Forum Financial Management LP Invests $292,000 in Expedia Group, Inc. $EXPE

Forum Financial Management LP acquired a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 1,729 shares of the online travel company’s stock, valued at approximately $292,000.

A number of other large investors have also modified their holdings of EXPE. McClarren Financial Advisors Inc. purchased a new position in Expedia Group in the first quarter valued at $28,000. Atlas Capital Advisors Inc. purchased a new position in Expedia Group in the first quarter valued at $28,000. GFG Capital LLC purchased a new position in Expedia Group in the second quarter valued at $29,000. Trust Co. of Toledo NA OH purchased a new position in Expedia Group in the second quarter valued at $31,000. Finally, Park Square Financial Group LLC purchased a new position in Expedia Group in the first quarter valued at $34,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $218.85 on Monday. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. The company has a market cap of $27.08 billion, a P/E ratio of 26.82, a PEG ratio of 1.14 and a beta of 1.56. Expedia Group, Inc. has a 52 week low of $130.01 and a 52 week high of $240.98. The company has a 50-day moving average price of $217.14 and a 200 day moving average price of $187.36.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, beating analysts’ consensus estimates of $4.13 by $0.11. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The firm had revenue of $3.79 billion during the quarter, compared to the consensus estimate of $3.70 billion. During the same quarter last year, the firm earned $3.51 earnings per share. The firm’s revenue was up 6.4% compared to the same quarter last year. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Research analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Thursday, August 28th. Expedia Group’s dividend payout ratio (DPR) is 19.61%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. BTIG Research reissued a “buy” rating and issued a $250.00 target price on shares of Expedia Group in a report on Tuesday, October 14th. Wall Street Zen raised Expedia Group from a “hold” rating to a “buy” rating in a report on Monday, July 28th. Citigroup upped their price objective on shares of Expedia Group from $177.00 to $206.00 and gave the company a “neutral” rating in a research note on Wednesday, August 13th. TD Cowen upped their price objective on shares of Expedia Group from $205.00 to $220.00 and gave the company a “hold” rating in a research note on Tuesday, October 21st. Finally, Susquehanna upped their price objective on shares of Expedia Group from $175.00 to $200.00 and gave the company a “neutral” rating in a research note on Monday, August 11th. Three analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Expedia Group presently has a consensus rating of “Hold” and an average price target of $212.79.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 3,306 shares of Expedia Group stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $200.84, for a total value of $663,977.04. Following the transaction, the insider owned 77,075 shares in the company, valued at $15,479,743. This trade represents a 4.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Lance A. Soliday sold 852 shares of Expedia Group stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total transaction of $175,409.76. Following the transaction, the chief accounting officer owned 12,036 shares in the company, valued at $2,477,971.68. The trade was a 6.61% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,816 shares of company stock worth $2,009,132 in the last quarter. 9.13% of the stock is owned by insiders.

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.