Expedia Group, Inc. $EXPE Shares Sold by OVERSEA CHINESE BANKING Corp Ltd

OVERSEA CHINESE BANKING Corp Ltd decreased its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 56.5% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 1,843 shares of the online travel company’s stock after selling 2,393 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Expedia Group were worth $311,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. McClarren Financial Advisors Inc. acquired a new position in shares of Expedia Group during the first quarter valued at approximately $28,000. Atlas Capital Advisors Inc. acquired a new position in shares of Expedia Group during the 1st quarter valued at $28,000. GFG Capital LLC bought a new stake in shares of Expedia Group in the 2nd quarter worth $29,000. Trust Co. of Toledo NA OH acquired a new stake in shares of Expedia Group in the second quarter valued at $31,000. Finally, Park Square Financial Group LLC acquired a new stake in shares of Expedia Group in the first quarter valued at $34,000. 90.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

EXPE has been the topic of several research reports. Barclays boosted their price target on shares of Expedia Group from $190.00 to $197.00 and gave the stock an “equal weight” rating in a research report on Friday, August 8th. BTIG Research reiterated a “buy” rating and issued a $250.00 target price on shares of Expedia Group in a report on Tuesday, October 14th. Jefferies Financial Group increased their target price on shares of Expedia Group from $210.00 to $220.00 and gave the company a “hold” rating in a research note on Friday, October 17th. Cantor Fitzgerald restated a “neutral” rating and issued a $200.00 price target on shares of Expedia Group in a research report on Wednesday, July 23rd. Finally, Wall Street Zen upgraded Expedia Group from a “hold” rating to a “buy” rating in a research report on Monday, July 28th. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $214.29.

Expedia Group Price Performance

Shares of EXPE opened at $225.30 on Wednesday. The business’s 50-day moving average is $217.80 and its 200-day moving average is $188.31. 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 company has a market capitalization of $27.87 billion, a price-to-earnings ratio of 27.61, a P/E/G ratio of 1.16 and a beta of 1.56. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $240.98.

Expedia Group (NASDAQ:EXPE) last posted 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. The business had revenue of $3.79 billion during 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%. The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period last year, the company posted $3.51 earnings per share. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Stockholders 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 dividend yield of 0.7%. Expedia Group’s dividend payout ratio is 19.61%.

Insider Buying and Selling

In related 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 transaction of $623,340.00. Following the completion of 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Lance A. Soliday sold 852 shares of the business’s stock in a transaction dated 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 transaction, the chief accounting officer owned 12,036 shares in the company, valued at $2,477,971.68. This trade represents a 6.61% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 9,816 shares of company stock worth $2,009,132. Corporate insiders own 9.13% of the company’s stock.

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.