Essential Partners LLC Sells 2,244 Shares of Expedia Group, Inc. $EXPE

Essential Partners LLC lessened its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 22.3% during the 1st quarter, HoldingsChannel reports. The fund owned 7,813 shares of the online travel company’s stock after selling 2,244 shares during the quarter. Essential Partners LLC’s holdings in Expedia Group were worth $1,804,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EXPE. RHS Financial LLC lifted its position in Expedia Group by 4.0% during 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 period. Petredis Investment Advisors LLC lifted its holdings in Expedia Group by 3.2% in the first quarter. Petredis Investment Advisors LLC now owns 1,305 shares of the online travel company’s stock valued at $301,000 after buying an additional 40 shares during the period. Geneos Wealth Management Inc. boosted its stake 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 acquiring an additional 43 shares during the last quarter. Ballentine Partners LLC grew its holdings in Expedia Group by 2.2% during the 4th quarter. Ballentine Partners LLC now owns 2,225 shares of the online travel company’s stock worth $630,000 after acquiring an additional 47 shares during the period. Finally, Beacon Financial Advisory LLC raised its position in shares of Expedia Group by 3.0% during the 1st quarter. Beacon Financial Advisory LLC now owns 1,628 shares of the online travel company’s stock valued at $376,000 after acquiring an additional 48 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

More Expedia Group News

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

• Positive Sentiment: UBS raised its price target for Expedia from $262 to $322, implying approximately 9.9% upside from the referenced share price. However, it maintained a Neutral rating, suggesting valuation and execution risks remain balanced. Benzinga article
• Positive Sentiment: Expedia’s 50-day moving average recently crossed above its 200-day moving average, creating a “golden cross.” This technical signal is often viewed as evidence of improving momentum and may attract technical-focused buyers. Expedia golden cross article
• Positive Sentiment: Zacks identified Expedia as a strong value and momentum stock, which could support investor interest following its recent rally. Expedia value stock article Expedia momentum stock article
• Neutral Sentiment: Morgan Stanley increased its target from $290 to $300 but retained an Equal Weight rating, indicating limited expected outperformance at current levels. The Fly article
• Neutral Sentiment: Wall Street commentary remains mixed ahead of Expedia’s upcoming earnings report. Analysts are expecting earnings growth and a potential beat, making guidance and forward booking trends key catalysts. Expedia earnings expectations article

Insider Activity at Expedia Group

In other news, insider Robert J. Dzielak sold 4,702 shares of Expedia Group stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $233.00, for a total value of $1,095,566.00. Following the sale, the insider directly owned 105,448 shares in the company, valued at $24,569,384. This trade represents a 4.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Lance A. Soliday sold 940 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $221.86, for a total transaction of $208,548.40. Following the completion of the sale, the chief accounting officer directly owned 14,083 shares in the company, valued at approximately $3,124,454.38. This represents a 6.26% decrease in their position. The disclosure for this sale is available in the SEC filing. 5.20% of the stock is owned by company insiders.

Expedia Group Price Performance

EXPE stock opened at $292.93 on Friday. The stock has a 50-day moving average price of $250.65 and a two-hundred day moving average price of $243.53. Expedia Group, Inc. has a 1 year low of $174.05 and a 1 year high of $312.40. The stock has a market cap of $35.90 billion, a PE ratio of 25.79, a price-to-earnings-growth ratio of 0.80 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 (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.55. The company had revenue of $3.43 billion for the quarter, compared to analyst estimates of $3.35 billion. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The company’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.40 earnings per share. Equities analysts forecast that Expedia Group, Inc. will post 17.04 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th were given a dividend of $0.48 per share. The ex-dividend date of this dividend was Thursday, May 28th. This represents a $1.92 dividend on an annualized basis and a yield of 0.7%. Expedia Group’s dividend payout ratio is 16.90%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on EXPE shares. UBS Group lifted their price objective on Expedia Group from $262.00 to $322.00 and gave the stock a “neutral” rating in a research note on Thursday. Gordon Haskett decreased their target price on Expedia Group from $320.00 to $290.00 and set a “buy” rating for the company in a research report on Wednesday, May 13th. DA Davidson cut their price target on shares of Expedia Group from $260.00 to $250.00 and set a “neutral” rating on the stock in a research report on Friday, May 15th. Robert W. Baird boosted their price objective on shares of Expedia Group from $290.00 to $294.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Finally, Wedbush initiated coverage on shares of Expedia Group in a report on Thursday, July 16th. They issued an “outperform” rating and a $334.00 target price on the stock. Seventeen equities research analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $290.76.

Expedia Group 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.