153,184 Shares in Expedia Group, Inc. $EXPE Bought by Valeo Financial Advisors LLC

Key Points

• Valeo Financial Advisors LLC acquired 153,184 shares of Expedia Group, valued at approximately $25.84 million, increasing its stake to 0.12% of the company.
• Expedia Group reported a Q2 EPS of $4.24, exceeding estimates, with revenue reaching $3.79 billion, up 6.4% from the previous year.
• The company announced a quarterly dividend of $0.40 per share, with an annualized yield of 0.7% and a dividend payout ratio of 19.61%.

Valeo Financial Advisors LLC purchased a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 153,184 shares of the online travel company's stock, valued at approximately $25,839,000. Valeo Financial Advisors LLC owned 0.12% of Expedia Group at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EXPE. Simplicity Wealth LLC purchased a new stake in shares of Expedia Group during the 2nd quarter worth about $343,000. BridgePort Financial Solutions LLC acquired a new position in Expedia Group during the second quarter valued at approximately $415,000. QRG Capital Management Inc. lifted its position in Expedia Group by 626.5% during the second quarter. QRG Capital Management Inc. now owns 17,197 shares of the online travel company's stock valued at $2,901,000 after buying an additional 14,830 shares in the last quarter. Ascent Group LLC grew its stake in Expedia Group by 9.4% during the second quarter. Ascent Group LLC now owns 3,392 shares of the online travel company's stock worth $572,000 after buying an additional 291 shares during the period. Finally, New Century Financial Group LLC purchased a new position in shares of Expedia Group in the 2nd quarter valued at $1,147,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Expedia Group Stock Performance

Shares of NASDAQ EXPE opened at $219.23 on Monday. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. The firm's 50-day moving average price is $208.99 and its two-hundred day moving average price is $181.36. Expedia Group, Inc. has a 52-week low of $130.01 and a 52-week high of $229.00. The stock has a market capitalization of $27.12 billion, a P/E ratio of 26.87, a P/E/G ratio of 1.15 and a beta of 1.56.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its earnings results on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, beating the consensus estimate of $4.13 by $0.11. The company had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.70 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The business's revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the company earned $3.51 earnings per share. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Thursday, August 28th. Expedia Group's dividend payout ratio (DPR) is presently 19.61%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on EXPE. Mizuho initiated coverage on shares of Expedia Group in a research report on Tuesday, September 30th. They set a "neutral" rating and a $240.00 price target for the company. Morgan Stanley upped their target price on Expedia Group from $150.00 to $165.00 and gave the stock an "equal weight" rating in a research report on Monday, July 21st. DA Davidson increased their target price on Expedia Group from $174.00 to $218.00 and gave the company a "neutral" rating in a research note on Friday, August 8th. Cantor Fitzgerald reissued a "neutral" rating and set a $200.00 price target on shares of Expedia Group in a research report on Wednesday, July 23rd. Finally, Cowen restated a "hold" rating on shares of Expedia Group in a report on Friday, August 8th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nineteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Expedia Group has an average rating of "Hold" and a consensus price target of $208.96.

Insider Activity

In related news, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total value of $623,340.00. Following the sale, the director directly owned 33,858 shares in the company, valued at $7,035,015.24. This trade represents a 8.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 3,306 shares of the company's stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $200.84, for a total transaction of $663,977.04. Following the completion of the transaction, the insider owned 77,075 shares of the company's stock, valued at approximately $15,479,743. This trade represents a 4.11% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 9,816 shares of company stock valued at $2,009,132. 9.13% of the stock is currently owned by company insiders.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.

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