Jackson Thornton Wealth Management LLC Takes Position in Expedia Group, Inc. $EXPE

Jackson Thornton Wealth Management LLC bought a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 1,352 shares of the online travel company’s stock, valued at approximately $240,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hunter Associates Investment Management LLC boosted its stake in shares of Expedia Group by 10.2% during the 1st quarter. Hunter Associates Investment Management LLC now owns 29,950 shares of the online travel company’s stock valued at $5,051,000 after buying an additional 2,776 shares during the last quarter. OMNI 360 Wealth Inc. purchased a new position in shares of Expedia Group during the 2nd quarter valued at approximately $325,000. Korea Investment CORP boosted its stake in shares of Expedia Group by 55.1% during the 1st quarter. Korea Investment CORP now owns 177,934 shares of the online travel company’s stock valued at $29,911,000 after buying an additional 63,244 shares during the last quarter. Monument Capital Management purchased a new position in shares of Expedia Group during the 1st quarter valued at approximately $2,261,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in shares of Expedia Group by 19.0% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 15,838 shares of the online travel company’s stock valued at $2,662,000 after buying an additional 2,534 shares during the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Expedia Group

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

Expedia Group Stock Performance

EXPE stock opened at $218.25 on Tuesday. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. The stock has a market capitalization of $27.00 billion, a price-to-earnings ratio of 26.75, a PEG ratio of 1.12 and a beta of 1.56. Expedia Group, Inc. has a 1 year low of $130.01 and a 1 year high of $240.98. The stock’s fifty day moving average is $215.95 and its two-hundred day moving average is $185.17.

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

Expedia Group Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Citigroup increased their target price on Expedia Group from $177.00 to $206.00 and gave the company a “neutral” rating in a research note on Wednesday, August 13th. Susquehanna raised their price objective on Expedia Group from $175.00 to $200.00 and gave the stock a “neutral” rating in a research note on Monday, August 11th. UBS Group raised their price objective on Expedia Group from $182.00 to $209.00 and gave the stock a “neutral” rating in a research note on Friday, August 8th. Morgan Stanley raised their price objective on Expedia Group from $150.00 to $165.00 and gave the stock an “equal weight” rating in a research note on Monday, July 21st. Finally, Barclays raised their price objective on Expedia Group from $190.00 to $197.00 and gave the stock an “equal weight” rating in a research note on Friday, August 8th. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $211.22.

About Expedia Group

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.