Banco Bilbao Vizcaya Argentaria S.A. lowered its stake in Expedia Group, Inc. (NASDAQ:EXPE – Free Report) by 2.4% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 28,539 shares of the online travel company’s stock after selling 696 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Expedia Group were worth $4,814,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently bought and sold shares of the stock. Monetta Financial Services Inc. acquired a new position in shares of Expedia Group in the second quarter valued at approximately $843,000. MV Capital Management Inc. boosted its stake in Expedia Group by 12.6% in the 2nd quarter. MV Capital Management Inc. now owns 850 shares of the online travel company’s stock valued at $143,000 after purchasing an additional 95 shares during the period. Police & Firemen s Retirement System of New Jersey grew its holdings in Expedia Group by 1.6% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 18,265 shares of the online travel company’s stock valued at $3,081,000 after buying an additional 295 shares in the last quarter. Geode Capital Management LLC increased its position in Expedia Group by 1.7% during the 2nd quarter. Geode Capital Management LLC now owns 3,414,935 shares of the online travel company’s stock worth $574,364,000 after buying an additional 58,244 shares during the period. Finally, denkapparat Operations GmbH lifted its holdings in shares of Expedia Group by 16.8% during the second quarter. denkapparat Operations GmbH now owns 4,174 shares of the online travel company’s stock worth $704,000 after buying an additional 600 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In related news, 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 directly owned 33,858 shares in the company, valued at $7,035,015.24. This represents a 8.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Lance A. Soliday sold 852 shares of the stock in a transaction that occurred 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 completion of the transaction, 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 position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 6,852 shares of company stock valued at $1,613,400. Insiders own 9.13% of the company’s stock.
Expedia Group Stock Performance
Expedia Group (NASDAQ:EXPE – Get Free Report) last issued its earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, beating analysts’ consensus estimates of $7.10 by $0.47. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The firm had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter last year, the business posted $6.13 EPS. The company’s revenue was up 8.7% compared to the same quarter last year. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.
Expedia Group Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 19th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Wednesday, November 19th. Expedia Group’s payout ratio is currently 15.31%.
Wall Street Analysts Forecast Growth
EXPE has been the topic of several research reports. Benchmark upped their price target on shares of Expedia Group from $265.00 to $310.00 and gave the company a “buy” rating in a research note on Friday, November 7th. TD Cowen increased their target price on shares of Expedia Group from $220.00 to $256.00 in a research report on Friday, November 7th. Morgan Stanley raised their target price on shares of Expedia Group from $150.00 to $165.00 and gave the stock an “equal weight” rating in a report on Monday, July 21st. CICC Research upgraded Expedia Group from a “market perform” rating to an “outperform” rating and set a $271.00 price target for the company in a research note on Monday, November 10th. Finally, Wedbush increased their price target on Expedia Group from $230.00 to $250.00 and gave the stock a “neutral” rating in a research report on Friday, November 7th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and twenty-two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $262.94.
Get Our Latest Stock Analysis on Expedia Group
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.
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