Expedia Group, Inc. $EXPE Shares Sold by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale trimmed its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 11.0% in the second quarter, Holdings Channel.com reports. The firm owned 62,972 shares of the online travel company’s stock after selling 7,818 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Expedia Group were worth $10,638,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Hunter Associates Investment Management LLC grew its stake in shares of Expedia Group by 10.2% during the first quarter. Hunter Associates Investment Management LLC now owns 29,950 shares of the online travel company’s stock valued at $5,051,000 after acquiring an additional 2,776 shares in the last quarter. OMNI 360 Wealth Inc. acquired a new stake in Expedia Group during the 2nd quarter valued at approximately $325,000. Korea Investment CORP grew its stake in Expedia Group by 55.1% during the 1st quarter. Korea Investment CORP now owns 177,934 shares of the online travel company’s stock valued at $29,911,000 after purchasing an additional 63,244 shares in the last quarter. Monument Capital Management acquired a new stake in Expedia Group during the 1st quarter valued at approximately $2,261,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in Expedia Group by 19.0% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 15,838 shares of the online travel company’s stock valued at $2,662,000 after purchasing an additional 2,534 shares in the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on EXPE shares. Wedbush raised their price target on shares of Expedia Group from $220.00 to $230.00 and gave the stock a “neutral” rating in a research report on Wednesday. B. Riley raised their price objective on shares of Expedia Group from $222.00 to $260.00 and gave the stock a “buy” rating in a report on Friday, August 8th. Wells Fargo & Company lifted their price target on Expedia Group from $211.00 to $212.00 and gave the stock an “equal weight” rating in a research note on Monday, October 6th. Wall Street Zen upgraded Expedia Group from a “hold” rating to a “buy” rating in a research note on Monday, July 28th. Finally, Oppenheimer reiterated an “outperform” rating on shares of Expedia Group in a research report on Friday, August 8th. Three 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 given a Sell rating to the stock. According to data from MarketBeat.com, Expedia Group has a consensus rating of “Hold” and an average price target of $211.89.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 852 shares of the business’s stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total transaction of $175,409.76. Following the completion of the transaction, the chief accounting officer owned 12,036 shares in the company, valued at approximately $2,477,971.68. The trade was a 6.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Craig A. Jacobson sold 3,000 shares of the business’s stock in a transaction 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 of the company’s stock, valued at $7,035,015.24. This trade represents a 8.14% decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,816 shares of company stock valued at $2,009,132 in the last ninety days. Company insiders own 9.13% of the company’s stock.

Expedia Group Trading Down 4.7%

NASDAQ:EXPE opened at $215.65 on Friday. Expedia Group, Inc. has a 12-month low of $130.01 and a 12-month high of $240.98. The firm has a market capitalization of $26.68 billion, a P/E ratio of 26.43, a P/E/G ratio of 1.18 and a beta of 1.56. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. The business has a 50 day simple moving average of $216.91 and a 200 day simple moving average of $186.26.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $3.70 billion. During the same quarter in the previous year, the firm posted $3.51 EPS. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, August 28th. Expedia Group’s payout ratio is presently 19.61%.

Expedia Group Company 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.