Orion Capital Management LLC Lowers Stake in Expedia Group, Inc. $EXPE

Orion Capital Management LLC lessened its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 3.8% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,515 shares of the online travel company’s stock after selling 100 shares during the quarter. Orion Capital Management LLC’s holdings in Expedia Group were worth $424,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Nuveen LLC purchased a new stake in shares of Expedia Group in the 1st quarter worth approximately $227,174,000. Los Angeles Capital Management LLC boosted its holdings in Expedia Group by 3,369.4% in the first quarter. Los Angeles Capital Management LLC now owns 1,029,117 shares of the online travel company’s stock worth $172,995,000 after acquiring an additional 999,454 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Expedia Group by 174.0% in the first quarter. AQR Capital Management LLC now owns 1,444,283 shares of the online travel company’s stock worth $235,592,000 after acquiring an additional 917,192 shares during the last quarter. Massachusetts Financial Services Co. MA bought a new position in shares of Expedia Group during the first quarter valued at $82,975,000. Finally, Alkeon Capital Management LLC increased its holdings in shares of Expedia Group by 20.2% during the first quarter. Alkeon Capital Management LLC now owns 2,375,276 shares of the online travel company’s stock valued at $399,284,000 after acquiring an additional 398,804 shares in the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Expedia Group Stock Up 1.5%

EXPE opened at $218.85 on Friday. The stock has a market capitalization of $27.08 billion, a price-to-earnings ratio of 26.82, a PEG ratio of 1.09 and a beta of 1.56. The firm has a 50 day moving average price of $217.14 and a 200-day moving average price of $187.18. Expedia Group, Inc. has a twelve month low of $130.01 and a twelve month high of $240.98. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14.

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

Expedia Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Investors 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 yield of 0.7%. The ex-dividend date was Thursday, August 28th. Expedia Group’s dividend payout ratio is 19.61%.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 3,306 shares of the firm’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $200.84, for a total value of $663,977.04. Following the transaction, the insider directly owned 77,075 shares of the company’s stock, valued at approximately $15,479,743. This trade represents a 4.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Lance A. Soliday sold 852 shares of the business’s stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total value of $175,409.76. Following the sale, the chief accounting officer owned 12,036 shares of the company’s stock, valued at approximately $2,477,971.68. This represents a 6.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 9,816 shares of company stock valued at $2,009,132. 9.13% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on EXPE shares. Cantor Fitzgerald reiterated a “neutral” rating and issued a $200.00 price target on shares of Expedia Group in a research note on Wednesday, July 23rd. TD Cowen upped their target price on shares of Expedia Group from $205.00 to $220.00 and gave the stock a “hold” rating in a research note on Tuesday, October 21st. Citigroup increased their price target on shares of Expedia Group from $177.00 to $206.00 and gave the company a “neutral” rating in a report on Wednesday, August 13th. Mizuho began coverage on shares of Expedia Group in a research report on Tuesday, September 30th. They set a “neutral” rating and a $240.00 price target for the company. Finally, Benchmark upped their price objective on Expedia Group from $215.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Expedia Group has a consensus rating of “Hold” and an average price target of $212.79.

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.