Allegiance Financial Group Advisory Services LLC Invests $209,000 in Expedia Group, Inc. $EXPE

Key Points

• Allegiance Financial Group Advisory Services LLC invested approximately $209,000 in Expedia Group, Inc., acquiring 1,239 shares during the second quarter.
• Expedia reported earnings per share of $4.24 for the last quarter, exceeding analysts' expectations, with revenue rising 6.4% year-over-year to $3.79 billion.
• Institutional investors own 90.76% of Expedia’s stock, reflecting strong interest from big financial entities in the online travel company.

Allegiance Financial Group Advisory Services LLC acquired a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,239 shares of the online travel company's stock, valued at approximately $209,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC bought a new position in shares of Expedia Group during the fourth quarter valued at $408,000. UMB Bank n.a. lifted its holdings in shares of Expedia Group by 14.1% during 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 during the period. Pallas Capital Advisors LLC lifted its holdings in shares of Expedia Group by 102.6% during the first quarter. Pallas Capital Advisors LLC now owns 8,377 shares of the online travel company's stock valued at $1,408,000 after acquiring an additional 4,243 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Expedia Group by 8.5% during the first quarter. GAMMA Investing LLC now owns 2,102 shares of the online travel company's stock valued at $353,000 after acquiring an additional 165 shares during the period. Finally, MV Capital Management Inc. lifted its holdings in shares of Expedia Group by 33.9% during the first quarter. MV Capital Management Inc. now owns 755 shares of the online travel company's stock valued at $127,000 after acquiring an additional 191 shares during the period. 90.76% of the stock is owned by institutional investors.

Expedia Group Stock Down 1.7%

Shares of NASDAQ EXPE opened at $212.41 on Thursday. The stock has a market cap of $26.28 billion, a P/E ratio of 26.03, a P/E/G ratio of 1.13 and a beta of 1.56. The firm has a 50 day moving average price of $211.05 and a 200 day moving average price of $182.16. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. Expedia Group, Inc. has a 52-week low of $130.01 and a 52-week high of $240.98.

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

Expedia Group Dividend Announcement

The company also recently disclosed 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. The ex-dividend date was Thursday, August 28th. This represents a $1.60 dividend on an annualized basis and a yield of 0.8%. Expedia Group's payout ratio is currently 19.61%.

Insider Activity at Expedia Group

In related news, CAO Lance A. Soliday sold 852 shares of the business's stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total transaction of $175,409.76. Following the completion of the transaction, the chief accounting officer owned 12,036 shares in the company, valued at approximately $2,477,971.68. The trade was a 6.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Craig A. Jacobson sold 3,000 shares of the business's stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total value of $623,340.00. Following the completion of the transaction, the director owned 33,858 shares of the company's stock, valued at $7,035,015.24. This represents a 8.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,816 shares of company stock worth $2,009,132. 9.13% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

EXPE has been the subject of a number of analyst reports. BTIG Research reissued a "buy" rating and set a $250.00 price objective on shares of Expedia Group in a report on Tuesday, September 9th. Susquehanna lifted their price objective on Expedia Group from $175.00 to $200.00 and gave the company a "neutral" rating in a report on Monday, August 11th. Sanford C. Bernstein set a $210.00 price objective on Expedia Group in a report on Monday, August 11th. UBS Group lifted their price target on Expedia Group from $182.00 to $209.00 and gave the company a "neutral" rating in a report on Friday, August 8th. Finally, Citigroup lifted their price target on Expedia Group from $177.00 to $206.00 and gave the company a "neutral" rating in a report on Wednesday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Expedia Group has an average rating of "Hold" and an average price target of $209.00.

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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