hold” rating in a research note on Friday, November 7th. DA Davidson set a $294.00 price objective on shares of Expedia Group in a research report on Monday, November 17th. KeyCorp assumed coverage on shares of Expedia Group in a research report on Wednesday, October 22nd. They issued a “sector weight” rating for the company. JPMorgan Chase & Co. lifted their target price on shares of Expedia Group from $225.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, November 7th. Finally, Truist Financial set a $210.00 price target on shares of Expedia Group in a research note on Monday, October 27th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and twenty-four have given a Hold rating to the company’s stock. According to MarketBeat.com, Expedia Group currently has an average rating of “Hold” and an average price target of $265.31.

Insider Buying and Selling

In other news, CAO Lance A. Soliday sold 849 shares of the firm’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $248.08, for a total transaction of $210,619.92. Following the completion of the transaction, the chief accounting officer directly owned 11,662 shares in the company, valued at $2,893,108.96. This trade represents a 6.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $271.55, for a total value of $814,650.00. Following the completion of the transaction, the director directly owned 30,858 shares of the company’s stock, valued at approximately $8,379,489.90. This represents a 8.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 9.13% of the stock is owned by company 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.