Vestor Capital LLC reduced its position in shares of Expedia Group, Inc. (NASDAQ:EXPE – Free Report) by 91.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 253 shares of the online travel company’s stock after selling 2,630 shares during the quarter. Vestor Capital LLC’s holdings in Expedia Group were worth $58,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Motiv8 Investments LLC acquired a new position in shares of Expedia Group during the 4th quarter worth about $25,000. Entrust Financial LLC bought a new stake in shares of Expedia Group in the 4th quarter valued at about $26,000. DV Equities LLC acquired a new stake in Expedia Group in the 4th quarter valued at about $46,000. Sunbelt Securities Inc. lifted its stake in Expedia Group by 970.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock valued at $39,000 after purchasing an additional 165 shares during the last quarter. Finally, American National Bank & Trust bought a new position in Expedia Group during the fourth quarter worth about $52,000. Institutional investors and hedge funds own 90.76% of the company’s stock.
Expedia Group Trading Up 0.6%
Shares of NASDAQ:EXPE opened at $294.74 on Friday. Expedia Group, Inc. has a 12-month low of $174.05 and a 12-month high of $312.40. The stock has a market cap of $36.12 billion, a PE ratio of 25.95, a P/E/G ratio of 0.77 and a beta of 1.23. The business has a 50 day moving average of $252.25 and a 200-day moving average of $243.89. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43.
Expedia Group Dividend Announcement
The company also recently disclosed 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 annualized dividend and a yield of 0.7%. Expedia Group’s dividend payout ratio (DPR) is presently 16.90%.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on EXPE. Wall Street Zen raised Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 10th. Piper Sandler lifted their target price on Expedia Group from $225.00 to $245.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Wedbush started coverage on Expedia Group in a report on Thursday, July 16th. They set an “outperform” rating and a $334.00 target price on the stock. DA Davidson dropped their price target on Expedia Group from $260.00 to $250.00 and set a “neutral” rating on the stock in a research note on Friday, May 15th. Finally, TD Cowen raised their price target on Expedia Group from $260.00 to $285.00 and gave the company a “hold” rating in a report on Wednesday, April 22nd. Seventeen research analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the company. According to MarketBeat.com, Expedia Group has an average rating of “Hold” and a consensus price target of $290.76.
View Our Latest Stock Report on EXPE
Insider Buying and Selling at Expedia Group
In other news, insider Robert J. Dzielak sold 4,702 shares of the business’s stock in a transaction dated 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 owned 105,448 shares of the company’s stock, valued at approximately $24,569,384. The trade was a 4.27% 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, CAO Lance A. Soliday sold 940 shares of the company’s stock in a transaction dated 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 in the company, valued at $3,124,454.38. This trade represents a 6.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 5.20% of the stock is owned by company insiders.
Expedia Group Company 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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