Triasima Portfolio Management inc. acquired a new stake in Expedia Group, Inc. (NASDAQ:EXPE – Free Report) in the third quarter, according to its most recent filing with the SEC. The fund acquired 12,377 shares of the online travel company’s stock, valued at approximately $3,260,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Plato Investment Management Ltd bought a new position in shares of Expedia Group in the second quarter worth $2,562,000. Tidal Investments LLC grew its position in shares of Expedia Group by 47.4% in the second quarter. Tidal Investments LLC now owns 32,146 shares of the online travel company’s stock valued at $8,226,000 after purchasing an additional 10,331 shares in the last quarter. Corient Private Wealth LLC grew its position in shares of Expedia Group by 17.8% in the fourth quarter. Corient Private Wealth LLC now owns 61,211 shares of the online travel company’s stock valued at $17,344,000 after purchasing an additional 9,256 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Expedia Group during the 2nd quarter valued at $166,203,000. Finally, Lombard Odier Asset Management Switzerland SA bought a new stake in shares of Expedia Group during the 1st quarter valued at $910,000. Institutional investors own 90.76% of the company’s stock.
Insiders Place Their Bets
In other Expedia Group news, insider Robert Dzielak sold 3,003 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $315.00, for a total value of $945,945.00. Following the transaction, the insider directly owned 103,829 shares in the company, valued at $32,706,135. This represents a 2.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Lance Soliday sold 2,810 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $323.65, for a total value of $909,456.50. Following the completion of the sale, the chief accounting officer directly owned 12,006 shares in the company, valued at approximately $3,885,741.90. The trade was a 18.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 11,950 shares of company stock worth $3,881,995 in the last ninety days. 5.20% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on the company. Wedbush increased their price objective on Expedia Group from $334.00 to $417.00 and gave the stock an “outperform” rating in a report on Thursday, August 20th. Wells Fargo & Company reduced their target price on Expedia Group from $307.00 to $275.00 and set an “equal weight” rating for the company in a report on Wednesday, October 7th. Weiss Ratings upgraded Expedia Group from a “hold (c)” rating to a “buy (b-)” rating in a research report on Friday, August 21st. Wall Street Zen cut Expedia Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 10th. Finally, Jefferies Financial Group increased their price target on shares of Expedia Group from $300.00 to $310.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Eighteen analysts have rated the stock with a Buy rating, twenty-one have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Expedia Group has a consensus rating of “Hold” and an average target price of $315.24.
Get Our Latest Stock Analysis on EXPE
Expedia Group Stock Up 6.3%
EXPE opened at $291.87 on Friday. The company has a fifty day moving average price of $293.37 and a 200-day moving average price of $264.24. The firm has a market capitalization of $35.03 billion, a P/E ratio of 18.20, a price-to-earnings-growth ratio of 0.67 and a beta of 1.36. The company has a debt-to-equity ratio of 2.21, a current ratio of 0.80 and a quick ratio of 0.80. Expedia Group, Inc. has a one year low of $185.34 and a one year high of $342.00.
Expedia Group (NASDAQ:EXPE – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The online travel company reported $5.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.22 by $0.54. Expedia Group had a return on equity of 87.32% and a net margin of 12.97%. The company had revenue of $4.32 billion for the quarter, compared to the consensus estimate of $4.17 billion. During the same quarter last year, the business posted $4.24 earnings per share. The firm’s revenue was up 14.0% compared to the same quarter last year. Equities research analysts expect that Expedia Group, Inc. will post 17.16 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, September 17th. Investors of record on Thursday, August 27th were given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 0.7%. The ex-dividend date was Thursday, August 27th. Expedia Group’s payout ratio is presently 11.97%.
Key Headlines Impacting Expedia Group
Here are the key news stories impacting Expedia Group this week:
- Positive Sentiment: Expedia Group’s Unpack ’27 report highlights expected growth in shorter trips, hobby-focused travel, emerging destinations, and “set-jetting.” The report gives investors evidence of ongoing consumer engagement with leisure travel and may support future bookings across Expedia, Hotels.com, and Vrbo. Expedia Unpack ’27 report
- Positive Sentiment: Investors are also responding to Expedia’s broader advertising strategy, including Travel Audience Marketing, which is designed to help brands reach travelers before, during, and after booking. The initiative could diversify revenue beyond transactions and improve monetization of Expedia’s customer and search data. Expedia product news and earnings analysis
- Positive Sentiment: Expedia was named the official travel partner of the NHL in the United States and Canada, potentially increasing brand visibility and customer acquisition through a high-profile sports relationship. Expedia NHL partnership
- Neutral Sentiment: Morgan Stanley assigned Expedia a $235 price target. The target is below the stock’s recent trading level, potentially signaling valuation caution even as the firm’s broader recommendation details were not provided. Morgan Stanley Expedia price target
- Negative Sentiment: Recent open-market insider activity reported six sales and no purchases, which may modestly weigh on sentiment, although insider transactions can reflect personal financial planning rather than a change in business outlook. Expedia insider activity
- Negative Sentiment: A lawsuit alleges Expedia contributed to higher hotel prices, creating a potential legal and reputational risk. The claims remain allegations, and the financial impact is not yet clear. Lawsuit alleging Expedia affected hotel prices
Expedia Group Profile
Expedia Group, Inc is an online travel company that connects travelers with a broad range of travel products and services. Its platforms support the search, comparison and booking of lodging, air travel, car rentals, cruises, vacation packages, activities and other travel-related offerings.
The company operates a portfolio of consumer brands that includes Expedia, Hotels.com, Vrbo, Travelocity, Orbitz, Wotif and ebookers. Through these brands, Expedia Group serves individual travelers, property owners, travel suppliers and business partners across markets in North America, Europe, Asia-Pacific and other international regions.
Expedia Group traces its origins to Expedia, which was established within Microsoft in 1996 and became an independent public company in 1999.
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