Donoghue Forlines LLC Invests $2.15 Million in Expedia Group, Inc. $EXPE

Donoghue Forlines LLC bought a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 10,077 shares of the online travel company’s stock, valued at approximately $2,154,000.

Other large investors also recently bought and sold shares of the company. Norges Bank acquired a new stake in Expedia Group in the second quarter valued at approximately $663,882,000. AQR Capital Management LLC lifted its position in shares of Expedia Group by 102.0% during the 2nd quarter. AQR Capital Management LLC now owns 2,917,669 shares of the online travel company’s stock valued at $492,152,000 after buying an additional 1,473,386 shares in the last quarter. LSV Asset Management grew its stake in Expedia Group by 497.0% in the 2nd quarter. LSV Asset Management now owns 871,837 shares of the online travel company’s stock valued at $147,061,000 after acquiring an additional 725,797 shares during the period. Meridiem Capital Partners LP purchased a new stake in Expedia Group in the 2nd quarter worth $26,131,000. Finally, Natixis increased its holdings in Expedia Group by 1,175.3% in the 2nd quarter. Natixis now owns 166,372 shares of the online travel company’s stock worth $28,064,000 after acquiring an additional 153,326 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Buying and Selling

In related news, Director Madhumita Moina Banerjee sold 1,000 shares of the firm’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $258.00, for a total transaction of $258,000.00. Following the completion of the sale, the director directly owned 2,916 shares in the company, valued at approximately $752,328. This trade represents a 25.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Craig A. Jacobson sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $271.55, for a total value of $814,650.00. Following the completion of the transaction, the director owned 30,858 shares in the company, valued at $8,379,489.90. This represents a 8.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 4,849 shares of company stock worth $1,283,270. Insiders own 9.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on EXPE shares. Royal Bank Of Canada increased their price objective on shares of Expedia Group from $260.00 to $290.00 and gave the company a “sector perform” rating in a report on Wednesday, December 17th. Evercore ISI raised their price target on shares of Expedia Group from $280.00 to $350.00 and gave the company an “outperform” rating in a research note on Tuesday, November 25th. Wall Street Zen lowered Expedia Group from a “strong-buy” rating to a “buy” rating in a research note on Sunday, January 11th. Oppenheimer raised their target price on Expedia Group from $250.00 to $290.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Finally, Jefferies Financial Group lifted their price target on Expedia Group from $270.00 to $285.00 and gave the stock a “hold” rating in a research note on Thursday, December 11th. One research 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’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $288.32.

Expedia Group Price Performance

EXPE stock opened at $285.11 on Friday. Expedia Group, Inc. has a 1 year low of $130.01 and a 1 year high of $303.80. 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 firm has a market capitalization of $34.93 billion, a PE ratio of 27.28, a price-to-earnings-growth ratio of 1.03 and a beta of 1.43. The business has a 50 day simple moving average of $274.27 and a 200-day simple moving average of $230.32.

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

Expedia Group Dividend Announcement

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

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.