3Chopt Investment Partners LLC Invests $511,000 in Expedia Group, Inc. $EXPE

Key Points

• 3Chopt Investment Partners LLC has invested approximately $511,000 in Expedia Group, acquiring 3,031 shares in the second quarter, highlighting a growing interest from institutional investors as 90.76% of the stock is owned by such entities.
• Insider activity includes notable sales by directors, with Craig A. Jacobson selling 3,000 shares for about $623,340, indicating potential shifts in management perspectives on the stock.
• Wall Street analysts have issued varying ratings on Expedia Group, with a consensus target price of $209.00 and a mix of "Buy," "Hold," and "Sell" ratings, reflecting market uncertainty about the stock's outlook.

3Chopt Investment Partners LLC purchased a new position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,031 shares of the online travel company's stock, valued at approximately $511,000.

A number of other large investors have also recently made changes to their positions in EXPE. McClarren Financial Advisors Inc. bought a new position in shares of Expedia Group in the first quarter worth $28,000. Atlas Capital Advisors Inc. bought a new position in shares of Expedia Group in the first quarter worth $28,000. GFG Capital LLC bought a new position in shares of Expedia Group in the second quarter worth $29,000. Park Square Financial Group LLC purchased a new stake in shares of Expedia Group in the first quarter worth $34,000. Finally, Zions Bancorporation National Association UT purchased a new stake in shares of Expedia Group in the first quarter worth $36,000. 90.76% of the stock is owned by institutional investors.

Insider Activity at Expedia Group

In related news, Director Craig A. Jacobson sold 3,000 shares of the business's stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total transaction of $623,340.00. Following the transaction, the director owned 33,858 shares in the company, valued at $7,035,015.24. The trade was a 8.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Robert J. Dzielak sold 3,306 shares of the business's stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $200.84, for a total value of $663,977.04. Following the transaction, the insider owned 77,075 shares in the company, valued at approximately $15,479,743. This represents a 4.11% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,816 shares of company stock worth $2,009,132 in the last 90 days. Company insiders own 9.13% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on EXPE. Mizuho began coverage on Expedia Group in a research report on Tuesday, September 30th. They issued a "neutral" rating and a $240.00 price objective on the stock. UBS Group increased their price objective on Expedia Group from $182.00 to $209.00 and gave the stock a "neutral" rating in a research report on Friday, August 8th. Piper Sandler increased their price objective on Expedia Group from $135.00 to $190.00 and gave the stock an "underweight" rating in a research report on Friday, August 8th. Barclays increased their price objective on Expedia Group from $190.00 to $197.00 and gave the stock an "equal weight" rating in a research report on Friday, August 8th. Finally, Citigroup increased their price objective on Expedia Group from $177.00 to $206.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $209.00.

Expedia Group Stock Up 2.1%

EXPE opened at $216.81 on Friday. The company has a market cap of $26.82 billion, a P/E ratio of 26.57, a P/E/G ratio of 1.11 and a beta of 1.56. The business's 50-day moving average price is $211.78 and its 200-day moving average price is $182.42. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. Expedia Group, Inc. has a 12 month low of $130.01 and a 12 month high of $240.98.

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

Expedia Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, August 28th were issued a dividend of $0.40 per share. 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 payout ratio is currently 19.61%.

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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