Cookson Peirce & Co. Inc. Sells 9,961 Shares of Expedia Group, Inc. $EXPE

Cookson Peirce & Co. Inc. decreased its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 7.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 122,048 shares of the online travel company's stock after selling 9,961 shares during the period. Cookson Peirce & Co. Inc. owned approximately 0.10% of Expedia Group worth $20,587,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. D.A. Davidson & CO. increased its position in shares of Expedia Group by 94.9% during the second quarter. D.A. Davidson & CO. now owns 22,024 shares of the online travel company's stock worth $3,715,000 after acquiring an additional 10,726 shares in the last quarter. Jackson Thornton Wealth Management LLC bought a new stake in shares of Expedia Group during the second quarter worth $240,000. Aurora Investment Counsel increased its position in shares of Expedia Group by 3.1% during the second quarter. Aurora Investment Counsel now owns 5,469 shares of the online travel company's stock worth $923,000 after acquiring an additional 166 shares in the last quarter. Stephens Inc. AR bought a new stake in shares of Expedia Group during the second quarter worth $311,000. Finally, Chicago Partners Investment Group LLC bought a new stake in shares of Expedia Group during the second quarter worth $726,000. Institutional investors own 90.76% of the company's stock.

Expedia Group Stock Performance

Shares of EXPE opened at $226.14 on Wednesday. The firm has a 50-day moving average of $216.41 and a 200-day moving average of $185.46. Expedia Group, Inc. has a one year low of $130.01 and a one year high of $240.98. The company has a market cap of $27.98 billion, a PE ratio of 27.71, a price-to-earnings-growth ratio of 1.14 and a beta of 1.56. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $3.70 billion. During the same quarter last year, the firm posted $3.51 EPS. The company's quarterly revenue was up 6.4% on a year-over-year basis. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Dividend Announcement

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

Analysts Set New Price Targets

A number of research firms recently weighed in on EXPE. Benchmark raised their target price on shares of Expedia Group from $215.00 to $265.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Oppenheimer reaffirmed an "outperform" rating on shares of Expedia Group in a research report on Friday, August 8th. Truist Financial decreased their target price on shares of Expedia Group from $175.00 to $168.00 and set a "hold" rating for the company in a research report on Tuesday, June 24th. DA Davidson raised their target price on shares of Expedia Group from $174.00 to $218.00 and gave the company a "neutral" rating in a research report on Friday, August 8th. Finally, Citigroup raised their target price on shares of Expedia Group from $177.00 to $206.00 and gave the company 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 given a Buy rating, twenty-one have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $211.54.

Insider Activity

In other news, insider Robert J. Dzielak sold 3,306 shares of the firm's stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $200.84, for a total transaction of $663,977.04. Following the completion of the sale, the insider owned 77,075 shares in the company, valued at approximately $15,479,743. This trade represents a 4.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Lance A. Soliday sold 852 shares of the firm's stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total transaction of $175,409.76. Following the sale, the chief accounting officer owned 12,036 shares of the company's stock, valued at approximately $2,477,971.68. This represents a 6.61% decrease in their position. 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 in the last quarter. Company insiders own 9.13% of the company's stock.

Expedia Group 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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