Expedia Group, Inc. $EXPE Shares Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC grew its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 5.6% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,791 shares of the online travel company’s stock after purchasing an additional 3,093 shares during the period. Commonwealth Equity Services LLC’s holdings in Expedia Group were worth $12,566,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of EXPE. First Horizon Advisors Inc. raised its holdings in shares of Expedia Group by 4.3% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,346 shares of the online travel company’s stock valued at $227,000 after buying an additional 55 shares during the period. Blue Trust Inc. grew its position in Expedia Group by 8.0% in the 3rd quarter. Blue Trust Inc. now owns 745 shares of the online travel company’s stock valued at $159,000 after acquiring an additional 55 shares in the last quarter. New York Life Investment Management LLC increased its stake in Expedia Group by 0.4% during the second 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 during the period. Hohimer Wealth Management LLC increased its stake in Expedia Group by 0.3% during the second 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. Finally, Consilio Wealth Advisors LLC lifted its position in shares of Expedia Group by 4.1% during the second quarter. Consilio Wealth Advisors LLC now owns 1,786 shares of the online travel company’s stock worth $305,000 after purchasing an additional 71 shares in the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Expedia Group Stock Down 1.7%

Expedia Group stock opened at $296.33 on Friday. The stock has a market cap of $36.31 billion, a PE ratio of 28.36, a P/E/G ratio of 1.07 and a beta of 1.43. 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 stock’s fifty day moving average is $267.43 and its two-hundred day moving average is $226.02. Expedia Group, Inc. has a 1-year low of $130.01 and a 1-year high of $303.80.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) 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 business had revenue of $4.41 billion during the quarter, compared to analysts’ expectations of $4.28 billion. During the same period in the prior year, the firm posted $6.13 EPS. The business’s quarterly revenue was up 8.7% compared to the same quarter last year. On average, sell-side analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 11th. Shareholders of record on Wednesday, November 19th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.5%. The ex-dividend date was Wednesday, November 19th. Expedia Group’s dividend payout ratio is currently 15.31%.

Insiders Place Their Bets

In related news, Director Madhumita Moina Banerjee sold 1,000 shares of the stock in a transaction on 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 of the company’s stock, valued at $752,328. This trade represents a 25.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Lance A. Soliday sold 849 shares of Expedia Group stock in a transaction on 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 in the company, valued at $2,893,108.96. This represents a 6.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 4,849 shares of company stock valued at $1,283,270. 9.13% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Benchmark lifted their price objective on shares of Expedia Group from $265.00 to $310.00 and gave the company a “buy” rating in a report on Friday, November 7th. Bank of America raised their price target on shares of Expedia Group from $285.00 to $326.00 and gave the company a “buy” rating in a research report on Friday, December 19th. Susquehanna upped their price objective on Expedia Group from $200.00 to $265.00 and gave the stock a “neutral” rating in a research report on Monday, November 10th. Rothschild & Co Redburn increased their price objective on Expedia Group from $290.00 to $350.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Finally, Barclays boosted their target price on Expedia Group from $197.00 to $220.00 and gave the stock an “equal weight” rating in a research note on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and twenty-four have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $278.68.

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.