Expedia Group, Inc. $EXPE Shares Sold by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC trimmed its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 0.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,455 shares of the online travel company’s stock after selling 334 shares during the quarter. Chevy Chase Trust Holdings LLC’s holdings in Expedia Group were worth $10,872,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Altman Advisors Inc. boosted its holdings in Expedia Group by 0.5% in the first quarter. Altman Advisors Inc. now owns 13,338 shares of the online travel company’s stock valued at $2,093,000 after purchasing an additional 65 shares in the last quarter. Consilio Wealth Advisors LLC boosted its holdings in Expedia Group by 4.1% in the second 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. Horizon Investments LLC boosted its holdings in Expedia Group by 4.4% in the first quarter. Horizon Investments LLC now owns 1,780 shares of the online travel company’s stock valued at $299,000 after purchasing an additional 75 shares in the last quarter. Moody National Bank Trust Division lifted its stake in Expedia Group by 1.7% in the second quarter. Moody National Bank Trust Division now owns 4,868 shares of the online travel company’s stock valued at $821,000 after buying an additional 80 shares during the last quarter. Finally, SVB Wealth LLC lifted its stake in Expedia Group by 3.6% in the first quarter. SVB Wealth LLC now owns 2,408 shares of the online travel company’s stock valued at $405,000 after buying an additional 84 shares during the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

EXPE has been the subject of a number of research reports. Morgan Stanley boosted their price objective on Expedia Group from $150.00 to $165.00 and gave the company an “equal weight” rating in a research note on Monday, July 21st. Sanford C. Bernstein set a $210.00 price objective on Expedia Group in a research note on Monday, August 11th. Citigroup boosted their price objective on Expedia Group from $177.00 to $206.00 and gave the company a “neutral” rating in a research note on Wednesday, August 13th. Wall Street Zen upgraded Expedia Group from a “hold” rating to a “buy” rating in a research note on Monday, July 28th. Finally, Cowen reiterated a “hold” rating on shares of Expedia Group in a research note on Friday, August 8th. Three research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $211.22.

Expedia Group Price Performance

Expedia Group stock opened at $214.76 on Monday. Expedia Group, Inc. has a 12 month low of $130.01 and a 12 month high of $240.98. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. The business has a 50 day simple moving average of $215.44 and a 200-day simple moving average of $184.64. The stock has a market capitalization of $26.57 billion, a PE ratio of 26.32, a price-to-earnings-growth ratio of 1.12 and a beta of 1.56.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, topping the consensus estimate of $4.13 by $0.11. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The business had revenue of $3.79 billion during the quarter, compared to analysts’ expectations of $3.70 billion. During the same quarter in the prior year, the business earned $3.51 earnings per share. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th were given a $0.40 dividend. The ex-dividend date was Thursday, August 28th. This represents a $1.60 annualized dividend and a yield of 0.7%. Expedia Group’s dividend payout ratio is presently 19.61%.

Insiders Place Their Bets

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total value of $623,340.00. Following the completion of the transaction, the director owned 33,858 shares in the company, valued at approximately $7,035,015.24. This represents a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Lance A. Soliday sold 852 shares of the stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the transaction, the chief accounting officer owned 12,036 shares of the company’s stock, valued at $2,477,971.68. The trade was a 6.61% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 9,816 shares of company stock worth $2,009,132. 9.13% of the stock is owned by corporate insiders.

Expedia Group Company 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.