2,461 Shares in Expedia Group, Inc. $EXPE Acquired by BridgePort Financial Solutions LLC

Key Points

• BridgePort Financial Solutions LLC has acquired a new stake in Expedia Group, purchasing 2,461 shares valued at approximately $415,000.
• Insider transactions revealed significant sales by directors, with Director Craig A. Jacobson selling 3,000 shares at an average price of $207.78, decreasing his ownership by 8.14%.
• Expedia Group reported strong quarterly earnings, with an EPS of $4.24, exceeding estimates, and guidance for FY 2025, alongside a quarterly dividend payment of $0.40 per share.

BridgePort Financial Solutions LLC purchased a new stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,461 shares of the online travel company's stock, valued at approximately $415,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Altman Advisors Inc. grew its position in shares of Expedia Group by 0.5% in the 1st quarter. Altman Advisors Inc. now owns 13,338 shares of the online travel company's stock valued at $2,093,000 after buying an additional 65 shares during the last quarter. UMB Bank n.a. boosted its stake in Expedia Group by 14.1% in the first quarter. UMB Bank n.a. now owns 558 shares of the online travel company's stock valued at $94,000 after acquiring an additional 69 shares in the last quarter. Horizon Investments LLC boosted its stake in Expedia Group by 4.4% in the first quarter. Horizon Investments LLC now owns 1,780 shares of the online travel company's stock valued at $299,000 after acquiring an additional 75 shares in the last quarter. Moody National Bank Trust Division grew its holdings in shares of Expedia Group by 1.7% during the second quarter. Moody National Bank Trust Division now owns 4,868 shares of the online travel company's stock worth $821,000 after purchasing an additional 80 shares during the last quarter. Finally, SVB Wealth LLC increased its position in shares of Expedia Group by 3.6% during the first quarter. SVB Wealth LLC now owns 2,408 shares of the online travel company's stock worth $405,000 after purchasing an additional 84 shares in the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Craig A. Jacobson sold 3,000 shares of the company's stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total value of $623,340.00. Following the completion of the transaction, the director directly owned 33,858 shares in the company, valued at approximately $7,035,015.24. This represents a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Lance A. Soliday sold 852 shares of the stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total value of $175,409.76. Following the transaction, the chief accounting officer owned 12,036 shares in the company, valued at $2,477,971.68. This trade represents a 6.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,816 shares of company stock valued at $2,009,132 over the last quarter. Company insiders own 9.13% of the company's stock.

Expedia Group Trading Up 0.7%

Shares of EXPE stock opened at $219.23 on Friday. The company has a market capitalization of $27.12 billion, a price-to-earnings ratio of 26.87, a PEG ratio of 1.15 and a beta of 1.56. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. The firm has a 50-day moving average price of $208.99 and a 200 day moving average price of $181.30. Expedia Group, Inc. has a twelve month low of $130.01 and a twelve month high of $229.00.

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

Expedia Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th were issued a dividend of $0.40 per share. The ex-dividend date was Thursday, August 28th. This represents a $1.60 annualized dividend and a dividend yield of 0.7%. Expedia Group's dividend payout ratio (DPR) is 19.61%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on EXPE shares. Citigroup upped their target price on Expedia Group from $177.00 to $206.00 and gave the company a "neutral" rating in a research report on Wednesday, August 13th. Truist Financial lowered their target price on shares of Expedia Group from $175.00 to $168.00 and set a "hold" rating on the stock in a research report on Tuesday, June 24th. Bank of America lifted their target price on shares of Expedia Group from $211.00 to $240.00 and gave the company a "buy" rating in a report on Friday, August 8th. Morgan Stanley increased their price target on shares of Expedia Group from $150.00 to $165.00 and gave the stock an "equal weight" rating in a research note on Monday, July 21st. Finally, UBS Group lifted their price objective on shares of Expedia Group from $182.00 to $209.00 and gave the company a "neutral" rating in a research note on Friday, August 8th. Three analysts have rated the stock with a Strong Buy rating, eleven have given 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 currently has a consensus rating of "Hold" and a consensus target price of $208.96.

About Expedia Group

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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