Sapient Capital LLC Has $14.97 Million Holdings in Expedia Group, Inc. $EXPE

Sapient Capital LLC decreased its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 7.5% in the 1st quarter, Holdings Channel reports. The institutional investor owned 64,876 shares of the online travel company’s stock after selling 5,284 shares during the period. Sapient Capital LLC’s holdings in Expedia Group were worth $14,975,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of EXPE. Motiv8 Investments LLC bought a new position in Expedia Group in the fourth quarter valued at approximately $25,000. Entrust Financial LLC acquired a new position in shares of Expedia Group in the 4th quarter valued at $26,000. Sunbelt Securities Inc. boosted its position in shares of Expedia Group by 970.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock worth $39,000 after purchasing an additional 165 shares during the last quarter. DV Equities LLC acquired a new stake in shares of Expedia Group during the fourth quarter worth $46,000. Finally, Cache Advisors LLC bought a new stake in Expedia Group in the first quarter valued at about $48,000. 90.76% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

EXPE has been the topic of a number of recent analyst reports. Wells Fargo & Company reduced their target price on Expedia Group from $307.00 to $303.00 and set an “equal weight” rating on the stock in a report on Tuesday, June 30th. Dbs Bank raised Expedia Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, May 11th. Barclays increased their price target on shares of Expedia Group from $260.00 to $264.00 and gave the company an “equal weight” rating in a research report on Monday, May 11th. Truist Financial reduced their price objective on shares of Expedia Group from $252.00 to $246.00 and set a “hold” rating on the stock in a research note on Monday, April 6th. Finally, DA Davidson decreased their price objective on shares of Expedia Group from $260.00 to $250.00 and set a “neutral” rating for the company in a report on Friday, May 15th. Seventeen analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Expedia Group has an average rating of “Hold” and a consensus price target of $290.76.

Insiders Place Their Bets

In related news, CAO Lance A. Soliday sold 940 shares of the company’s stock in a transaction on 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 directly owned 14,083 shares of the company’s stock, valued at approximately $3,124,454.38. This represents a 6.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert J. Dzielak sold 4,702 shares of the 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 transaction, 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 position. The disclosure for this sale is available in the SEC filing. 5.20% of the stock is currently owned by corporate insiders.

Expedia Group Price Performance

NASDAQ EXPE opened at $294.74 on Monday. 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 stock has a market cap of $36.12 billion, a price-to-earnings ratio of 25.95, a PEG ratio of 0.77 and a beta of 1.22. The business has a 50 day simple moving average of $252.25 and a 200 day simple moving average of $243.55. Expedia Group, Inc. has a 52-week low of $174.05 and a 52-week high of $312.40.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.55. The firm had revenue of $3.43 billion for the quarter, compared to analyst estimates of $3.35 billion. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The business’s revenue was up 14.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.40 earnings per share. Analysts anticipate that Expedia Group, Inc. will post 17.04 earnings per share for the current fiscal 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 given a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, May 28th. Expedia Group’s payout ratio 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.