4,000 Shares in Expedia Group, Inc. $EXPE Purchased by RBF Capital LLC

RBF Capital LLC acquired a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the 1st quarter, HoldingsChannel reports. The institutional investor acquired 4,000 shares of the online travel company’s stock, valued at approximately $924,000.

A number of other hedge funds also recently bought and sold shares of EXPE. Windacre Partnership LLC boosted its holdings in shares of Expedia Group by 9.2% in the third quarter. Windacre Partnership LLC now owns 3,682,100 shares of the online travel company’s stock worth $787,049,000 after buying an additional 309,900 shares during the period. AQR Capital Management LLC raised its holdings in shares of Expedia Group by 25.0% during the third quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company’s stock valued at $779,275,000 after acquiring an additional 728,063 shares during the period. Invesco Ltd. lifted its position in shares of Expedia Group by 8.0% in the 3rd quarter. Invesco Ltd. now owns 3,122,842 shares of the online travel company’s stock valued at $667,507,000 after acquiring an additional 230,176 shares in the last quarter. Norges Bank acquired a new position in Expedia Group in the 4th quarter worth approximately $861,979,000. Finally, Wellington Management Group LLP boosted its stake 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 worth $386,560,000 after purchasing an additional 1,801,232 shares during the period. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Robert J. Dzielak sold 4,702 shares of Expedia Group stock in a transaction on Friday, June 5th. The stock was sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the completion of the sale, the insider owned 105,448 shares of the company’s stock, valued at approximately $24,569,384. This trade represents a 4.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Lance A. Soliday sold 940 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total value of $208,548.40. Following the completion of the transaction, the chief accounting officer owned 14,083 shares in the company, valued at $3,124,454.38. This trade represents a 6.26% decrease in their position. The SEC filing for this sale provides additional information. 5.20% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have issued reports on EXPE shares. Dbs Bank raised shares of Expedia Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, May 11th. Robert W. Baird raised their target price on Expedia Group from $290.00 to $294.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. BTIG Research reiterated a “buy” rating and set a $330.00 price target on shares of Expedia Group in a report on Tuesday, June 9th. Weiss Ratings lowered Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Finally, Jefferies Financial Group increased their price objective on Expedia Group from $300.00 to $310.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Seventeen investment analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the company. Based on data from MarketBeat, Expedia Group presently has an average rating of “Hold” and a consensus price target of $288.64.

Expedia Group Stock Up 2.9%

Expedia Group stock opened at $304.27 on Thursday. Expedia Group, Inc. has a twelve month low of $174.05 and a twelve month high of $312.40. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current ratio of 0.73. The firm has a market cap of $37.29 billion, a PE ratio of 26.78, a P/E/G ratio of 0.77 and a beta of 1.23. The firm’s 50 day moving average price is $249.15 and its two-hundred day moving average price is $243.55.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The company had revenue of $3.43 billion during the quarter, compared to analyst estimates of $3.35 billion. During the same quarter last year, the business posted $0.40 EPS. The company’s revenue for the quarter was up 14.7% on a year-over-year basis. On average, research analysts predict that Expedia Group, Inc. will post 17.04 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The company 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. This represents a $1.92 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Thursday, May 28th. Expedia Group’s dividend payout ratio (DPR) is currently 16.90%.

Expedia Group Company 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.