Cwm LLC Increases Stock Position in Expedia Group, Inc. $EXPE

Cwm LLC grew its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 101.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 99,888 shares of the online travel company’s stock after purchasing an additional 50,380 shares during the period. Cwm LLC owned approximately 0.08% of Expedia Group worth $21,351,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of EXPE. First Horizon Advisors Inc. grew its holdings in Expedia Group by 4.3% during the second quarter. First Horizon Advisors Inc. now owns 1,346 shares of the online travel company’s stock worth $227,000 after acquiring an additional 55 shares during the period. New York Life Investment Management LLC boosted its position in shares of Expedia Group by 0.4% during the 2nd quarter. New York Life Investment Management LLC now owns 16,789 shares of the online travel company’s stock worth $2,832,000 after purchasing an additional 64 shares in the last quarter. Hohimer Wealth Management LLC grew its stake in shares of Expedia Group by 0.3% during the 2nd quarter. Hohimer Wealth Management LLC now owns 26,831 shares of the online travel company’s stock worth $4,526,000 after purchasing an additional 68 shares during the period. Consilio Wealth Advisors LLC increased its holdings in shares of Expedia Group by 4.1% in the 2nd quarter. Consilio Wealth Advisors LLC now owns 1,786 shares of the online travel company’s stock valued at $305,000 after purchasing an additional 71 shares in the last quarter. Finally, Benjamin Edwards Inc. lifted its stake in shares of Expedia Group by 4.3% in the second quarter. Benjamin Edwards Inc. now owns 1,916 shares of the online travel company’s stock valued at $323,000 after purchasing an additional 79 shares during the period. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Trading Up 0.3%

Shares of Expedia Group stock opened at $287.56 on Friday. Expedia Group, Inc. has a 1 year low of $130.01 and a 1 year high of $292.42. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.74 and a quick ratio of 0.74. The business has a 50 day moving average price of $253.63 and a 200 day moving average price of $217.34. The company has a market capitalization of $35.23 billion, a P/E ratio of 27.52, a P/E/G ratio of 1.30 and a beta of 1.44.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, topping the consensus estimate of $7.10 by $0.47. Expedia Group had a return on equity of 64.15% and a net margin of 9.66%.The company had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter last year, the business posted $6.13 earnings per share. Expedia Group’s revenue was up 8.7% compared to the same quarter last year. Sell-side analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Investors of record on Wednesday, November 19th were paid a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, November 19th. This represents a $1.60 annualized dividend and a yield of 0.6%. Expedia Group’s payout ratio is presently 15.31%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Barclays upped their target price on shares of Expedia Group from $197.00 to $220.00 and gave the stock an “equal weight” rating in a research report on Friday, November 7th. JPMorgan Chase & Co. lifted their price target on shares of Expedia Group from $225.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday, November 7th. BMO Capital Markets raised their price objective on Expedia Group from $205.00 to $250.00 in a research note on Friday, November 7th. Wedbush raised their price objective on Expedia Group from $250.00 to $290.00 and gave the company a “neutral” rating in a research note on Friday, December 19th. Finally, The Goldman Sachs Group lifted their price objective on Expedia Group from $253.00 to $295.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and twenty-four have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $270.66.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, Director Madhumita Moina Banerjee sold 1,000 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $258.00, for a total value of $258,000.00. Following the transaction, the director directly owned 2,916 shares in the company, valued at approximately $752,328. This represents a 25.54% 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 849 shares of Expedia Group stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $248.08, for a total transaction of $210,619.92. Following the sale, the chief accounting officer owned 11,662 shares of the company’s stock, valued at approximately $2,893,108.96. This trade represents a 6.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 4,849 shares of company stock worth $1,283,270. Corporate insiders own 9.13% of the company’s stock.

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.