Ethic Inc. Purchases 568 Shares of Expedia Group, Inc. $EXPE

Ethic Inc. increased its position in Expedia Group, Inc. (NASDAQ:EXPEFree Report) by 2.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,223 shares of the online travel company’s stock after acquiring an additional 568 shares during the period. Ethic Inc.’s holdings in Expedia Group were worth $4,478,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. McClarren Financial Advisors Inc. bought a new stake in shares of Expedia Group in the first quarter worth $28,000. Atlas Capital Advisors Inc. bought a new stake in shares of Expedia Group in the first quarter worth $28,000. GFG Capital LLC bought a new stake in shares of Expedia Group in the second quarter worth $29,000. Trust Co. of Toledo NA OH bought a new stake in shares of Expedia Group in the second quarter worth $31,000. Finally, Park Square Financial Group LLC bought a new stake in shares of Expedia Group in the first quarter worth $34,000. Institutional investors own 90.76% of the company’s stock.

Insider Activity

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

Expedia Group Price Performance

Shares of Expedia Group stock opened at $215.65 on Friday. The stock’s 50-day simple moving average is $216.91 and its 200-day simple moving average is $186.26. Expedia Group, Inc. has a 52 week low of $130.01 and a 52 week high of $240.98. The company has a market capitalization of $26.68 billion, a price-to-earnings ratio of 26.43, a PEG ratio of 1.18 and a beta of 1.56. 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:EXPEGet Free Report) last announced its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, beating the consensus estimate of $4.13 by $0.11. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The business had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.70 billion. During the same period in the previous year, the business earned $3.51 earnings per share. The business’s revenue was up 6.4% on a year-over-year basis. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Thursday, August 28th. Expedia Group’s payout ratio is presently 19.61%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on EXPE shares. Benchmark lifted their target price on Expedia Group from $215.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Wall Street Zen upgraded Expedia Group from a “hold” rating to a “buy” rating in a research report on Monday, July 28th. DA Davidson lifted their target price on Expedia Group from $174.00 to $218.00 and gave the company a “neutral” rating in a research report on Friday, August 8th. Bank of America lifted their target price on Expedia Group from $211.00 to $240.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Finally, TD Cowen lifted their target price on Expedia Group from $205.00 to $220.00 and gave the company a “hold” rating in a research report on Tuesday. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Expedia Group presently has an average rating of “Hold” and an average target price of $211.89.

Check Out Our Latest Analysis on EXPE

Expedia Group Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding EXPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Expedia Group, Inc. (NASDAQ:EXPEFree Report).

Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

Receive News & Ratings for Expedia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia Group and related companies with MarketBeat.com's FREE daily email newsletter.