Meyer Handelman Co. Buys 8,292 Shares of Expedia Group, Inc. $EXPE

Meyer Handelman Co. raised its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 15.6% during the 4th quarter, HoldingsChannel reports. The firm owned 61,344 shares of the online travel company’s stock after purchasing an additional 8,292 shares during the quarter. Meyer Handelman Co.’s holdings in Expedia Group were worth $17,379,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. CI Investments Inc. boosted its holdings in Expedia Group by 1,735.0% during the third quarter. CI Investments Inc. now owns 42,223 shares of the online travel company’s stock valued at $9,025,000 after acquiring an additional 39,922 shares during the period. Rakuten Investment Management Inc. bought a new position in shares of Expedia Group in the third quarter worth about $1,063,000. Convergence Investment Partners LLC bought a new position in shares of Expedia Group in the third quarter worth about $1,001,000. Railway Pension Investments Ltd lifted its position in shares of Expedia Group by 19.6% during the 3rd quarter. Railway Pension Investments Ltd now owns 115,200 shares of the online travel company’s stock worth $24,624,000 after purchasing an additional 18,900 shares during the last quarter. Finally, Savant Capital LLC lifted its position in shares of Expedia Group by 13.9% during the 3rd quarter. Savant Capital LLC now owns 39,700 shares of the online travel company’s stock worth $8,486,000 after purchasing an additional 4,853 shares during the last quarter. Institutional investors own 90.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on EXPE shares. B. Riley Financial raised their target price on Expedia Group from $300.00 to $360.00 and gave the company a “buy” rating in a report on Monday, January 12th. Wedbush reissued a “neutral” rating and issued a $260.00 price objective on shares of Expedia Group in a research report on Tuesday, February 17th. Argus lowered their price objective on shares of Expedia Group from $345.00 to $250.00 and set a “buy” rating on the stock in a research note on Tuesday, February 17th. Wall Street Zen lowered shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 21st. Finally, Evercore reiterated an “outperform” rating on shares of Expedia Group in a research note on Monday, February 9th. Fourteen investment analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the stock. According to data from MarketBeat, Expedia Group has a consensus rating of “Hold” and a consensus price target of $282.77.

More Expedia Group News

Here are the key news stories impacting Expedia Group this week:

• Positive Sentiment: Jefferies upgraded EXPE to “buy” and highlighted AI-related upside potential for the online travel business, giving investors a research-driven reason to re-rate the stock. Read More.
• Positive Sentiment: Price-target increases from analysts lifted sentiment — one recent report raised EXPE’s target to $290, indicating continued analyst confidence in revenue and earnings momentum. Read More.
• Positive Sentiment: Expedia established a new $2.5 billion unsecured revolving credit facility, improving liquidity and financial flexibility (helps with refinancing and potential buybacks or M&A options). Read More.
• Neutral Sentiment: Market-wide Nasdaq strength is contributing to EXPE’s move today — a tailwind that can lift travel stocks broadly but is not a company-specific catalyst. Read More.
• Neutral Sentiment: Analyst roundup and financial comparisons (including coverage that mentions Newegg and other peers) are in circulation; these items add context and trading volume but represent mixed-significance news rather than a single decisive catalyst. Read More.
• Neutral Sentiment: A broader financial analysis piece covering Expedia alongside peers offers useful valuation perspective but does not introduce new company-specific news that would obviously move the stock on its own. Read More.

Insider Transactions at Expedia Group

In other news, insider Robert J. Dzielak sold 8,225 shares of the stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $220.82, for a total value of $1,816,244.50. Following the completion of the transaction, the insider owned 102,480 shares in the company, valued at approximately $22,629,633.60. This represents a 7.43% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 9.13% of the stock is owned by company insiders.

Expedia Group Price Performance

Shares of EXPE stock opened at $230.89 on Wednesday. Expedia Group, Inc. has a 12 month low of $130.01 and a 12 month high of $303.80. The company has a market capitalization of $28.29 billion, a P/E ratio of 23.44, a P/E/G ratio of 0.71 and a beta of 1.41. The stock has a 50 day moving average of $233.95 and a two-hundred day moving average of $244.92. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.75.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, February 12th. The online travel company reported $3.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.32 by $0.46. The business had revenue of $3.55 billion for the quarter, compared to analysts’ expectations of $3.41 billion. Expedia Group had a return on equity of 72.23% and a net margin of 8.78%.Expedia Group’s quarterly revenue was up 11.4% on a year-over-year basis. During the same period in the previous year, the business posted $2.39 earnings per share. As a group, equities analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th were issued a $0.48 dividend. This is a boost from Expedia Group’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Thursday, March 5th. This represents a $1.92 annualized dividend and a yield of 0.8%. Expedia Group’s payout ratio is presently 19.49%.

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.