Sequoia Financial Advisors LLC Boosts Holdings in Expedia Group, Inc. $EXPE

Sequoia Financial Advisors LLC lifted its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 45.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,653 shares of the online travel company’s stock after purchasing an additional 1,145 shares during the period. Sequoia Financial Advisors LLC’s holdings in Expedia Group were worth $616,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of EXPE. Brighton Jones LLC purchased a new stake in shares of Expedia Group in the 4th quarter worth about $408,000. GAMMA Investing LLC lifted its position in shares of Expedia Group by 8.5% in the 1st quarter. GAMMA Investing LLC now owns 2,102 shares of the online travel company’s stock worth $353,000 after purchasing an additional 165 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of Expedia Group by 18.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 31,604 shares of the online travel company’s stock worth $5,313,000 after purchasing an additional 4,987 shares during the period. QRG Capital Management Inc. lifted its position in Expedia Group by 25.5% during the 1st quarter. QRG Capital Management Inc. now owns 2,367 shares of the online travel company’s stock valued at $398,000 after acquiring an additional 481 shares during the period. Finally, State of Alaska Department of Revenue lifted its position in Expedia Group by 3.2% during the 1st quarter. State of Alaska Department of Revenue now owns 14,451 shares of the online travel company’s stock valued at $2,429,000 after acquiring an additional 445 shares during the period. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Expedia Group

In other news, CAO Lance A. Soliday sold 852 shares of Expedia Group stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the sale, the chief accounting officer directly owned 12,036 shares in the company, valued at $2,477,971.68. The trade was a 6.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Robert J. Dzielak sold 2,658 shares of Expedia Group stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total transaction of $546,405.06. Following the completion of the sale, the insider owned 74,417 shares of the company’s stock, valued at $15,297,902.69. This represents a 3.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,816 shares of company stock worth $2,009,132 over the last three months. 9.13% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

EXPE has been the subject of a number of recent research reports. BTIG Research reissued a “buy” rating and set a $250.00 price target on shares of Expedia Group in a research report on Tuesday, October 14th. Citigroup lifted their price target on shares of Expedia Group from $177.00 to $206.00 and gave the company a “neutral” rating in a research report on Wednesday, August 13th. Sanford C. Bernstein set a $210.00 price target on shares of Expedia Group in a research report on Monday, August 11th. Jefferies Financial Group lifted their price target on shares of Expedia Group from $210.00 to $220.00 and gave the company a “hold” rating in a research report on Friday. Finally, Truist Financial lowered their price target on shares of Expedia Group from $175.00 to $168.00 and set a “hold” rating for the company in a research report on Tuesday, June 24th. Three analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Expedia Group currently has a consensus rating of “Hold” and a consensus target price of $211.22.

Expedia Group Stock Up 0.6%

NASDAQ:EXPE opened at $214.76 on Monday. The firm has a market cap of $26.57 billion, a P/E ratio of 26.32, a P/E/G ratio of 1.12 and a beta of 1.56. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $240.98. The firm has a 50-day simple moving average of $215.44 and a two-hundred day simple moving average of $184.64.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share for the quarter, beating analysts’ consensus estimates of $4.13 by $0.11. The business had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.70 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. Expedia Group’s revenue was up 6.4% compared to the same quarter last year. During the same period last year, the business earned $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

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

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.