Metis Global Partners LLC Sells 537 Shares of Expedia Group, Inc. $EXPE

Metis Global Partners LLC lowered its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 10.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,408 shares of the online travel company’s stock after selling 537 shares during the quarter. Metis Global Partners LLC’s holdings in Expedia Group were worth $744,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of EXPE. Nuveen LLC acquired a new position in shares of Expedia Group during the first quarter valued at about $227,174,000. Los Angeles Capital Management LLC boosted its stake in Expedia Group by 3,369.4% during the 1st quarter. Los Angeles Capital Management LLC now owns 1,029,117 shares of the online travel company’s stock valued at $172,995,000 after purchasing an additional 999,454 shares during the last quarter. AQR Capital Management LLC increased its holdings in Expedia Group by 174.0% during the 1st quarter. AQR Capital Management LLC now owns 1,444,283 shares of the online travel company’s stock worth $235,592,000 after purchasing an additional 917,192 shares in the last quarter. Massachusetts Financial Services Co. MA bought a new stake in Expedia Group during the 1st quarter worth approximately $82,975,000. Finally, Alkeon Capital Management LLC raised its stake in shares of Expedia Group by 20.2% in the first quarter. Alkeon Capital Management LLC now owns 2,375,276 shares of the online travel company’s stock worth $399,284,000 after purchasing an additional 398,804 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on EXPE. Morgan Stanley lifted their target price on Expedia Group from $150.00 to $165.00 and gave the company an “equal weight” rating in a research report on Monday, July 21st. TD Cowen lifted their price objective on shares of Expedia Group from $220.00 to $256.00 in a report on Friday, November 7th. Cowen reiterated a “hold” rating on shares of Expedia Group in a report on Friday, August 8th. Truist Financial set a $210.00 price target on shares of Expedia Group in a research report on Monday, October 27th. Finally, Royal Bank Of Canada upped their price objective on shares of Expedia Group from $200.00 to $260.00 and gave the stock a “sector perform” rating in a research report on Friday, November 7th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and twenty-two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $262.00.

Expedia Group Stock Performance

NASDAQ EXPE opened at $265.32 on Wednesday. The company has a market capitalization of $32.82 billion, a PE ratio of 32.51, a price-to-earnings-growth ratio of 1.15 and a beta of 1.58. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. Expedia Group, Inc. has a 52-week low of $130.01 and a 52-week high of $270.22. The company has a 50-day simple moving average of $221.63 and a 200 day simple moving average of $194.08.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, beating analysts’ consensus estimates of $7.10 by $0.47. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The firm had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same period in the prior year, the firm earned $6.13 EPS. The company’s revenue was up 8.7% compared to the same quarter last year. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts predict 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 will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 19th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Wednesday, November 19th. Expedia Group’s dividend payout ratio (DPR) is currently 15.31%.

Insider Buying and Selling at Expedia Group

In other news, Director Craig A. Jacobson sold 3,000 shares of the company’s 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 transaction, the director owned 33,858 shares of the company’s stock, valued at $7,035,015.24. This represents a 8.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Lance A. Soliday sold 852 shares of the stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total value of $175,409.76. Following the transaction, the chief accounting officer owned 12,036 shares of the company’s stock, valued at $2,477,971.68. The trade was a 6.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 9.13% of the company’s stock.

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.