MAI Capital Management Buys 489 Shares of Expedia Group, Inc. $EXPE

MAI Capital Management boosted its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 82.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,084 shares of the online travel company’s stock after purchasing an additional 489 shares during the period. MAI Capital Management’s holdings in Expedia Group were worth $183,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC bought a new position in shares of Expedia Group during the 4th quarter valued at $408,000. Avantax Advisory Services Inc. increased its position in Expedia Group by 19.9% during the first quarter. Avantax Advisory Services Inc. now owns 4,351 shares of the online travel company’s stock valued at $731,000 after acquiring an additional 723 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Expedia Group by 74.7% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 57,992 shares of the online travel company’s stock valued at $9,748,000 after acquiring an additional 24,804 shares during the period. Mackenzie Financial Corp lifted its holdings in Expedia Group by 8.6% in the first quarter. Mackenzie Financial Corp now owns 115,788 shares of the online travel company’s stock valued at $19,464,000 after acquiring an additional 9,153 shares during the period. Finally, Foundations Investment Advisors LLC boosted its position in Expedia Group by 192.2% in the first quarter. Foundations Investment Advisors LLC now owns 3,837 shares of the online travel company’s stock worth $645,000 after purchasing an additional 2,524 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Down 0.2%

Shares of EXPE stock opened at $257.62 on Friday. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. Expedia Group, Inc. has a one year low of $130.01 and a one year high of $279.61. The company’s fifty day moving average price is $229.56 and its 200-day moving average price is $201.21. The company has a market capitalization of $31.57 billion, a price-to-earnings ratio of 31.57, a PEG ratio of 1.15 and a beta of 1.58.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, topping the consensus estimate of $7.10 by $0.47. The company had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.28 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. Expedia Group’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $6.13 EPS. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Sell-side analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 19th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Wednesday, November 19th. Expedia Group’s dividend payout ratio (DPR) is 15.31%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on EXPE shares. Royal Bank Of Canada increased their price objective on shares of Expedia Group from $200.00 to $260.00 and gave the stock a “sector perform” rating in a research note on Friday, November 7th. Barclays increased their price target on shares of Expedia Group from $197.00 to $220.00 and gave the stock an “equal weight” rating in a research report on Friday, November 7th. Jefferies Financial Group lifted their price target on shares of Expedia Group from $220.00 to $270.00 in a research note on Monday, November 10th. B. Riley upped their price objective on Expedia Group from $260.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Finally, Cowen reaffirmed a “hold” rating on shares of Expedia Group in a report on Friday, August 8th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and twenty-four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $265.31.

Insider Buying and Selling

In other news, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $271.55, for a total transaction of $814,650.00. Following the sale, the director owned 30,858 shares in the company, valued at $8,379,489.90. This trade represents a 8.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Lance A. Soliday sold 849 shares of the business’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $248.08, for a total transaction of $210,619.92. Following the completion of the transaction, the chief accounting officer directly owned 11,662 shares in the company, valued at $2,893,108.96. This trade represents a 6.79% decrease in their position. The SEC filing for this sale provides additional information. 9.13% of the stock is currently 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.