J. Safra Sarasin Holding AG Acquires 2,344 Shares of Expedia Group, Inc. $EXPE

J. Safra Sarasin Holding AG lifted its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 226.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,379 shares of the online travel company’s stock after buying an additional 2,344 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Expedia Group were worth $779,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Motiv8 Investments LLC purchased a new position in Expedia Group during the 4th quarter valued at about $25,000. Entrust Financial LLC bought a new stake in Expedia Group during the fourth quarter worth about $26,000. JFS Wealth Advisors LLC grew its holdings in Expedia Group by 78.6% in the fourth quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after purchasing an additional 44 shares during the period. Lodestone Wealth Management LLC purchased a new stake in Expedia Group in the fourth quarter worth about $29,000. Finally, DV Equities LLC bought a new position in shares of Expedia Group during the fourth quarter valued at approximately $46,000. 90.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on EXPE shares. Citigroup reissued a “neutral” rating on shares of Expedia Group in a research report on Monday, May 18th. B. Riley Financial lowered their price objective on Expedia Group from $360.00 to $350.00 and set a “buy” rating for the company in a research note on Monday, April 27th. Argus boosted their target price on Expedia Group from $270.00 to $315.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Citic Securities cut their target price on Expedia Group from $337.00 to $320.00 and set a “buy” rating on the stock in a research note on Friday, May 15th. Finally, Wall Street Zen upgraded Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Sunday, May 10th. Sixteen investment analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $286.58.

Insider Transactions at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 4,702 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $233.00, for a total value of $1,095,566.00. Following the completion of 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Lance A. Soliday sold 940 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total transaction of $208,548.40. Following the transaction, the chief accounting officer owned 14,083 shares in the company, valued at $3,124,454.38. This represents a 6.26% decrease in their position. The disclosure for this sale is available in the SEC filing. 5.20% of the stock is currently owned by insiders.

Expedia Group Stock Performance

Shares of EXPE opened at $266.28 on Wednesday. The company has a market cap of $32.63 billion, a price-to-earnings ratio of 23.44, a P/E/G ratio of 0.70 and a beta of 1.23. The business’s fifty day simple moving average is $238.72 and its two-hundred day simple moving average is $244.87. Expedia Group, Inc. has a 12 month low of $174.05 and a 12 month high of $303.80. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.43.

Expedia Group (NASDAQ:EXPE) last posted its quarterly 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 firm had revenue of $3.43 billion during 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 company’s revenue was up 14.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.40 earnings per share. Research analysts anticipate that Expedia Group, Inc. will post 16.98 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, May 28th were issued a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 0.7%. The ex-dividend date was Thursday, May 28th. Expedia Group’s dividend payout ratio (DPR) is presently 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.