Expedia Group, Inc. $EXPE Shares Bought by Assetmark Inc.

Assetmark Inc. grew its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 24.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,933 shares of the online travel company’s stock after acquiring an additional 5,172 shares during the period. Assetmark Inc.’s holdings in Expedia Group were worth $4,374,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Spire Wealth Management grew its holdings in Expedia Group by 114.3% during the 2nd 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. Whalen Wealth Management Inc. bought a new position in Expedia Group during the 2nd quarter worth approximately $1,014,000. Deseret Mutual Benefit Administrators lifted its holdings in Expedia Group by 80.9% during the 2nd quarter. Deseret Mutual Benefit Administrators now owns 331 shares of the online travel company’s stock worth $56,000 after buying an additional 148 shares during the last quarter. New York Life Investment Management LLC lifted its holdings in Expedia Group by 0.4% during the 2nd quarter. New York Life Investment Management LLC now owns 16,789 shares of the online travel company’s stock worth $2,832,000 after buying an additional 64 shares during the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in Expedia Group by 22.7% during the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 17,854 shares of the online travel company’s stock worth $3,012,000 after buying an additional 3,300 shares during the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Trading Down 2.0%

Shares of NASDAQ:EXPE opened at $215.61 on Tuesday. The company has a market cap of $26.67 billion, a PE ratio of 26.42, a P/E/G ratio of 1.15 and a beta of 1.56. The company’s 50-day moving average price is $218.53 and its 200 day moving average price is $190.49. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $240.98. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share for the quarter, beating the consensus estimate of $4.13 by $0.11. The firm had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.70 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. Expedia Group’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period last year, the firm posted $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, August 28th. This represents a $1.60 annualized dividend and a yield of 0.7%. Expedia Group’s payout ratio is presently 19.61%.

Analyst Ratings Changes

EXPE has been the topic of a number of research analyst reports. KeyCorp initiated coverage on Expedia Group in a report on Wednesday, October 22nd. They set a “sector weight” rating on the stock. Cowen reaffirmed a “hold” rating on shares of Expedia Group in a report on Friday, August 8th. Morgan Stanley increased their target price on Expedia Group from $150.00 to $165.00 and gave the stock an “equal weight” rating in a report on Monday, July 21st. Wall Street Zen raised Expedia Group from a “hold” rating to a “buy” rating in a report on Monday, July 28th. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of Expedia Group in a report on Friday, August 8th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned 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, the company presently has an average rating of “Hold” and a consensus price target of $214.29.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of Expedia Group 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 sale, the director owned 33,858 shares of the company’s stock, valued at $7,035,015.24. The trade was a 8.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Robert J. Dzielak sold 2,658 shares of Expedia Group stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $205.57, for a total value of $546,405.06. Following the sale, the insider directly owned 74,417 shares in the company, valued at $15,297,902.69. The trade was a 3.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 9,816 shares of company stock valued at $2,009,132 in the last quarter. 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.