Expedia Group, Inc. $EXPE Shares Bought by Ieq Capital LLC

Ieq Capital LLC raised its position in Expedia Group, Inc. (NASDAQ:EXPE) by 19.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 275,869 shares of the online travel company’s stock after acquiring an additional 44,313 shares during the period. Ieq Capital LLC’s holdings in Expedia Group were worth $78,157,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Entrust Financial LLC acquired a new position in Expedia Group in the 4th quarter valued at about $26,000. JFS Wealth Advisors LLC lifted its holdings in shares of Expedia Group by 78.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after acquiring an additional 44 shares during the last quarter. Lodestone Wealth Management LLC acquired a new position in shares of Expedia Group in the 4th quarter worth approximately $29,000. Rossby Financial LCC lifted its holdings in shares of Expedia Group by 103.8% in the 3rd quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock worth $35,000 after acquiring an additional 82 shares during the last quarter. Finally, Sunbelt Securities Inc. lifted its holdings in shares of Expedia Group by 970.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock worth $39,000 after acquiring an additional 165 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Expedia Group

In related news, CAO Lance A. Soliday sold 940 shares of Expedia Group stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total transaction of $208,548.40. Following the sale, the chief accounting officer directly owned 14,083 shares in the company, valued at $3,124,454.38. This trade represents a 6.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert J. Dzielak sold 4,702 shares of Expedia Group stock in a transaction on Friday, June 5th. The stock was sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the sale, the insider owned 105,448 shares in the company, valued at $24,569,384. This represents a 4.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 5.20% of the stock is owned by company insiders.

Expedia Group Trading Up 0.1%

NASDAQ EXPE opened at $224.89 on Friday. The firm’s fifty day moving average price is $233.97 and its 200 day moving average price is $247.19. Expedia Group, Inc. has a 12 month low of $160.00 and a 12 month high of $303.80. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.73 and a quick ratio of 0.73. The company has a market capitalization of $27.56 billion, a price-to-earnings ratio of 19.80, a price-to-earnings-growth ratio of 0.59 and a beta of 1.25.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The firm had revenue of $3.43 billion for the quarter, compared to analyst estimates of $3.35 billion. During the same period last year, the business earned $0.40 EPS. Expedia Group’s revenue for the quarter was up 14.7% compared to the same quarter last year. On average, sell-side analysts expect that Expedia Group, Inc. will post 17.07 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, May 28th will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 0.9%. The ex-dividend date is Thursday, May 28th. Expedia Group’s dividend payout ratio (DPR) is currently 16.90%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on EXPE. HSBC upped their price objective on shares of Expedia Group from $365.00 to $387.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Sanford C. Bernstein decreased their price objective on shares of Expedia Group from $256.00 to $253.00 and set a “market perform” rating on the stock in a report on Wednesday, March 11th. Benchmark decreased their price objective on shares of Expedia Group from $310.00 to $290.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Wedbush reiterated a “neutral” rating and set a $260.00 target price on shares of Expedia Group in a report on Tuesday, February 17th. Finally, Morgan Stanley increased their target price on shares of Expedia Group from $270.00 to $290.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 28th. Sixteen analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the company. According to data from MarketBeat.com, Expedia Group currently has a consensus rating of “Hold” and a consensus price target of $284.42.

About Expedia Group

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.