Wick Capital Partners LLC Buys Shares of 12,900 Expedia Group, Inc. $EXPE

Wick Capital Partners LLC acquired a new position in Expedia Group, Inc. (NASDAQ:EXPE) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 12,900 shares of the online travel company’s stock, valued at approximately $3,655,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Van Diest Capital LLC purchased a new stake in shares of Expedia Group during the fourth quarter valued at about $471,000. Compound Planning Inc. raised its stake in shares of Expedia Group by 24.0% during the 4th quarter. Compound Planning Inc. now owns 2,131 shares of the online travel company’s stock worth $604,000 after acquiring an additional 413 shares in the last quarter. Rare Wolf Capital LLC purchased a new stake in Expedia Group during the fourth quarter valued at approximately $854,000. Axxcess Wealth Management LLC purchased a new stake in Expedia Group during the fourth quarter valued at approximately $231,000. Finally, Corient Private Wealth LLC boosted its stake in Expedia Group by 664.4% in the fourth quarter. Corient Private Wealth LLC now owns 397,165 shares of the online travel company’s stock valued at $112,521,000 after acquiring an additional 345,210 shares in the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on EXPE. Citic Securities cut their price target on shares of Expedia Group from $337.00 to $320.00 and set a “buy” rating on the stock in a report on Friday, May 15th. Wells Fargo & Company decreased their price objective on Expedia Group from $310.00 to $307.00 and set an “equal weight” rating for the company in a report on Friday, May 8th. Barclays raised their price objective on Expedia Group from $260.00 to $264.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. Cantor Fitzgerald restated a “neutral” rating and set a $240.00 target price on shares of Expedia Group in a research note on Monday, April 27th. Finally, Weiss Ratings lowered Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Sixteen equities research analysts have rated the stock with a Buy rating and twenty-three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $284.42.

Insiders Place Their Bets

In other Expedia Group news, CAO Lance A. Soliday sold 940 shares of Expedia Group stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $221.86, for a total transaction 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 approximately $3,124,454.38. The trade was a 6.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Robert J. Dzielak sold 4,702 shares of Expedia Group stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $233.00, for a total value of $1,095,566.00. Following the sale, the insider directly owned 105,448 shares of the company’s stock, valued at approximately $24,569,384. This represents a 4.27% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 5.20% of the company’s stock.

Expedia Group Stock Up 0.6%

NASDAQ:EXPE opened at $240.90 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.43. Expedia Group, Inc. has a twelve month low of $160.00 and a twelve month high of $303.80. The company has a market cap of $29.52 billion, a PE ratio of 21.21, a P/E/G ratio of 0.63 and a beta of 1.25. The company’s 50 day moving average is $235.11 and its two-hundred day moving average is $246.70.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, topping 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 business had revenue of $3.43 billion during the quarter, compared to analysts’ expectations of $3.35 billion. During the same quarter last year, the company posted $0.40 earnings per share. The business’s quarterly revenue was up 14.7% on a year-over-year basis. Analysts anticipate that Expedia Group, Inc. will post 17.07 EPS for the current year.

Expedia Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors 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 dividend on an annualized basis and a yield of 0.8%. Expedia Group’s dividend payout ratio (DPR) is 16.90%.

Expedia Group Company 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.