Expedia Group, Inc. $EXPE Shares Sold by National Pension Service

National Pension Service lessened its position in Expedia Group, Inc. (NASDAQ:EXPE) by 1.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 245,923 shares of the online travel company’s stock after selling 2,405 shares during the period. National Pension Service owned about 0.20% of Expedia Group worth $69,672,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of EXPE. Brighton Jones LLC acquired a new position in shares of Expedia Group in the fourth quarter valued at approximately $408,000. NewEdge Advisors LLC grew its stake in Expedia Group by 5.0% during the first quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock worth $917,000 after buying an additional 259 shares during the period. Sivia Capital Partners LLC purchased a new stake in Expedia Group during the second quarter worth approximately $596,000. Daiwa Securities Group Inc. grew its stake in Expedia Group by 6.5% during the second quarter. Daiwa Securities Group Inc. now owns 21,265 shares of the online travel company’s stock worth $3,587,000 after buying an additional 1,290 shares during the period. Finally, AXA S.A. grew its stake in Expedia Group by 5.9% during the second quarter. AXA S.A. now owns 11,042 shares of the online travel company’s stock worth $1,863,000 after buying an additional 615 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on EXPE shares. Truist Financial decreased their price objective on shares of Expedia Group from $252.00 to $246.00 and set a “hold” rating for the company in a research note on Monday, April 6th. Zacks Research downgraded shares of Expedia Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Weiss Ratings downgraded shares of Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. BMO Capital Markets boosted their price objective on shares of Expedia Group from $250.00 to $255.00 and gave the stock a “market perform” rating in a research note on Friday, February 13th. Finally, Susquehanna boosted their price objective on shares of Expedia Group from $240.00 to $250.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Sixteen equities research analysts have rated the stock with a Buy rating and twenty-three have given a Hold rating to the company. According to MarketBeat, Expedia Group presently has an average rating of “Hold” and a consensus price target of $284.42.

Expedia Group Price Performance

Shares of EXPE stock opened at $225.79 on Friday. The company has a market capitalization of $27.67 billion, a PE ratio of 19.88, a price-to-earnings-growth ratio of 0.69 and a beta of 1.30. The firm has a fifty day simple moving average of $235.30 and a 200-day simple moving average of $249.18. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.43. Expedia Group, Inc. has a twelve month low of $160.00 and a twelve month high of $303.80.

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

Expedia Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, May 28th will be paid a $0.48 dividend. The ex-dividend date is Thursday, May 28th. This represents a $1.92 annualized dividend and a dividend yield of 0.9%. Expedia Group’s dividend payout ratio is 16.90%.

Insider Buying and Selling at Expedia Group

In other news, insider Robert J. Dzielak sold 8,225 shares of the company’s 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 directly owned 102,480 shares in the company, valued at approximately $22,629,633.60. This represents a 7.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Lance A. Soliday sold 940 shares of the company’s 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 completion of the transaction, the chief accounting officer owned 14,083 shares of the company’s stock, valued at $3,124,454.38. This trade represents a 6.26% 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 currently owned by corporate insiders.

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.