Los Angeles Capital Management LLC Has $108.43 Million Position in Expedia Group, Inc. $EXPE

Los Angeles Capital Management LLC lessened its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 37.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 642,802 shares of the online travel company’s stock after selling 386,315 shares during the period. Los Angeles Capital Management LLC’s holdings in Expedia Group were worth $108,428,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Spire Wealth Management raised its holdings in shares of Expedia Group by 114.3% in the 2nd quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock worth $25,000 after buying an additional 80 shares in the last quarter. McClarren Financial Advisors Inc. bought a new position in Expedia Group during the 1st quarter worth approximately $28,000. Atlas Capital Advisors Inc. bought a new stake in shares of Expedia Group in the first quarter worth about $28,000. GFG Capital LLC bought a new stake in shares of Expedia Group during the second quarter worth $29,000. Finally, Trust Co. of Toledo NA OH bought a new position in Expedia Group in the second quarter valued at approximately $31,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Stock Up 17.5%

NASDAQ EXPE opened at $258.25 on Friday. The business has a fifty day moving average price of $219.50 and a two-hundred day moving average price of $192.05. The stock has a market capitalization of $31.95 billion, a PE ratio of 31.65, a PEG ratio of 1.15 and a beta of 1.58. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $264.20. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, topping the consensus estimate of $7.10 by $0.47. The business had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.28 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.Expedia Group’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same period in the prior year, the company earned $6.13 EPS. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 19th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $1.60 annualized dividend and a dividend yield of 0.6%. Expedia Group’s payout ratio is 15.31%.

Insider Buying and Selling

In related news, CAO Lance A. Soliday sold 852 shares of the stock in a transaction that occurred 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 transaction, the chief accounting officer owned 12,036 shares of the company’s stock, valued at $2,477,971.68. This represents a 6.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Robert J. Dzielak sold 3,306 shares of Expedia Group 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 sale, the insider directly owned 77,075 shares in the company, valued at $15,479,743. The trade was a 4.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 9,816 shares of company stock worth $2,009,132 in the last three months. 9.13% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

EXPE has been the topic of several research reports. Robert W. Baird upped their price objective on shares of Expedia Group from $240.00 to $280.00 and gave the company an “outperform” rating in a report on Friday. Wedbush increased their price target on shares of Expedia Group from $230.00 to $250.00 and gave the company a “neutral” rating in a report on Friday. Sanford C. Bernstein set a $210.00 target price on Expedia Group in a research report on Monday, August 11th. UBS Group lifted their price target on Expedia Group from $209.00 to $234.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Finally, Citigroup upped their price objective on Expedia Group from $177.00 to $206.00 and gave the company a “neutral” rating in a report on Wednesday, August 13th. Three analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and twenty-three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Expedia Group presently has an average rating of “Hold” and an average target price of $244.03.

Expedia Group Company 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.