AlphaQuest LLC Acquires 2,460 Shares of Expedia Group, Inc. $EXPE

AlphaQuest LLC lifted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 189.2% in the 2nd quarter, HoldingsChannel reports. The fund owned 3,760 shares of the online travel company’s stock after purchasing an additional 2,460 shares during the period. AlphaQuest LLC’s holdings in Expedia Group were worth $634,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. McClarren Financial Advisors Inc. bought a new stake in shares of Expedia Group during the first quarter worth about $28,000. Atlas Capital Advisors Inc. bought a new stake in shares of Expedia Group during the first quarter worth about $28,000. GFG Capital LLC bought a new stake in shares of Expedia Group during the second quarter worth about $29,000. Trust Co. of Toledo NA OH bought a new stake in shares of Expedia Group during the second quarter worth about $31,000. Finally, Park Square Financial Group LLC bought a new stake in shares of Expedia Group during the first quarter worth about $34,000. 90.76% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Truist Financial set a $210.00 target price on shares of Expedia Group in a research report on Monday. Wedbush upped their price objective on shares of Expedia Group from $220.00 to $230.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 22nd. Oppenheimer reaffirmed an “outperform” rating on shares of Expedia Group in a research report on Friday, August 8th. UBS Group upped their price objective on shares of Expedia Group from $209.00 to $234.00 and gave the stock a “neutral” rating in a research report on Friday. Finally, Wall Street Zen raised shares of Expedia Group from a “hold” rating to a “buy” rating in a research report on Monday, July 28th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $214.29.

Insider Buying and Selling

In related news, Director Craig A. Jacobson sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total transaction of $623,340.00. Following the sale, the director owned 33,858 shares of the company’s stock, valued at approximately $7,035,015.24. This represents a 8.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Robert J. Dzielak sold 2,658 shares of the stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total transaction of $546,405.06. Following the completion of the transaction, the insider directly owned 74,417 shares in the company, valued at $15,297,902.69. The trade was a 3.45% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 9,816 shares of company stock valued at $2,009,132. Company insiders own 9.13% of the company’s stock.

Expedia Group Stock Performance

Shares of EXPE stock opened at $222.50 on Tuesday. The stock has a market capitalization of $27.53 billion, a P/E ratio of 27.27, a PEG ratio of 1.14 and a beta of 1.56. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. The firm’s 50 day moving average is $217.46 and its 200 day moving average is $187.78. Expedia Group, Inc. has a 12 month low of $130.01 and a 12 month high of $240.98.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 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 net margin of 7.94% and a return on equity of 56.25%. Expedia Group’s revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the company posted $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, August 28th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, August 28th. Expedia Group’s dividend payout ratio is 19.61%.

Expedia Group 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.