Aware Super Pty Ltd as trustee of Aware Super Buys New Stake in Expedia Group, Inc. $EXPE

Aware Super Pty Ltd as trustee of Aware Super purchased a new stake in Expedia Group, Inc. (NASDAQ:EXPE) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 16,772 shares of the online travel company’s stock, valued at approximately $3,872,000.

Other large investors also recently bought and sold shares of the company. RHS Financial LLC grew its stake in shares of Expedia Group by 4.0% in the 4th quarter. RHS Financial LLC now owns 1,030 shares of the online travel company’s stock valued at $292,000 after purchasing an additional 40 shares during the last quarter. Petredis Investment Advisors LLC raised its holdings in Expedia Group by 3.2% during the first quarter. Petredis Investment Advisors LLC now owns 1,305 shares of the online travel company’s stock worth $301,000 after purchasing an additional 40 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in Expedia Group by 8.2% in the fourth quarter. Geneos Wealth Management Inc. now owns 567 shares of the online travel company’s stock valued at $161,000 after purchasing an additional 43 shares during the period. Harbor Investment Advisory LLC lifted its holdings in shares of Expedia Group by 16.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 319 shares of the online travel company’s stock valued at $90,000 after buying an additional 44 shares during the period. Finally, JFS Wealth Advisors LLC boosted its stake 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 valued at $28,000 after buying an additional 44 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insiders Place Their Bets

In related news, 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 value of $208,548.40. Following the completion of the sale, the chief accounting officer owned 14,083 shares in the company, valued at $3,124,454.38. This represents a 6.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Robert J. Dzielak sold 4,702 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the transaction, the insider directly owned 105,448 shares of the company’s stock, valued at $24,569,384. This represents a 4.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 5.20% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Zacks Research cut Expedia Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Barclays boosted their target price on Expedia Group from $260.00 to $264.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. Cantor Fitzgerald restated a “neutral” rating and set a $240.00 price objective on shares of Expedia Group in a research report on Monday, April 27th. BTIG Research reiterated a “buy” rating and set a $330.00 target price on shares of Expedia Group in a report on Tuesday, June 9th. Finally, Wells Fargo & Company dropped their price target on Expedia Group from $307.00 to $303.00 and set an “equal weight” rating for the company in a research report on Tuesday, June 30th. Seventeen investment analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $288.82.

Expedia Group Trading Down 0.8%

NASDAQ EXPE opened at $268.77 on Friday. The company has a market capitalization of $32.94 billion, a PE ratio of 23.66, a price-to-earnings-growth ratio of 0.71 and a beta of 1.23. 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 1-year low of $174.05 and a 1-year high of $303.80. The firm’s fifty day simple moving average is $240.27 and its 200-day simple moving average is $244.78.

Expedia Group (NASDAQ:EXPE) last posted its earnings results 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. The business had revenue of $3.43 billion for the quarter, compared to analyst estimates of $3.35 billion. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. Expedia Group’s revenue was up 14.7% compared to the same quarter last year. During the same period last year, the business posted $0.40 EPS. As a group, sell-side analysts anticipate that Expedia Group, Inc. will post 16.98 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, May 28th were paid a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, May 28th. Expedia Group’s dividend payout ratio (DPR) is 16.90%.

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.