MQS Management LLC Makes New Investment in Expedia Group, Inc. $EXPE

MQS Management LLC acquired a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 1,637 shares of the online travel company’s stock, valued at approximately $276,000.

Several other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new stake in shares of Expedia Group during the 4th quarter worth $408,000. GAMMA Investing LLC grew its holdings in shares of Expedia Group by 8.5% during the 1st quarter. GAMMA Investing LLC now owns 2,102 shares of the online travel company’s stock worth $353,000 after purchasing an additional 165 shares in the last quarter. Golden State Wealth Management LLC grew its holdings in shares of Expedia Group by 107.3% during the 1st quarter. Golden State Wealth Management LLC now owns 800 shares of the online travel company’s stock worth $135,000 after purchasing an additional 414 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in shares of Expedia Group by 4.0% during the 1st quarter. Sequoia Financial Advisors LLC now owns 2,508 shares of the online travel company’s stock worth $422,000 after purchasing an additional 96 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Expedia Group by 16.1% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 14,641 shares of the online travel company’s stock worth $2,461,000 after purchasing an additional 2,033 shares in the last quarter. Institutional investors own 90.76% of the company’s stock.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the stock in a transaction dated 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 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Robert J. Dzielak sold 3,306 shares of the stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $200.84, for a total value of $663,977.04. Following the completion of the transaction, the insider owned 77,075 shares of the company’s stock, valued at $15,479,743. This represents a 4.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 9,816 shares of company stock worth $2,009,132. 9.13% of the stock is currently owned by insiders.

Expedia Group Price Performance

Expedia Group stock opened at $222.50 on Tuesday. 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 company has a market capitalization of $27.53 billion, a PE ratio of 27.27, a P/E/G ratio of 1.14 and a beta of 1.56. Expedia Group, Inc. has a 12 month low of $130.01 and a 12 month high of $240.98. The stock has a 50-day moving average price of $217.46 and a two-hundred day moving average price of $187.78.

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

Expedia Group Announces Dividend

The company also recently announced 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 (DPR) is currently 19.61%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on EXPE. B. Riley increased their target price on Expedia Group from $222.00 to $260.00 and gave the stock a “buy” rating in a report on Friday, August 8th. Wedbush increased their target price on Expedia Group from $220.00 to $230.00 and gave the stock a “neutral” rating in a report on Wednesday, October 22nd. Royal Bank Of Canada increased their target price on Expedia Group from $180.00 to $200.00 and gave the stock a “sector perform” rating in a report on Friday, August 8th. Susquehanna increased their target price on Expedia Group from $175.00 to $200.00 and gave the stock a “neutral” rating in a report on Monday, August 11th. Finally, Benchmark raised their price objective on Expedia Group from $215.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty-two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Expedia Group presently has an average rating of “Hold” and a consensus target price of $214.29.

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.