Expedia Group, Inc. $EXPE Shares Sold by Integrated Advisors Network LLC

Integrated Advisors Network LLC cut its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 75.0% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 957 shares of the online travel company’s stock after selling 2,864 shares during the period. Integrated Advisors Network LLC’s holdings in Expedia Group were worth $221,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Motiv8 Investments LLC purchased a new position in Expedia Group during the fourth quarter worth approximately $25,000. Entrust Financial LLC purchased a new stake in shares of Expedia Group in the fourth quarter valued at approximately $26,000. JFS Wealth Advisors LLC raised its stake in shares of Expedia Group by 78.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after buying an additional 44 shares during the period. Lodestone Wealth Management LLC purchased a new position in shares of Expedia Group during the 4th quarter valued at approximately $29,000. Finally, Sunbelt Securities Inc. grew its stake in Expedia Group by 970.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock valued at $39,000 after acquiring an additional 165 shares during the period. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Insider Buying and Selling at Expedia Group

In other news, insider Robert J. Dzielak sold 4,702 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the transaction, the insider owned 105,448 shares of the company’s stock, valued at approximately $24,569,384. The trade was a 4.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Lance A. Soliday sold 940 shares of the firm’s 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 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. 5.20% of the stock is owned by corporate insiders.

Expedia Group Price Performance

NASDAQ EXPE traded up $3.05 during trading hours on Friday, hitting $270.83. 1,026,013 shares of the company’s stock traded hands, compared to its average volume of 1,539,861. The company has a market capitalization of $33.19 billion, a PE ratio of 23.84, a PEG ratio of 0.71 and a beta of 1.23. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.73 and a quick ratio of 0.73. Expedia Group, Inc. has a 52-week low of $174.05 and a 52-week high of $303.80. The firm’s 50-day moving average is $238.02 and its 200-day moving average is $245.48.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.55. The business had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $3.35 billion. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The business’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.40 EPS. Equities analysts forecast that Expedia Group, Inc. will post 16.98 EPS for the current fiscal year.

Expedia Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th were paid a dividend of $0.48 per share. The ex-dividend date of this dividend was Thursday, May 28th. This represents a $1.92 dividend on an annualized basis and a yield of 0.7%. Expedia Group’s payout ratio is 16.90%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on EXPE. TD Cowen upped their price objective on shares of Expedia Group from $260.00 to $285.00 and gave the stock a “hold” rating in a research report on Wednesday, April 22nd. Piper Sandler boosted their target price on shares of Expedia Group from $225.00 to $245.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. BTIG Research restated a “buy” rating and set a $330.00 price target on shares of Expedia Group in a research report on Tuesday, June 9th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $240.00 price target on shares of Expedia Group in a research note on Monday, April 27th. Finally, UBS Group cut their price objective on Expedia Group from $266.00 to $262.00 and set a “neutral” rating for the company in a research note on Friday, May 8th. Sixteen equities research analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $286.27.

About Expedia Group

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.