Expedia Group, Inc. $EXPE Shares Bought by Intech Investment Management LLC

Intech Investment Management LLC grew its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 166.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,117 shares of the online travel company’s stock after purchasing an additional 9,434 shares during the quarter. Intech Investment Management LLC’s holdings in Expedia Group were worth $2,541,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of EXPE. Brighton Jones LLC acquired a new stake in shares of Expedia Group during the 4th quarter worth approximately $408,000. ProShare Advisors LLC increased its holdings in Expedia Group by 13.5% in the 4th quarter. ProShare Advisors LLC now owns 17,850 shares of the online travel company’s stock valued at $3,326,000 after purchasing an additional 2,122 shares during the last quarter. Point72 Asset Management L.P. acquired a new stake in Expedia Group in the 4th quarter valued at approximately $2,949,000. Rafferty Asset Management LLC increased its holdings in Expedia Group by 8.5% in the 4th quarter. Rafferty Asset Management LLC now owns 12,386 shares of the online travel company’s stock valued at $2,308,000 after purchasing an additional 975 shares during the last quarter. Finally, Silvercrest Asset Management Group LLC increased its holdings in Expedia Group by 14.2% in the 4th quarter. Silvercrest Asset Management Group LLC now owns 13,891 shares of the online travel company’s stock valued at $2,588,000 after purchasing an additional 1,723 shares during the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Stock Up 2.7%

EXPE stock opened at $228.24 on Tuesday. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. The firm has a market capitalization of $28.24 billion, a PE ratio of 27.97, a P/E/G ratio of 1.17 and a beta of 1.57. The company’s 50 day simple moving average is $198.77 and its 200-day simple moving average is $176.86. Expedia Group, Inc. has a 12 month low of $130.01 and a 12 month high of $229.00.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.13 by $0.11. The business had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.70 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.51 earnings per share. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Investors of record on Thursday, August 28th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, August 28th. Expedia Group’s dividend payout ratio (DPR) is presently 19.61%.

Insider Activity at Expedia Group

In related news, insider Robert J. Dzielak sold 2,658 shares of the firm’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $205.57, for a total transaction of $546,405.06. Following the completion of the sale, the insider directly owned 74,417 shares of the company’s stock, valued at approximately $15,297,902.69. This trade represents a 3.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Lance A. Soliday sold 852 shares of the firm’s stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total transaction of $175,409.76. Following the sale, the chief accounting officer directly owned 12,036 shares of the company’s stock, valued at approximately $2,477,971.68. The trade was a 6.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 9,816 shares of company stock valued at $2,009,132. Corporate insiders own 9.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Citigroup boosted their price target on shares of Expedia Group from $177.00 to $206.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 13th. DA Davidson lifted their price objective on shares of Expedia Group from $174.00 to $218.00 and gave the stock a “neutral” rating in a research report on Friday, August 8th. Royal Bank Of Canada boosted their price target on shares of Expedia Group from $180.00 to $200.00 and gave the company a “sector perform” rating in a research report on Friday, August 8th. Susquehanna lifted their price objective on shares of Expedia Group from $175.00 to $200.00 and gave the company a “neutral” rating in a research note on Monday, August 11th. Finally, Truist Financial dropped their price objective on shares of Expedia Group from $175.00 to $168.00 and set a “hold” rating on the stock in a research note on Tuesday, June 24th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $205.63.

Expedia Group Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.