Police & Firemen s Retirement System of New Jersey Purchases 295 Shares of Expedia Group, Inc. $EXPE

Police & Firemen s Retirement System of New Jersey increased its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 1.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 18,265 shares of the online travel company’s stock after buying an additional 295 shares during the quarter. Police & Firemen s Retirement System of New Jersey’s holdings in Expedia Group were worth $3,081,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EXPE. Spire Wealth Management increased its holdings in shares of Expedia Group by 114.3% in the second quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock worth $25,000 after acquiring an additional 80 shares in the last quarter. McClarren Financial Advisors Inc. acquired a new position in shares of Expedia Group in the 1st quarter valued at approximately $28,000. Atlas Capital Advisors Inc. bought a new stake in Expedia Group during the 1st quarter worth approximately $28,000. GFG Capital LLC acquired a new stake in Expedia Group during the 2nd quarter worth approximately $29,000. Finally, Trust Co. of Toledo NA OH acquired a new stake in Expedia Group during the 2nd quarter worth approximately $31,000. 90.76% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CAO Lance A. Soliday sold 852 shares of Expedia Group 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 of the company’s stock, valued at $2,477,971.68. This trade represents a 6.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Craig A. Jacobson sold 3,000 shares of the business’s stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $271.55, for a total transaction of $814,650.00. Following the transaction, the director owned 30,858 shares in the company, valued at $8,379,489.90. This represents a 8.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 9.13% of the stock is currently owned by insiders.

Expedia Group Stock Performance

EXPE opened at $244.16 on Tuesday. The business’s 50-day simple moving average is $225.41 and its 200 day simple moving average is $197.00. Expedia Group, Inc. has a 52-week low of $130.01 and a 52-week high of $279.61. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. The firm has a market capitalization of $29.92 billion, a PE ratio of 29.92, a PEG ratio of 1.15 and a beta of 1.58.

Expedia Group (NASDAQ:EXPE) last posted its quarterly 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. The firm 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%.The business’s revenue was up 8.7% compared to the same quarter last year. During the same period last year, the company earned $6.13 earnings per share. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, sell-side analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The company also recently announced 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. This represents a $1.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Wednesday, November 19th. Expedia Group’s payout ratio is presently 15.31%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. CICC Research upgraded shares of Expedia Group from a “market perform” rating to an “outperform” rating and set a $271.00 price target for the company in a report on Monday, November 10th. BTIG Research increased their target price on Expedia Group from $250.00 to $275.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. DA Davidson set a $294.00 price target on Expedia Group in a research note on Monday. BMO Capital Markets upped their price objective on Expedia Group from $205.00 to $250.00 in a research report on Friday, November 7th. Finally, Bank of America lifted their target price on Expedia Group from $211.00 to $240.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and twenty-two have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $265.31.

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.