Lido Advisors LLC Has $744,000 Stock Holdings in Expedia Group, Inc. $EXPE

Lido Advisors LLC trimmed its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 43.7% in the first quarter, Holdings Channel reports. The firm owned 3,223 shares of the online travel company’s stock after selling 2,501 shares during the quarter. Lido Advisors LLC’s holdings in Expedia Group were worth $744,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Motiv8 Investments LLC acquired a new stake in shares of Expedia Group in the 4th quarter valued at approximately $25,000. Entrust Financial LLC bought a new position in shares of Expedia Group in the fourth quarter valued at $26,000. Lodestone Wealth Management LLC acquired a new position in Expedia Group during the fourth quarter worth $29,000. Sunbelt Securities Inc. increased its holdings in Expedia Group by 970.6% during the third quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock worth $39,000 after buying an additional 165 shares during the last quarter. Finally, DV Equities LLC bought a new stake in Expedia Group during the fourth quarter worth $46,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on EXPE. The Goldman Sachs Group restated a “buy” rating and set a $330.00 price objective on shares of Expedia Group in a research note on Monday, July 20th. Susquehanna lifted their price target on Expedia Group from $240.00 to $250.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Truist Financial lowered their price target on Expedia Group from $252.00 to $246.00 and set a “hold” rating on the stock in a research report on Monday, April 6th. Piper Sandler raised their price objective on Expedia Group from $225.00 to $245.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Finally, Wall Street Zen raised Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Sunday, May 10th. Seventeen analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $288.64.

Expedia Group Stock Up 2.9%

EXPE stock opened at $304.27 on Thursday. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.73 and a quick ratio of 0.73. The stock has a market capitalization of $37.29 billion, a price-to-earnings ratio of 26.78, a PEG ratio of 0.77 and a beta of 1.23. The business’s fifty day moving average price is $249.15 and its two-hundred day moving average price is $243.55. Expedia Group, Inc. has a fifty-two week low of $174.05 and a fifty-two week high of $312.40.

Expedia Group (NASDAQ:EXPE) last announced its earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The company had revenue of $3.43 billion during the quarter, compared to analysts’ expectations of $3.35 billion. During the same quarter in the previous year, the business posted $0.40 earnings per share. Expedia Group’s quarterly revenue was up 14.7% on a year-over-year basis. On average, equities analysts anticipate that Expedia Group, Inc. will post 17.04 earnings per share for the current year.

Expedia Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th were paid a $0.48 dividend. The ex-dividend date was Thursday, May 28th. This represents a $1.92 annualized dividend and a yield of 0.6%. Expedia Group’s payout ratio is 16.90%.

Insider Transactions at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 940 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total value of $208,548.40. Following the completion of the sale, the chief accounting officer owned 14,083 shares of the company’s stock, valued at $3,124,454.38. The trade was a 6.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Robert J. Dzielak sold 4,702 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the transaction, the insider owned 105,448 shares in the company, valued at approximately $24,569,384. The trade was a 4.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 5.20% of the company’s stock.

Expedia Group Profile

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.