1,996 Shares in Expedia Group, Inc. $EXPE Bought by Employees Retirement System of Texas

Employees Retirement System of Texas purchased a new position in Expedia Group, Inc. (NASDAQ:EXPE) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,996 shares of the online travel company’s stock, valued at approximately $337,000.

Other institutional investors have also bought and sold shares of the company. Spire Wealth Management raised its position 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 buying an additional 80 shares in the last quarter. McClarren Financial Advisors Inc. bought a new stake in Expedia Group during the first quarter worth approximately $28,000. Atlas Capital Advisors Inc. bought a new stake in Expedia Group during the first quarter worth approximately $28,000. GFG Capital LLC purchased a new stake in Expedia Group during the second quarter valued at approximately $29,000. Finally, Trust Co. of Toledo NA OH bought a new stake in shares of Expedia Group in the 2nd quarter valued at approximately $31,000. Institutional investors own 90.76% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on EXPE. BNP Paribas Exane assumed coverage on Expedia Group in a research report on Monday. They set a “neutral” rating on the stock. Jefferies Financial Group lifted their price objective on shares of Expedia Group from $220.00 to $270.00 in a research note on Monday, November 10th. DA Davidson set a $294.00 target price on shares of Expedia Group in a research note on Monday, November 17th. Rothschild & Co Redburn lifted their price target on shares of Expedia Group from $290.00 to $350.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Finally, KeyCorp started coverage on shares of Expedia Group in a research report on Wednesday, October 22nd. They issued a “sector weight” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and twenty-four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $265.31.

Expedia Group Stock Performance

EXPE stock opened at $257.62 on Friday. Expedia Group, Inc. has a 1-year low of $130.01 and a 1-year high of $279.61. The business has a 50-day moving average price of $229.56 and a 200 day moving average price of $201.21. The company has a market capitalization of $31.57 billion, a P/E ratio of 31.57, a PEG ratio of 1.15 and a beta of 1.58. 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 (NASDAQ:EXPE) last issued its earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.10 by $0.47. The company had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $4.28 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. During the same period in the prior year, the business earned $6.13 EPS. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities research analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 19th will be issued 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 presently 15.31%.

Insider Buying and Selling

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the company’s stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $271.55, for a total transaction of $814,650.00. Following the completion of the sale, the director owned 30,858 shares in the company, valued at $8,379,489.90. This represents a 8.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Lance A. Soliday sold 849 shares of the stock in a transaction on Friday, November 21st. The shares were sold at an average price of $248.08, for a total value of $210,619.92. Following the sale, 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. Insiders own 9.13% of the company’s stock.

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.