3,991 Shares in Expedia Group, Inc. $EXPE Purchased by Heartland Bank & Trust Co

Heartland Bank & Trust Co purchased a new position in Expedia Group, Inc. (NASDAQ:EXPE) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,991 shares of the online travel company’s stock, valued at approximately $1,021,000.

Several other institutional investors have also added to or reduced their stakes in EXPE. Motiv8 Investments LLC purchased a new position in shares of Expedia Group in the fourth quarter valued at $25,000. Entrust Financial LLC bought a new stake in shares of Expedia Group during the 4th quarter worth $26,000. Sunbelt Securities Inc. increased its position in shares of Expedia Group by 970.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock valued at $39,000 after purchasing an additional 165 shares during the last quarter. Elevation Wealth Partners LLC raised its stake in shares of Expedia Group by 272.9% during the second quarter. Elevation Wealth Partners LLC now owns 179 shares of the online travel company’s stock worth $46,000 after acquiring an additional 131 shares in the last quarter. Finally, DV Equities LLC bought a new stake in Expedia Group in the fourth quarter worth $46,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Wedbush increased their price target on shares of Expedia Group from $334.00 to $417.00 and gave the company an “outperform” rating in a research report on Thursday. The Goldman Sachs Group set a $370.00 price target on shares of Expedia Group in a research note on Thursday, August 6th. DA Davidson dropped their target price on Expedia Group from $260.00 to $250.00 and set a “neutral” rating on the stock in a report on Friday, May 15th. Susquehanna raised their price target on shares of Expedia Group from $250.00 to $315.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. Finally, Robert W. Baird set a $335.00 target price on Expedia Group in a research report on Thursday, August 6th. Seventeen analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the company. Based on data from MarketBeat, Expedia Group has a consensus rating of “Hold” and an average price target of $314.27.

Insider Activity

In related news, CAO Lance A. Soliday sold 2,810 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $323.65, for a total value of $909,456.50. Following the completion of the transaction, the chief accounting officer directly owned 12,006 shares of the company’s stock, valued at approximately $3,885,741.90. This represents a 18.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 4,702 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $233.00, for a total value of $1,095,566.00. Following the completion of the sale, the insider directly owned 105,448 shares of the company’s stock, valued at $24,569,384. This trade represents a 4.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 16,588 shares of company stock worth $4,849,769 over the last quarter. 5.20% of the stock is currently owned by corporate insiders.

Expedia Group Stock Performance

Shares of NASDAQ:EXPE opened at $321.63 on Friday. The firm’s 50-day moving average is $280.28 and its 200 day moving average is $248.08. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 2.21. The company has a market capitalization of $38.60 billion, a price-to-earnings ratio of 20.05, a PEG ratio of 0.79 and a beta of 1.22. Expedia Group, Inc. has a 12 month low of $185.34 and a 12 month high of $335.00.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Wednesday, August 5th. The online travel company reported $5.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.22 by $0.54. The company had revenue of $4.32 billion for the quarter, compared to analysts’ expectations of $4.17 billion. Expedia Group had a net margin of 12.97% and a return on equity of 87.32%. The firm’s quarterly revenue was up 14.0% on a year-over-year basis. During the same period in the prior year, the business earned $4.24 EPS. Research analysts predict that Expedia Group, Inc. will post 17.15 EPS for the current year.

Expedia Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, August 27th will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, August 27th. Expedia Group’s dividend payout ratio is presently 11.97%.

About Expedia Group

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third?party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.