XTX Topco Ltd Makes New Investment in Expedia Group, Inc. $EXPE

XTX Topco Ltd purchased a new position in Expedia Group, Inc. (NASDAQ:EXPE) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 5,504 shares of the online travel company’s stock, valued at approximately $928,000.

A number of other hedge funds have also modified their holdings of EXPE. Nuveen LLC purchased a new position in shares of Expedia Group during the 1st quarter valued at approximately $227,174,000. AQR Capital Management LLC increased its position in shares of Expedia Group by 174.0% in the 1st quarter. AQR Capital Management LLC now owns 1,444,283 shares of the online travel company’s stock valued at $235,592,000 after purchasing an additional 917,192 shares during the last quarter. LSV Asset Management lifted its stake in Expedia Group by 497.0% during the second quarter. LSV Asset Management now owns 871,837 shares of the online travel company’s stock worth $147,061,000 after purchasing an additional 725,797 shares during the last quarter. Alkeon Capital Management LLC increased its holdings in shares of Expedia Group by 20.2% in the 1st quarter. Alkeon Capital Management LLC now owns 2,375,276 shares of the online travel company’s stock valued at $399,284,000 after acquiring an additional 398,804 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in shares of Expedia Group by 2.7% in the first quarter. Vanguard Group Inc. now owns 15,201,811 shares of the online travel company’s stock valued at $2,555,424,000 after acquiring an additional 394,147 shares in the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Expedia Group

In other news, CAO Lance A. Soliday sold 849 shares of the company’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $248.08, for a total transaction of $210,619.92. Following the transaction, the chief accounting officer directly owned 11,662 shares of the company’s stock, valued at $2,893,108.96. This represents a 6.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $271.55, for a total transaction of $814,650.00. Following the completion of the sale, the director directly owned 30,858 shares of the company’s stock, valued at approximately $8,379,489.90. This trade represents a 8.86% 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 company insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. DA Davidson set a $294.00 target price on shares of Expedia Group in a report on Monday, November 17th. Sanford C. Bernstein set a $210.00 target price on Expedia Group in a research note on Monday, August 11th. Robert W. Baird increased their price target on Expedia Group from $240.00 to $280.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Citigroup raised their target price on Expedia Group from $206.00 to $281.00 and gave the company a “neutral” rating in a report on Tuesday, November 11th. Finally, Benchmark lifted their price objective on Expedia Group from $265.00 to $310.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and twenty-four have assigned a Hold rating to the stock. According to MarketBeat, Expedia Group has an average rating of “Hold” and a consensus target price of $265.31.

Expedia Group Stock Performance

EXPE stock opened at $255.28 on Monday. The firm has a market cap of $31.28 billion, a PE ratio of 31.28, a price-to-earnings-growth ratio of 1.15 and a beta of 1.58. The stock has a 50-day moving average price of $230.22 and a 200-day moving average price of $202.28. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. Expedia Group, Inc. has a 1-year low of $130.01 and a 1-year high of $279.61.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, beating the consensus estimate of $7.10 by $0.47. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The company had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.28 billion. During the same quarter in the prior year, the business earned $6.13 earnings per share. The firm’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, equities research analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Dividend Announcement

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

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.