Twin Peaks Capital Ltd bought a new position in Expedia Group, Inc. (NASDAQ:EXPE – Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 7,500 shares of the online travel company’s stock, valued at approximately $1,975,000. Expedia Group comprises 1.1% of Twin Peaks Capital Ltd’s holdings, making the stock its 11th largest holding.
Other institutional investors also recently modified their holdings of the company. First Trust Advisors LP boosted its position in Expedia Group by 104.1% in the first quarter. First Trust Advisors LP now owns 1,191,528 shares of the online travel company’s stock worth $275,112,000 after purchasing an additional 607,698 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Expedia Group by 1.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,190,874 shares of the online travel company’s stock worth $274,948,000 after purchasing an additional 17,378 shares during the period. Pacer Advisors Inc. raised its stake in shares of Expedia Group by 13.3% during the 1st quarter. Pacer Advisors Inc. now owns 1,069,524 shares of the online travel company’s stock worth $246,942,000 after purchasing an additional 125,749 shares during the period. Wellington Management Group LLP raised its stake in shares of Expedia Group by 67.7% during the 2nd quarter. Wellington Management Group LLP now owns 780,140 shares of the online travel company’s stock worth $199,622,000 after purchasing an additional 314,984 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in shares of Expedia Group in the 2nd quarter worth about $166,203,000. 90.76% of the stock is owned by institutional investors.
Expedia Group Price Performance
NASDAQ EXPE traded down $13.24 during trading hours on Friday, hitting $259.24. The company had a trading volume of 4,163,898 shares, compared to its average volume of 1,455,280. The company has a debt-to-equity ratio of 2.21, a quick ratio of 0.80 and a current ratio of 0.80. The firm has a market capitalization of $31.11 billion, a price-to-earnings ratio of 15.13, a PEG ratio of 0.72 and a beta of 1.39. Expedia Group, Inc. has a 52 week low of $185.34 and a 52 week high of $342.00. The firm has a 50 day simple moving average of $281.80 and a 200 day simple moving average of $259.47.
Expedia Group (NASDAQ:EXPE – Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The online travel company reported $9.39 earnings per share for the quarter, beating the consensus estimate of $8.85 by $0.54. Expedia Group had a return on equity of 87.32% and a net margin of 12.97%. The firm had revenue of $4.94 billion for the quarter, compared to analysts’ expectations of $4.73 billion. During the same period in the prior year, the business posted $7.57 earnings per share. The company’s revenue was up 11.9% on a year-over-year basis. Equities research analysts expect that Expedia Group, Inc. will post 17.37 earnings per share for the current year.
Expedia Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Wednesday, November 18th will be paid a dividend of $0.48 per share. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $1.92 annualized dividend and a yield of 0.7%. Expedia Group’s payout ratio is currently 11.21%.
Insider Activity at Expedia Group
In other Expedia Group news, Director Craig A. Jacobson sold 3,133 shares of the firm’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $328.52, for a total value of $1,029,253.16. Following the completion of the transaction, the director directly owned 29,832 shares of the company’s stock, valued at $9,800,408.64. This trade represents a 9.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Lance A. Soliday sold 2,810 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $323.65, for a total transaction of $909,456.50. Following the transaction, the chief accounting officer owned 12,006 shares of the company’s stock, valued at $3,885,741.90. This trade represents a 18.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 11,950 shares of company stock valued at $3,881,995. Corporate insiders own 5.20% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on the stock. BMO Capital Markets restated a “market perform” rating and set a $285.00 price target on shares of Expedia Group in a research report on Friday, August 7th. Jefferies Financial Group lifted their price objective on shares of Expedia Group from $300.00 to $310.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. TD Cowen upgraded shares of Expedia Group to a “hold” rating in a research note on Monday, September 14th. UBS Group dropped their target price on shares of Expedia Group from $351.00 to $328.00 and set a “neutral” rating on the stock in a research note on Tuesday. Finally, Wedbush reduced their target price on shares of Expedia Group from $417.00 to $384.00 and set an “outperform” rating for the company in a research report on Thursday. Sixteen investment analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $314.68.
Get Our Latest Analysis on Expedia Group
Key Stories Impacting Expedia Group
Here are the key news stories impacting Expedia Group this week:
- Positive Sentiment: Expedia beat analysts’ Q3 earnings and revenue estimates, with revenue up year over year. It also raised its 2026 outlook, citing B2B growth, strong travel demand and margin improvement. Expedia Group Q3 Earnings & Revenues Beat Estimates
- Positive Sentiment: The company declared a quarterly dividend of $0.48 per share, payable December 10 to shareholders of record November 18. Expedia declares a dividend
- Neutral Sentiment: Analyst actions were mixed: Susquehanna and JPMorgan lowered their price targets while keeping neutral ratings; Cantor Fitzgerald raised its target, also maintaining a neutral rating. These changes indicate continued caution despite targets remaining above the share price. Susquehanna analyst action
- Negative Sentiment: The main overhang is Expedia’s below-par Q4 revenue and bookings forecast. Management pointed to softer demand and geopolitical uncertainty, raising concerns that travel-sector headwinds could persist near term. Reuters: Expedia shares slide after forecast fuels concerns
- Negative Sentiment: Travel stocks also faced a relative-sentiment headwind: Airbnb rallied after reporting faster growth and raising its outlook, while Expedia and Booking Holdings fell. Airbnb rally contrasts with Expedia and Booking
Expedia Group Profile
Expedia Group, Inc is an online travel company that connects travelers with lodging, flights, rental cars, cruises, vacation packages and activities. Its consumer-facing brands include Expedia, Hotels.com and Vrbo, which specializes in vacation rentals. The company also provides travel technology and booking services to business partners.
Founded in 1996 as a division of Microsoft, Expedia became an independent public company in 1999. It serves travelers and lodging partners in markets around the world through its websites and mobile apps.
Expedia Group is headquartered in Seattle, Washington.
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