Ingalls & Snyder LLC Purchases 1,248 Shares of Expedia Group, Inc. $EXPE

Ingalls & Snyder LLC increased its position in Expedia Group, Inc. (NASDAQ:EXPE) by 0.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 142,428 shares of the online travel company’s stock after purchasing an additional 1,248 shares during the period. Expedia Group makes up 0.9% of Ingalls & Snyder LLC’s investment portfolio, making the stock its 25th largest holding. Ingalls & Snyder LLC owned about 0.11% of Expedia Group worth $24,025,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of EXPE. McClarren Financial Advisors Inc. bought a new position in Expedia Group during the 1st quarter valued at $28,000. Atlas Capital Advisors Inc. bought a new position in Expedia Group during the 1st quarter valued at $28,000. GFG Capital LLC bought a new position in Expedia Group during the 2nd quarter valued at $29,000. Trust Co. of Toledo NA OH bought a new position in Expedia Group during the 2nd quarter valued at $31,000. Finally, Park Square Financial Group LLC bought a new position in Expedia Group during the 1st quarter valued at $34,000. 90.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on EXPE. Royal Bank Of Canada raised their price objective on Expedia Group from $180.00 to $200.00 and gave the company a “sector perform” rating in a research note on Friday, August 8th. Wedbush raised their price objective on Expedia Group from $220.00 to $230.00 and gave the company a “neutral” rating in a research note on Wednesday. UBS Group raised their target price on Expedia Group from $209.00 to $234.00 and gave the company a “neutral” rating in a research report on Friday. Morgan Stanley raised their target price on Expedia Group from $150.00 to $165.00 and gave the company an “equal weight” rating in a research report on Monday, July 21st. Finally, KeyCorp initiated coverage on Expedia Group in a research report on Wednesday. They set a “sector weight” rating for the company. Three equities research 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 assigned a Sell rating to the company. According to MarketBeat, Expedia Group has a consensus rating of “Hold” and a consensus target price of $212.79.

Expedia Group Stock Up 1.5%

EXPE stock opened at $218.85 on Friday. 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 firm has a market capitalization of $27.08 billion, a PE ratio of 26.82, a PEG ratio of 1.09 and a beta of 1.56. Expedia Group, Inc. has a twelve month low of $130.01 and a twelve month high of $240.98. The stock has a 50-day simple moving average of $217.14 and a two-hundred day simple moving average of $187.18.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share for the quarter, beating analysts’ consensus estimates of $4.13 by $0.11. The business had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.70 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 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 firm also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th were given a dividend of $0.40 per share. 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%.

Insider Activity

In other news, insider Robert J. Dzielak sold 2,658 shares of Expedia Group stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total transaction of $546,405.06. Following the completion of the sale, the insider owned 74,417 shares in the company, valued at approximately $15,297,902.69. This trade represents a 3.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total value of $623,340.00. Following the sale, the director owned 33,858 shares of the company’s stock, valued at approximately $7,035,015.24. This trade represents a 8.14% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 9,816 shares of company stock worth $2,009,132. 9.13% of the stock is currently owned by 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.