Retirement Systems of Alabama Sells 412 Shares of Expedia Group, Inc. $EXPE

Retirement Systems of Alabama trimmed its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 1.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,092 shares of the online travel company’s stock after selling 412 shares during the period. Retirement Systems of Alabama’s holdings in Expedia Group were worth $4,401,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Assetmark Inc. raised its position in shares of Expedia Group by 24.9% in the 2nd quarter. Assetmark Inc. now owns 25,933 shares of the online travel company’s stock worth $4,374,000 after acquiring an additional 5,172 shares in the last quarter. Spire Wealth Management raised its position in shares of Expedia Group by 114.3% in the 2nd quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock worth $25,000 after acquiring an additional 80 shares in the last quarter. Whalen Wealth Management Inc. bought a new position in shares of Expedia Group in the 2nd quarter worth $1,014,000. Deseret Mutual Benefit Administrators raised its position in shares of Expedia Group by 80.9% in the 2nd quarter. Deseret Mutual Benefit Administrators now owns 331 shares of the online travel company’s stock worth $56,000 after acquiring an additional 148 shares in the last quarter. Finally, New York Life Investment Management LLC increased its position in Expedia Group by 0.4% during the 2nd quarter. New York Life Investment Management LLC now owns 16,789 shares of the online travel company’s stock valued at $2,832,000 after buying an additional 64 shares in the last quarter. 90.76% of the stock is owned by institutional investors.

Insider Transactions at Expedia Group

In other news, CAO Lance A. Soliday sold 852 shares of the company’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total value of $175,409.76. Following the sale, the chief accounting officer owned 12,036 shares in the company, valued at $2,477,971.68. This represents a 6.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Craig A. Jacobson sold 3,000 shares of the company’s stock in a transaction dated 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 owned 33,858 shares in the company, valued at $7,035,015.24. The trade was a 8.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 9,816 shares of company stock worth $2,009,132 over the last quarter. 9.13% of the stock is currently owned by insiders.

Expedia Group Stock Down 1.6%

Expedia Group stock opened at $212.13 on Wednesday. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. The business’s 50-day simple moving average is $218.50 and its two-hundred day simple moving average is $190.92. The company has a market cap of $26.24 billion, a PE ratio of 26.00, a PEG ratio of 1.15 and a beta of 1.56. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $240.98.

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

Expedia Group Dividend Announcement

The business also recently announced 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 0.8%. Expedia Group’s dividend payout ratio is presently 19.61%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on EXPE. Sanford C. Bernstein set a $210.00 target price on Expedia Group in a research report on Monday, August 11th. KeyCorp began coverage on Expedia Group in a research report on Wednesday, October 22nd. They set a “sector weight” rating on the stock. Wedbush upped their target price on Expedia Group from $220.00 to $230.00 and gave the company a “neutral” rating in a research report on Wednesday, October 22nd. Wall Street Zen raised Expedia Group from a “hold” rating to a “buy” rating in a research report on Monday, July 28th. Finally, UBS Group upped their target price on Expedia Group from $209.00 to $234.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. Three analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $214.29.

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.