Expedia Group, Inc. $EXPE Shares Bought by Panagora Asset Management Inc.

Panagora Asset Management Inc. increased its position in Expedia Group, Inc. (NASDAQ:EXPE) by 2.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 286,990 shares of the online travel company’s stock after acquiring an additional 6,643 shares during the period. Panagora Asset Management Inc. owned approximately 0.23% of Expedia Group worth $48,409,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Spire Wealth Management boosted 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 buying an additional 80 shares in the last quarter. McClarren Financial Advisors Inc. purchased a new stake in shares of Expedia Group in the first quarter valued at about $28,000. Atlas Capital Advisors Inc. acquired a new stake in shares of Expedia Group in the first quarter valued at approximately $28,000. GFG Capital LLC purchased a new position in shares of Expedia Group during the 2nd quarter worth approximately $29,000. Finally, Trust Co. of Toledo NA OH purchased a new position in shares of Expedia Group during the 2nd quarter worth approximately $31,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have issued reports on EXPE. BNP Paribas Exane began coverage on shares of Expedia Group in a report on Monday, November 24th. They issued a “neutral” rating on the stock. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Expedia Group from $185.00 to $235.00 and gave the company a “hold” rating in a research report on Friday, November 7th. TD Cowen raised their target price on shares of Expedia Group from $220.00 to $256.00 in a research report on Friday, November 7th. Wedbush lifted their target price on shares of Expedia Group from $230.00 to $250.00 and gave the stock a “neutral” rating in a research note on Friday, November 7th. Finally, Jefferies Financial Group boosted their price target on Expedia Group from $220.00 to $270.00 in a report on Monday, November 10th. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and twenty-four have issued a Hold rating to the company. Based on data from MarketBeat.com, Expedia Group has an average rating of “Hold” and a consensus target price of $265.31.

Insiders Place Their Bets

In related news, Director Craig A. Jacobson sold 3,000 shares of the stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $271.55, for a total value of $814,650.00. Following the completion of the sale, the director directly owned 30,858 shares in the company, valued at approximately $8,379,489.90. This represents a 8.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Lance A. Soliday sold 849 shares of the business’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $248.08, for a total value of $210,619.92. Following the transaction, the chief accounting officer owned 11,662 shares in the company, valued at approximately $2,893,108.96. This represents a 6.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 9.13% of the stock is currently owned by corporate insiders.

Expedia Group Stock Performance

Shares of NASDAQ:EXPE opened at $255.28 on Monday. The firm has a market capitalization of $31.28 billion, a PE ratio of 31.28, a P/E/G ratio of 1.15 and a beta of 1.58. Expedia Group, Inc. has a 12 month low of $130.01 and a 12 month high of $279.61. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. The business has a 50-day moving average of $230.22 and a two-hundred day moving average of $202.28.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.10 by $0.47. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The business had revenue of $4.41 billion during the quarter, compared to analysts’ expectations of $4.28 billion. During the same quarter in the previous year, the business earned $6.13 EPS. The company’s revenue for the quarter was up 8.7% on a year-over-year basis. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 19th will be issued a dividend of $0.40 per share. The ex-dividend date is Wednesday, November 19th. This represents a $1.60 annualized dividend and a dividend yield of 0.6%. Expedia Group’s payout ratio is presently 15.31%.

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.