MGO One Seven LLC lessened its holdings in Expedia Group, Inc. (NASDAQ:EXPE – Free Report) by 36.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,194 shares of the online travel company’s stock after selling 3,542 shares during the period. MGO One Seven LLC’s holdings in Expedia Group were worth $1,755,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of EXPE. JFS Wealth Advisors LLC boosted its position in shares of Expedia Group by 78.6% in the fourth quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after buying an additional 44 shares during the period. Lodestone Wealth Management LLC acquired a new stake in shares of Expedia Group in the fourth quarter worth $29,000. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Expedia Group in the third quarter worth $30,000. Rossby Financial LCC boosted its position in shares of Expedia Group by 103.8% in the third quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock worth $35,000 after buying an additional 82 shares during the period. Finally, Sunbelt Securities Inc. boosted its position in shares of Expedia Group by 970.6% in the third quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock worth $39,000 after buying an additional 165 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.
Insiders Place Their Bets
In other Expedia Group news, insider Robert J. Dzielak sold 8,225 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $220.82, for a total transaction of $1,816,244.50. Following the transaction, the insider directly owned 102,480 shares in the company, valued at $22,629,633.60. This trade represents a 7.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 9.81% of the stock is currently owned by company insiders.
Expedia Group News Roundup
- Positive Sentiment: Expedia posted first-quarter earnings and revenue that beat expectations, helped by a 25% jump in B2B revenue, which suggests the company’s enterprise travel and partner channels are still a major growth engine. Article: Expedia Group Posts Q1 Earnings & Revenue Beat on Strong B2B Growth
- Positive Sentiment: Susquehanna raised its price target on Expedia Group to $250 from $240, signaling continued confidence in the stock’s upside after the earnings update. Article: Susquehanna Adjusts Expedia Group Price Target
- Positive Sentiment: BTIG reiterated a Buy rating, and Wall Street Zen upgraded Expedia to Strong-Buy, adding to the bullish tone around the name after the latest results. Article: BTIG Research Reaffirms Buy Rating for Expedia Group
- Positive Sentiment: Expedia promoted its B2B chief to oversee global supply, a move that could support its partner-business expansion and improve execution as the company leans more heavily into its platform and supply strategy. Article: Expedia Promotes B2B Chief to Lead Global Supply as Partner Business Takeover Accelerates
- Neutral Sentiment: Expedia was also the subject of valuation-focused commentary and a presentation recap, but these items appear more reflective of investor debate than new fundamental information. Article: Assessing Expedia Group (EXPE) Valuation After Recent Share Price Volatility
- Negative Sentiment: Bernstein kept a Hold rating, saying near-term strength is being offset by longer-term AI-related risks, which could temper enthusiasm even after the strong quarter. Article: Hold Rating Maintained on Expedia as Near-Term Strength Offsets AI-Driven Long-Term Risks
Expedia Group Price Performance
EXPE opened at $221.46 on Tuesday. The stock has a market cap of $27.14 billion, a price-to-earnings ratio of 19.49, a PEG ratio of 0.70 and a beta of 1.30. Expedia Group, Inc. has a 1 year low of $156.05 and a 1 year high of $303.80. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.43. The stock has a fifty day moving average price of $238.65 and a 200 day moving average price of $249.64.
Expedia Group (NASDAQ:EXPE – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.55. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The firm had revenue of $3.43 billion during the quarter, compared to analysts’ expectations of $3.35 billion. During the same quarter last year, the firm earned $0.40 earnings per share. The business’s revenue for the quarter was up 14.7% on a year-over-year basis. Analysts forecast that Expedia Group, Inc. will post 16.64 EPS for the current fiscal year.
Expedia Group Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th will be issued 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 16.90%.
Analyst Ratings Changes
Several analysts have recently commented on the company. B. Riley Financial decreased their target price on Expedia Group from $360.00 to $350.00 and set a “buy” rating for the company in a research report on Monday, April 27th. Wall Street Zen raised Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Sunday. The Goldman Sachs Group raised their target price on Expedia Group from $325.00 to $355.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. HSBC raised their target price on Expedia Group from $365.00 to $387.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Finally, TD Cowen raised their target price on Expedia Group from $260.00 to $285.00 and gave the stock a “hold” rating in a research report on Wednesday, April 22nd. Fourteen investment analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $283.87.
Read Our Latest Stock Report on Expedia Group
Expedia Group Company Profile
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.
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