Rare Wolf Capital LLC purchased a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,016 shares of the online travel company’s stock, valued at approximately $854,000.
Several other large investors have also added to or reduced their stakes in the company. Motiv8 Investments LLC acquired a new stake in shares of Expedia Group during the fourth quarter worth about $25,000. Entrust Financial LLC purchased a new stake in Expedia Group in the fourth quarter valued at approximately $26,000. JFS Wealth Advisors LLC increased its holdings in Expedia Group by 78.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after buying an additional 44 shares during the period. Lodestone Wealth Management LLC acquired a new position in Expedia Group in the 4th quarter worth approximately $29,000. Finally, Rossby Financial LCC raised its position in Expedia Group by 103.8% during the 3rd quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock worth $35,000 after buying an additional 82 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.
Expedia Group Stock Performance
NASDAQ EXPE opened at $240.90 on Friday. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current ratio of 0.73. The stock’s fifty day moving average is $235.11 and its two-hundred day moving average is $246.70. The firm has a market capitalization of $29.52 billion, a P/E ratio of 21.21, a price-to-earnings-growth ratio of 0.63 and a beta of 1.25. Expedia Group, Inc. has a fifty-two week low of $160.00 and a fifty-two week high of $303.80.
Expedia Group Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th were given a dividend of $0.48 per share. The ex-dividend date was Thursday, May 28th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.8%. Expedia Group’s dividend payout ratio (DPR) is currently 16.90%.
Wall Street Analyst Weigh In
EXPE has been the topic of several recent research reports. UBS Group dropped their price objective on shares of Expedia Group from $266.00 to $262.00 and set a “neutral” rating on the stock in a report on Friday, May 8th. Jefferies Financial Group raised shares of Expedia Group from a “hold” rating to a “buy” rating and raised their target price for the stock from $240.00 to $300.00 in a report on Monday, March 30th. Barclays boosted their target price on shares of Expedia Group from $260.00 to $264.00 and gave the company an “equal weight” rating in a research report on Monday, May 11th. Truist Financial lowered their price target on shares of Expedia Group from $252.00 to $246.00 and set a “hold” rating on the stock in a report on Monday, April 6th. Finally, Robert W. Baird set a $290.00 price target on Expedia Group in a research report on Friday, May 8th. Sixteen research analysts have rated the stock with a Buy rating and twenty-three have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $284.42.
Check Out Our Latest Report on Expedia Group
Insider Activity at Expedia Group
In related news, CAO Lance A. Soliday sold 940 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total transaction of $208,548.40. Following the completion of the transaction, the chief accounting officer owned 14,083 shares of the company’s stock, valued at approximately $3,124,454.38. This trade represents a 6.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Robert J. Dzielak sold 4,702 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $233.00, for a total value of $1,095,566.00. Following the completion of the sale, the insider directly owned 105,448 shares in the company, valued at approximately $24,569,384. The trade was a 4.27% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 5.20% of the company’s stock.
Expedia Group Profile
Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.
Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.
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