Expedia Group, Inc. $EXPE Shares Sold by Swedbank AB

Swedbank AB decreased its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 2.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 172,616 shares of the online travel company’s stock after selling 3,512 shares during the quarter. Swedbank AB owned 0.14% of Expedia Group worth $48,904,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in EXPE. Brighton Jones LLC purchased a new position in shares of Expedia Group during the 4th quarter valued at approximately $408,000. NewEdge Advisors LLC lifted its position in shares of Expedia Group by 5.0% during the 1st quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock valued at $917,000 after buying an additional 259 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Expedia Group during the 2nd quarter valued at approximately $596,000. Daiwa Securities Group Inc. lifted its position in shares of Expedia Group by 6.5% during the 2nd quarter. Daiwa Securities Group Inc. now owns 21,265 shares of the online travel company’s stock valued at $3,587,000 after buying an additional 1,290 shares in the last quarter. Finally, AXA S.A. lifted its position in shares of Expedia Group by 5.9% during the 2nd quarter. AXA S.A. now owns 11,042 shares of the online travel company’s stock valued at $1,863,000 after buying an additional 615 shares in the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Insiders Place Their Bets

In other Expedia Group news, insider Robert J. Dzielak sold 8,225 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $220.82, for a total value of $1,816,244.50. Following the transaction, the insider owned 102,480 shares in the company, valued at approximately $22,629,633.60. This trade represents a 7.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 5.20% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on EXPE. Wells Fargo & Company decreased their target price on Expedia Group from $310.00 to $307.00 and set an “equal weight” rating on the stock in a research report on Friday, May 8th. BTIG Research reiterated a “buy” rating and set a $330.00 target price on shares of Expedia Group in a research report on Monday, May 18th. Benchmark decreased their target price on Expedia Group from $310.00 to $290.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. Mizuho decreased their target price on Expedia Group from $270.00 to $245.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 3rd. Finally, Morgan Stanley increased their target price on Expedia Group from $270.00 to $290.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 28th. Sixteen research analysts have rated the stock with a Buy rating and twenty-three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $284.42.

Expedia Group Stock Performance

Shares of EXPE stock opened at $214.65 on Monday. The stock’s fifty day moving average is $236.33 and its two-hundred day moving average is $249.43. 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 capitalization of $26.30 billion, a P/E ratio of 18.90, a PEG ratio of 0.67 and a beta of 1.30. Expedia Group, Inc. has a fifty-two week low of $156.18 and a fifty-two week high of $303.80.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data 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 company had revenue of $3.43 billion for the quarter, compared to analyst estimates of $3.35 billion. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The firm’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.40 EPS. Research analysts expect that Expedia Group, Inc. will post 16.64 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th will be issued a $0.48 dividend. The ex-dividend date is Thursday, May 28th. This represents a $1.92 dividend on an annualized basis and a yield of 0.9%. 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.