Wealthfront Advisers LLC Has $9.93 Million Stock Holdings in Expedia Group, Inc. $EXPE

Wealthfront Advisers LLC raised its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 73.7% in the 1st quarter, HoldingsChannel reports. The firm owned 43,014 shares of the online travel company’s stock after acquiring an additional 18,252 shares during the quarter. Wealthfront Advisers LLC’s holdings in Expedia Group were worth $9,932,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in EXPE. Motiv8 Investments LLC acquired a new stake in shares of Expedia Group in the 4th quarter valued at about $25,000. Entrust Financial LLC acquired a new position in Expedia Group during the 4th quarter worth approximately $26,000. JFS Wealth Advisors LLC raised its stake in Expedia Group by 78.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after buying an additional 44 shares during the period. Lodestone Wealth Management LLC acquired a new position in Expedia Group during the 4th quarter worth approximately $29,000. Finally, DV Equities LLC bought a new position in Expedia Group in the fourth quarter worth approximately $46,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analyst Ratings Changes

EXPE has been the subject of a number of research reports. Cantor Fitzgerald reissued a “neutral” rating and issued a $240.00 price objective on shares of Expedia Group in a research note on Monday, April 27th. Barclays upped their target price on Expedia Group from $260.00 to $264.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. TD Cowen increased their target price on Expedia Group from $260.00 to $285.00 and gave the stock a “hold” rating in a report on Wednesday, April 22nd. Gordon Haskett reduced their price target on shares of Expedia Group from $320.00 to $290.00 and set a “buy” rating for the company in a research report on Wednesday, May 13th. Finally, Zacks Research downgraded shares of Expedia Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Seventeen investment analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $288.82.

Expedia Group Price Performance

EXPE stock opened at $268.77 on Friday. The company has a market capitalization of $32.94 billion, a P/E ratio of 23.66, a price-to-earnings-growth ratio of 0.71 and a beta of 1.23. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group, Inc. has a 52-week low of $174.05 and a 52-week high of $303.80. The business has a 50-day simple moving average of $240.27 and a two-hundred day simple moving average of $244.78.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.55. The firm had revenue of $3.43 billion during 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 company’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.40 EPS. Research analysts expect that Expedia Group, Inc. will post 16.98 EPS for the current fiscal year.

Expedia Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, May 28th were given a dividend of $0.48 per share. The ex-dividend date of this dividend was Thursday, May 28th. This represents a $1.92 annualized dividend and a dividend yield of 0.7%. Expedia Group’s payout ratio is presently 16.90%.

Insider Activity at Expedia Group

In related news, CAO Lance A. Soliday sold 940 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $221.86, for a total transaction of $208,548.40. Following the completion of the sale, the chief accounting officer owned 14,083 shares in the company, valued at approximately $3,124,454.38. This represents a 6.26% 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, insider Robert J. Dzielak sold 4,702 shares of the stock in a transaction on Friday, June 5th. The shares were sold at an average price of $233.00, for a total value of $1,095,566.00. Following the completion of the sale, the insider directly owned 105,448 shares of the company’s stock, valued at $24,569,384. The trade was a 4.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 5.20% of the stock is owned by insiders.

About Expedia Group

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.