Vestmark Advisory Solutions Inc. bought a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,753 shares of the online travel company’s stock, valued at approximately $464,000.
Several other institutional investors also recently modified their holdings of EXPE. Spire Wealth Management boosted its holdings in shares of Expedia Group by 114.3% during the 2nd quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock valued at $25,000 after acquiring an additional 80 shares in the last quarter. McClarren Financial Advisors Inc. bought a new position in Expedia Group in the first quarter valued at about $28,000. Atlas Capital Advisors Inc. acquired a new stake in shares of Expedia Group during the first quarter valued at about $28,000. GFG Capital LLC bought a new stake in shares of Expedia Group during the second quarter worth about $29,000. Finally, Trust Co. of Toledo NA OH bought a new stake in shares of Expedia Group during the second quarter worth about $31,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Expedia Group
In other news, Director Craig A. Jacobson sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total value of $623,340.00. Following the transaction, the director owned 33,858 shares in the company, valued at $7,035,015.24. This trade represents a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Lance A. Soliday sold 852 shares of the firm’s stock in a transaction dated 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 directly owned 12,036 shares in the company, valued at $2,477,971.68. The trade was a 6.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 9.13% of the company’s stock.
Expedia Group Price Performance
Expedia Group (NASDAQ:EXPE – Get Free Report) last released its quarterly earnings data on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, beating the consensus estimate of $7.10 by $0.47. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The company had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.28 billion. During the same quarter in the previous year, the business posted $6.13 EPS. Expedia Group’s revenue for the quarter was up 8.7% compared to the same quarter last year. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current year.
Expedia Group Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 19th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Wednesday, November 19th. Expedia Group’s payout ratio is 15.31%.
Analyst Upgrades and Downgrades
EXPE has been the subject of a number of research reports. BTIG Research raised their price objective on shares of Expedia Group from $250.00 to $275.00 and gave the company a “buy” rating in a report on Thursday, November 6th. TD Cowen raised their price target on shares of Expedia Group from $220.00 to $256.00 in a research note on Friday, November 7th. Barclays increased their price objective on Expedia Group from $197.00 to $220.00 and gave the company an “equal weight” rating in a report on Friday, November 7th. KeyCorp started coverage on Expedia Group in a research report on Wednesday, October 22nd. They set a “sector weight” rating for the company. Finally, UBS Group upped their price target on Expedia Group from $209.00 to $234.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and twenty-two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $262.00.
Check Out Our Latest Stock Report on Expedia Group
Expedia Group 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.
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