Parallel Advisors LLC Has $287,000 Stock Position in Expedia Group, Inc. $EXPE

Parallel Advisors LLC boosted its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 10.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 1,700 shares of the online travel company’s stock after buying an additional 165 shares during the period. Parallel Advisors LLC’s holdings in Expedia Group were worth $287,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Hunter Associates Investment Management LLC grew its stake in Expedia Group by 10.2% in the 1st quarter. Hunter Associates Investment Management LLC now owns 29,950 shares of the online travel company’s stock valued at $5,051,000 after buying an additional 2,776 shares during the last quarter. OMNI 360 Wealth Inc. bought a new stake in Expedia Group in the 2nd quarter valued at about $325,000. Praxis Investment Management Inc. boosted its holdings in Expedia Group by 63.5% in the 1st quarter. Praxis Investment Management Inc. now owns 4,610 shares of the online travel company’s stock valued at $775,000 after purchasing an additional 1,790 shares during the period. Korea Investment CORP boosted its holdings in Expedia Group by 55.1% in the 1st quarter. Korea Investment CORP now owns 177,934 shares of the online travel company’s stock valued at $29,911,000 after purchasing an additional 63,244 shares during the period. Finally, Monument Capital Management bought a new stake in Expedia Group in the 1st quarter valued at about $2,261,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $222.43 on Monday. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. Expedia Group, Inc. has a one year low of $130.01 and a one year high of $229.00. The firm has a 50 day simple moving average of $202.25 and a 200 day simple moving average of $177.82. The company has a market cap of $27.52 billion, a price-to-earnings ratio of 27.26, a PEG ratio of 1.17 and a beta of 1.57.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results 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. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The firm had revenue of $3.79 billion during the quarter, compared to analysts’ expectations of $3.70 billion. During the same period in the prior year, the company posted $3.51 EPS. The company’s revenue was up 6.4% on a year-over-year basis. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Research analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.7%. The ex-dividend date was Thursday, August 28th. Expedia Group’s dividend payout ratio is 19.61%.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 3,306 shares of the company’s stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $200.84, for a total value of $663,977.04. Following the completion of the transaction, the insider directly owned 77,075 shares in the company, valued at approximately $15,479,743. This represents a 4.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Craig A. Jacobson sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total transaction of $623,340.00. Following the completion of the transaction, the director owned 33,858 shares of the company’s stock, valued at approximately $7,035,015.24. This trade represents a 8.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,816 shares of company stock worth $2,009,132. 9.13% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on EXPE. Bank of America boosted their price objective on shares of Expedia Group from $211.00 to $240.00 and gave the company a “buy” rating in a report on Friday, August 8th. Barclays boosted their price objective on shares of Expedia Group from $190.00 to $197.00 and gave the company an “equal weight” rating in a report on Friday, August 8th. DA Davidson boosted their price objective on shares of Expedia Group from $174.00 to $218.00 and gave the company a “neutral” rating in a report on Friday, August 8th. Wedbush boosted their price objective on shares of Expedia Group from $175.00 to $220.00 and gave the company a “neutral” rating in a report on Friday, August 8th. Finally, Cowen reissued a “hold” rating on shares of Expedia Group in a report on Friday, August 8th. Three research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Expedia Group has a consensus rating of “Hold” and an average target price of $205.63.

About Expedia Group

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.