Deseret Mutual Benefit Administrators Buys 148 Shares of Expedia Group, Inc. $EXPE

Deseret Mutual Benefit Administrators increased its position in Expedia Group, Inc. (NASDAQ:EXPE) by 80.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 331 shares of the online travel company’s stock after purchasing an additional 148 shares during the quarter. Deseret Mutual Benefit Administrators’ holdings in Expedia Group were worth $56,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EXPE. McClarren Financial Advisors Inc. bought a new position in Expedia Group in the first quarter worth $28,000. Atlas Capital Advisors Inc. bought a new position in Expedia Group in the first quarter worth $28,000. GFG Capital LLC bought a new position in Expedia Group in the second quarter worth $29,000. Trust Co. of Toledo NA OH bought a new position in Expedia Group in the second quarter worth $31,000. Finally, Park Square Financial Group LLC bought a new position in Expedia Group in the first quarter worth $34,000. 90.76% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on EXPE shares. Mizuho assumed coverage on Expedia Group in a research report on Tuesday, September 30th. They issued a “neutral” rating and a $240.00 target price for the company. Royal Bank Of Canada increased their price objective on Expedia Group from $180.00 to $200.00 and gave the stock a “sector perform” rating in a research note on Friday, August 8th. Benchmark increased their price objective on Expedia Group from $215.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Jefferies Financial Group increased their price objective on Expedia Group from $210.00 to $220.00 and gave the stock a “hold” rating in a research note on Friday, October 17th. Finally, Oppenheimer reiterated an “outperform” 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 assigned a Buy rating, twenty-two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $214.29.

Expedia Group Price Performance

Shares of EXPE opened at $225.30 on Wednesday. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. Expedia Group, Inc. has a 1 year low of $130.01 and a 1 year high of $240.98. The stock has a market cap of $27.87 billion, a P/E ratio of 27.61, a price-to-earnings-growth ratio of 1.16 and a beta of 1.56. The stock’s 50-day moving average price is $217.80 and its two-hundred day moving average price is $188.31.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data 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. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. 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 company earned $3.51 EPS. The firm’s quarterly revenue was up 6.4% on a year-over-year basis. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Dividend Announcement

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

Insider Activity

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 transaction 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert J. Dzielak sold 3,306 shares of the business’s 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 sale, the insider owned 77,075 shares in the company, valued at approximately $15,479,743. This trade represents a 4.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 9,816 shares of company stock worth $2,009,132 over the last quarter. 9.13% of the stock is currently owned by company insiders.

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.