Envestnet Asset Management Inc. Purchases 22,091 Shares of Expedia Group, Inc. $EXPE

Envestnet Asset Management Inc. increased its position in Expedia Group, Inc. (NASDAQ:EXPE) by 11.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 208,855 shares of the online travel company’s stock after acquiring an additional 22,091 shares during the period. Envestnet Asset Management Inc. owned about 0.16% of Expedia Group worth $35,230,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. McClarren Financial Advisors Inc. purchased a new position in Expedia Group during the first quarter valued at $28,000. Atlas Capital Advisors Inc. purchased a new position in Expedia Group during the first quarter valued at $28,000. GFG Capital LLC purchased a new position in Expedia Group during the second quarter valued at $29,000. Trust Co. of Toledo NA OH purchased a new position in Expedia Group during the second quarter valued at $31,000. Finally, Park Square Financial Group LLC purchased a new position in Expedia Group during the first quarter valued at $34,000. Institutional investors own 90.76% of the company’s stock.

Expedia Group Trading Down 0.2%

Shares of EXPE stock opened at $220.00 on Monday. Expedia Group, Inc. has a 12-month low of $130.01 and a 12-month high of $240.98. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. The stock’s 50-day moving average price is $218.49 and its 200-day moving average price is $190.04. The stock has a market capitalization of $27.22 billion, a price-to-earnings ratio of 26.96, a price-to-earnings-growth ratio of 1.15 and a beta of 1.56.

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

Expedia Group Announces Dividend

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

Insider Transactions at Expedia Group

In other news, CAO Lance A. Soliday sold 852 shares of Expedia Group stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total value 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Craig A. Jacobson sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total value of $623,340.00. Following the sale, the director directly owned 33,858 shares in the company, valued at $7,035,015.24. The trade was a 8.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 9,816 shares of company stock valued at $2,009,132. 9.13% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Piper Sandler lifted their target price on Expedia Group from $135.00 to $190.00 and gave the company an “underweight” rating in a research report on Friday, August 8th. B. Riley lifted their target price on Expedia Group from $222.00 to $260.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Bank of America boosted their price objective on Expedia Group from $211.00 to $240.00 and gave the company a “buy” rating in a research report on Friday, August 8th. KeyCorp assumed coverage on Expedia Group in a research report on Wednesday, October 22nd. They issued a “sector weight” rating on the stock. Finally, Morgan Stanley boosted their price objective on Expedia Group from $150.00 to $165.00 and gave the company an “equal weight” rating in a research report on Monday, July 21st. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty-two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $214.29.

Expedia Group Company 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.