Chicago Partners Investment Group LLC Acquires 3,758 Shares of Expedia Group, Inc. $EXPE

Chicago Partners Investment Group LLC raised its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 87.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,060 shares of the online travel company’s stock after purchasing an additional 3,758 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Expedia Group were worth $1,816,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Spire Wealth Management grew its position in Expedia Group by 114.3% during the second quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock valued at $25,000 after buying an additional 80 shares during the period. GFG Capital LLC purchased a new position in Expedia Group in the second quarter valued at about $29,000. Grey Fox Wealth Advisors LLC purchased a new position in Expedia Group in the third quarter valued at about $30,000. Trust Co. of Toledo NA OH bought a new position in shares of Expedia Group during the 2nd quarter valued at approximately $31,000. Finally, SOA Wealth Advisors LLC. bought a new position in shares of Expedia Group during the 3rd quarter valued at approximately $36,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, 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 completion of 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. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Madhumita Moina Banerjee sold 1,000 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $258.00, for a total value of $258,000.00. Following the transaction, the director owned 2,916 shares of the company’s stock, valued at approximately $752,328. The trade was a 25.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 4,849 shares of company stock worth $1,283,270. Corporate insiders own 9.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on EXPE shares. Benchmark increased their price objective on Expedia Group from $265.00 to $310.00 and gave the company a “buy” rating in a report on Friday, November 7th. TD Cowen increased their price target on Expedia Group from $220.00 to $256.00 in a research note on Friday, November 7th. Morgan Stanley lifted their price objective on Expedia Group from $180.00 to $270.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 13th. Wedbush upped their price objective on shares of Expedia Group from $250.00 to $290.00 and gave the company a “neutral” rating in a report on Friday, December 19th. Finally, Evercore ISI increased their target price on shares of Expedia Group from $280.00 to $350.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 25th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and twenty-two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $289.13.

Expedia Group Stock Up 3.0%

EXPE stock opened at $279.66 on Friday. The stock has a 50-day simple moving average of $274.95 and a two-hundred day simple moving average of $232.78. Expedia Group, Inc. has a twelve month low of $130.01 and a twelve month high of $303.80. The firm has a market capitalization of $34.27 billion, a PE ratio of 26.76, a PEG ratio of 0.87 and a beta of 1.43. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.72.

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

Expedia Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 11th. Stockholders 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 annualized dividend and a dividend yield of 0.6%. Expedia Group’s dividend payout ratio is presently 15.31%.

Expedia Group Profile

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.