U S Global Investors Inc. Buys 1,659 Shares of Expedia Group, Inc. $EXPE

U S Global Investors Inc. lifted its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 1.8% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 95,298 shares of the online travel company’s stock after purchasing an additional 1,659 shares during the quarter. Expedia Group accounts for approximately 1.9% of U S Global Investors Inc.’s investment portfolio, making the stock its 16th largest holding. U S Global Investors Inc.’s holdings in Expedia Group were worth $16,075,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in EXPE. Brighton Jones LLC bought a new stake in shares of Expedia Group in the fourth quarter valued at approximately $408,000. UMB Bank n.a. boosted its stake in shares of Expedia Group by 14.1% in the first quarter. UMB Bank n.a. now owns 558 shares of the online travel company’s stock valued at $94,000 after buying an additional 69 shares during the period. GAMMA Investing LLC boosted its stake in shares of Expedia Group by 8.5% in the first quarter. GAMMA Investing LLC now owns 2,102 shares of the online travel company’s stock valued at $353,000 after buying an additional 165 shares during the period. CX Institutional bought a new stake in shares of Expedia Group in the first quarter valued at approximately $160,000. Finally, Simon Quick Advisors LLC bought a new stake in shares of Expedia Group in the first quarter valued at approximately $344,000. 90.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on EXPE. Bank of America upped their target price on Expedia Group from $211.00 to $240.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Citigroup upped their target price on Expedia Group from $177.00 to $206.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 13th. Royal Bank Of Canada upped their target price on Expedia Group from $180.00 to $200.00 and gave the stock a “sector perform” rating in a research note on Friday, August 8th. B. Riley upped their target price on Expedia Group from $222.00 to $260.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Finally, Cantor Fitzgerald restated a “neutral” rating and set a $200.00 target price on shares of Expedia Group in a research note on Wednesday, July 23rd. Three research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Expedia Group currently has an average rating of “Hold” and a consensus target price of $209.00.

Insider Transactions at Expedia Group

In related news, Director Craig A. Jacobson sold 3,000 shares of the 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 completion of the sale, the director directly owned 33,858 shares in the company, valued at $7,035,015.24. This represents a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Lance A. Soliday sold 852 shares of the stock in a transaction 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 owned 12,036 shares of the company’s stock, valued at $2,477,971.68. The trade was a 6.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,816 shares of company stock worth $2,009,132. Corporate insiders own 9.13% of the company’s stock.

Expedia Group Stock Down 3.0%

Shares of NASDAQ:EXPE opened at $210.33 on Friday. The company has a fifty day moving average of $212.42 and a 200-day moving average of $182.65. The company has a market capitalization of $26.02 billion, a PE ratio of 25.78, a price-to-earnings-growth ratio of 1.13 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 52-week low of $130.01 and a 52-week high of $240.98.

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

Expedia Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th were issued a dividend of $0.40 per share. The ex-dividend date was Thursday, August 28th. This represents a $1.60 annualized dividend and a dividend yield of 0.8%. Expedia Group’s dividend payout ratio is 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.