Expedia Group, Inc. $EXPE Shares Sold by SFE Investment Counsel

SFE Investment Counsel lessened its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 49.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,553 shares of the online travel company’s stock after selling 12,244 shares during the quarter. SFE Investment Counsel’s holdings in Expedia Group were worth $2,898,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Expedia Group during the fourth quarter worth approximately $861,979,000. Wellington Management Group LLP raised its position in Expedia Group by 24,899.5% in the 3rd quarter. Wellington Management Group LLP now owns 1,808,466 shares of the online travel company’s stock valued at $386,560,000 after purchasing an additional 1,801,232 shares during the last quarter. AQR Capital Management LLC raised its position in Expedia Group by 25.0% in the 3rd quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company’s stock valued at $779,275,000 after purchasing an additional 728,063 shares during the last quarter. First Trust Advisors LP boosted its stake in Expedia Group by 594.0% during the 4th quarter. First Trust Advisors LP now owns 583,830 shares of the online travel company’s stock worth $165,405,000 after purchasing an additional 499,706 shares during the period. Finally, Deutsche Bank AG boosted its stake in Expedia Group by 55.0% during the 4th quarter. Deutsche Bank AG now owns 1,286,093 shares of the online travel company’s stock worth $364,363,000 after purchasing an additional 456,176 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Transactions at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 4,702 shares of the company’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 directly owned 105,448 shares in the company, valued at approximately $24,569,384. This represents a 4.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Lance A. Soliday sold 940 shares of Expedia Group stock in a transaction that occurred on Tuesday, May 26th. The shares were 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 currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have commented on EXPE. B. Riley Financial dropped their price objective on shares of Expedia Group from $360.00 to $350.00 and set a “buy” rating on the stock in a research note on Monday, April 27th. Robert W. Baird set a $290.00 target price on shares of Expedia Group in a research note on Friday, May 8th. Zacks Research cut Expedia Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Wall Street Zen raised Expedia Group from a “buy” rating to a “strong-buy” rating in a research note on Sunday, May 10th. Finally, Gordon Haskett decreased their price objective on Expedia Group from $320.00 to $290.00 and set a “buy” rating for the company in a research report on Wednesday, May 13th. Sixteen equities research analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $286.27.

Expedia Group Price Performance

Shares of Expedia Group stock traded up $3.05 during trading on Friday, reaching $270.83. The company’s stock had a trading volume of 1,026,013 shares, compared to its average volume of 1,539,861. The business has a 50 day moving average price of $238.02 and a 200-day moving average price of $245.48. Expedia Group, Inc. has a 12-month low of $174.05 and a 12-month high of $303.80. The company has a market capitalization of $33.19 billion, a P/E ratio of 23.84, a price-to-earnings-growth ratio of 0.71 and a beta of 1.23. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.55. The company had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $3.35 billion. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.Expedia Group’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.40 earnings per share. As a group, sell-side analysts anticipate that Expedia Group, Inc. will post 16.98 EPS for the current year.

Expedia Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, May 28th were issued 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 currently 16.90%.

Expedia Group 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.