Lazard Asset Management LLC Sells 8,554,873 Shares of Expedia Group, Inc. $EXPE

Lazard Asset Management LLC lowered its holdings in Expedia Group, Inc. (NASDAQ:EXPEFree Report) by 100.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,682 shares of the online travel company’s stock after selling 8,554,873 shares during the period. Lazard Asset Management LLC’s holdings in Expedia Group were worth $388,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of EXPE. Motiv8 Investments LLC bought a new stake in Expedia Group in the fourth quarter worth about $25,000. Entrust Financial LLC bought a new position in shares of Expedia Group during the 4th quarter valued at approximately $26,000. Sunbelt Securities Inc. grew its position in shares of Expedia Group by 970.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock valued at $39,000 after acquiring an additional 165 shares during the period. DV Equities LLC purchased a new stake in shares of Expedia Group during the 4th quarter worth approximately $46,000. Finally, Cache Advisors LLC bought a new position in Expedia Group during the first quarter valued at $48,000. Institutional investors own 90.76% of the company’s stock.

Expedia Group News Summary

Here are the key news stories impacting Expedia Group this week:

  • Positive Sentiment: Q2 results exceeded expectations. Expedia reported adjusted earnings of $5.76 per share versus the $5.22 consensus estimate, while revenue increased 14% year over year to $4.32 billion, topping forecasts of $4.17 billion. Stronger brands, B2B momentum and cost discipline supported the performance. Expedia Group Q2 Earnings and Revenues Beat Estimates
  • Positive Sentiment: Management raised its outlook. Expedia increased its annual revenue forecast and expects fiscal 2026 gross bookings of approximately $129.5 billion to $130.8 billion. It also raised its expected adjusted EBITDA margin expansion to 150–175 basis points, citing resilient domestic travel demand. Expedia raises annual forecast on resilient domestic travel demand
  • Positive Sentiment: Analyst sentiment remains broadly favorable. B. Riley raised its price target to $390 and kept a Buy rating, BTIG lifted its target to $350 and maintained Buy, and Wedbush reaffirmed Outperform with a $334 target. RBC also increased its target to $330, although it retained a Sector Perform rating.
  • Positive Sentiment: AI and B2B investments are viewed as additional growth engines. Expedia highlighted artificial-intelligence initiatives and the expansion of its B2B business as supports for longer-term growth following the strong quarter. Expedia Leans on AI and B2B Growth to Lift Outlook
  • Neutral Sentiment: Wells Fargo raised its target modestly to $307 but maintained an Equal Weight rating, implying limited upside at recent trading levels. Cantor Fitzgerald also kept a Neutral rating after raising its target to $310.
  • Neutral Sentiment: Expedia declared a quarterly dividend of $0.48 per share, with payment scheduled for September 17, offering a relatively small annualized yield of about 0.6%.
  • Negative Sentiment: Some European markets remain soft, creating a regional demand risk despite stronger domestic travel and the upgraded companywide outlook.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Jefferies Financial Group lifted their price objective on shares of Expedia Group from $300.00 to $310.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Benchmark raised their price target on Expedia Group from $290.00 to $360.00 and gave the stock a “buy” rating in a report on Thursday. DA Davidson cut their price target on Expedia Group from $260.00 to $250.00 and set a “neutral” rating for the company in a report on Friday, May 15th. Royal Bank Of Canada lifted their price target on Expedia Group from $290.00 to $330.00 and gave the company a “sector perform” rating in a research report on Thursday. Finally, Wall Street Zen cut Expedia Group from a “strong-buy” rating to a “buy” rating in a report on Saturday. Seventeen equities 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 a consensus rating of “Hold” and an average price target of $310.88.

Get Our Latest Analysis on Expedia Group

Insider Activity

In other news, insider Robert J. Dzielak sold 4,702 shares of Expedia Group stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the completion of the sale, the insider owned 105,448 shares in the company, valued at approximately $24,569,384. This trade represents a 4.27% decrease in their position. 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 Expedia Group stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total value of $208,548.40. Following the sale, 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 SEC filing for this sale provides additional information. Company insiders own 5.20% of the company’s stock.

Expedia Group Stock Up 1.3%

Shares of NASDAQ:EXPE opened at $310.68 on Friday. The firm has a fifty day moving average price of $260.84 and a two-hundred day moving average price of $244.48. The company has a market cap of $38.07 billion, a price-to-earnings ratio of 19.37, a PEG ratio of 0.80 and a beta of 1.22. The company has a debt-to-equity ratio of 2.21, a current ratio of 0.80 and a quick ratio of 0.73. Expedia Group, Inc. has a one year low of $185.34 and a one year high of $331.31.

Expedia Group (NASDAQ:EXPEGet Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The online travel company reported $5.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.22 by $0.54. The company had revenue of $4.32 billion for the quarter, compared to the consensus estimate of $4.17 billion. Expedia Group had a return on equity of 87.32% and a net margin of 12.97%.The firm’s revenue was up 14.0% compared to the same quarter last year. During the same quarter last year, the business posted $4.24 earnings per share. Analysts anticipate that Expedia Group, Inc. will post 17.18 EPS for the current fiscal year.

Expedia Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, August 27th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $1.92 annualized dividend and a dividend yield of 0.6%. Expedia Group’s dividend payout ratio (DPR) is presently 11.97%.

Expedia Group Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

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