Candriam S.C.A. Purchases 9,571 Shares of Expedia Group, Inc. $EXPE

Key Points

• Candriam S.C.A. increased its stake in Expedia Group by 21.9%, acquiring an additional 9,571 shares, bringing its total holdings to 53,221 shares valued at approximately $8.95 million.
• Expedia reported earnings per share (EPS) of $4.24 for the quarter, surpassing analysts' estimates and showcasing a 6.4% year-over-year revenue growth to $3.79 billion.
• Institutional investors hold 90.76% of Expedia Group's stock, with significant investment activity noted from firms like Vanguard Group and Alkeon Capital Management.

Candriam S.C.A. grew its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 21.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,221 shares of the online travel company's stock after buying an additional 9,571 shares during the quarter. Candriam S.C.A.'s holdings in Expedia Group were worth $8,946,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Altman Advisors Inc. grew its holdings in shares of Expedia Group by 0.5% during the first 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. grew 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 buying an additional 69 shares during the last quarter. Foyston Gordon & Payne Inc grew its holdings in shares of Expedia Group by 0.3% during the fourth quarter. Foyston Gordon & Payne Inc now owns 22,135 shares of the online travel company's stock valued at $4,124,000 after buying an additional 74 shares during the last quarter. Horizon Investments LLC grew its holdings in shares of Expedia Group by 4.4% during the first quarter. Horizon Investments LLC now owns 1,780 shares of the online travel company's stock valued at $299,000 after buying an additional 75 shares during the last quarter. Finally, Ascent Group LLC boosted its holdings in Expedia Group by 3.2% during the fourth quarter. Ascent Group LLC now owns 2,430 shares of the online travel company's stock worth $453,000 after purchasing an additional 76 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Expedia Group Stock Performance

EXPE traded down $1.46 during midday trading on Monday, reaching $213.35. The company had a trading volume of 1,563,414 shares, compared to its average volume of 2,105,906. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. The stock has a market cap of $26.40 billion, a PE ratio of 26.15, a P/E/G ratio of 1.10 and a beta of 1.61. Expedia Group, Inc. has a 12-month low of $126.46 and a 12-month high of $216.60. The business has a 50-day moving average price of $183.52 and a two-hundred day moving average price of $175.14.

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

Expedia Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th will be given a $0.40 dividend. The ex-dividend date of this dividend is Thursday, August 28th. This represents a $1.60 annualized dividend and a dividend yield of 0.7%. Expedia Group's payout ratio is 19.61%.

Wall Street Analysts Forecast Growth

EXPE has been the topic of several analyst reports. Benchmark boosted their price target on shares of Expedia Group from $215.00 to $265.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Sanford C. Bernstein set a $210.00 price target on shares of Expedia Group in a report on Monday, August 11th. UBS Group boosted their price target on shares of Expedia Group from $182.00 to $209.00 and gave the stock a "neutral" rating in a report on Friday, August 8th. Oppenheimer restated an "outperform" rating on shares of Expedia Group in a report on Friday, August 8th. Finally, Bank of America boosted their price target on shares of Expedia Group from $211.00 to $240.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Expedia Group presently has an average rating of "Hold" and an average price target of $205.63.

Insider Activity

In other news, insider Robert J. Dzielak sold 2,658 shares of the business's stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $205.57, for a total value of $546,405.06. Following the sale, the insider owned 74,417 shares of the company's stock, valued at $15,297,902.69. The trade was a 3.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, 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 sale, the chief accounting officer directly owned 12,036 shares in the company, valued at approximately $2,477,971.68. This trade represents a 6.61% 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 valued at $2,009,132 over the last quarter. Company insiders own 9.13% of the company's stock.

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.