Coppell Advisory Solutions LLC Takes Position in Expedia Group, Inc. $EXPE

Key Points

• Coppell Advisory Solutions initiated a position in Expedia Group by purchasing 26,295 shares valued at approximately $67,000. Institutional investors collectively own 90.76% of EXPE’s outstanding shares.
• Expedia reported quarterly earnings of $5.76 per share, exceeding estimates by $0.54, while revenue reached $4.32 billion—up 14% year over year and above analyst expectations.
• The company declared a quarterly dividend of $0.48 per share, equivalent to an annualized $1.92 payout and a 0.6% yield. Analysts maintain a consensus “Hold” rating with an average price target of $318.71.

Coppell Advisory Solutions LLC bought a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the second quarter, according to its most recent filing with the SEC. The fund bought 26,295 shares of the online travel company's stock, valued at approximately $67,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Independence Bank of Kentucky grew its position in shares of Expedia Group by 0.6% during the 2nd quarter. Independence Bank of Kentucky now owns 5,270 shares of the online travel company's stock valued at $1,348,000 after acquiring an additional 32 shares during the period. Proficio Capital Partners LLC bought a new stake in shares of Expedia Group in the 2nd quarter worth approximately $858,000. Rehmann Capital Advisory Group lifted its stake in Expedia Group by 6.5% in the second quarter. Rehmann Capital Advisory Group now owns 7,438 shares of the online travel company's stock valued at $1,904,000 after purchasing an additional 453 shares during the last quarter. Railway Pension Investments Ltd lifted its stake in Expedia Group by 1.1% in the second quarter. Railway Pension Investments Ltd now owns 268,659 shares of the online travel company's stock valued at $68,744,000 after purchasing an additional 2,959 shares during the last quarter. Finally, New Mexico Educational Retirement Board grew its holdings in Expedia Group by 5.5% during the second quarter. New Mexico Educational Retirement Board now owns 5,778 shares of the online travel company's stock valued at $1,478,000 after purchasing an additional 300 shares during the period. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Stock Down 1.6%

Expedia Group stock opened at $303.14 on Friday. Expedia Group, Inc. has a 1-year low of $185.34 and a 1-year high of $342.00. The firm has a market capitalization of $36.38 billion, a price-to-earnings ratio of 18.90, a P/E/G ratio of 0.75 and a beta of 1.25. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 2.21. The firm has a 50 day simple moving average of $294.15 and a 200 day simple moving average of $253.52.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its earnings results on Wednesday, August 5th. The online travel company reported $5.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.22 by $0.54. The firm had revenue of $4.32 billion for the quarter, compared to the consensus estimate of $4.17 billion. Expedia Group had a return on equity of 87.32% and a net margin of 12.97%.The business's quarterly revenue was up 14.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.24 earnings per share. On average, analysts predict that Expedia Group, Inc. will post 17.15 earnings per share for the current year.

Expedia Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, August 27th will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $1.92 dividend on an annualized basis and a yield of 0.6%. Expedia Group's dividend payout ratio is 11.97%.

Wall Street Analysts Forecast Growth

EXPE has been the subject of a number of recent research reports. Dbs Bank raised Expedia Group from a "hold" rating to a "moderate buy" rating in a research report on Monday, May 11th. Weiss Ratings raised Expedia Group from a "hold (c)" rating to a "buy (b-)" rating in a research report on Friday, August 21st. Morgan Stanley increased their price target on Expedia Group from $290.00 to $300.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 30th. DA Davidson decreased their price objective on Expedia Group from $260.00 to $250.00 and set a "neutral" rating for the company in a report on Friday, May 15th. Finally, B. Riley Financial boosted their price objective on Expedia Group from $350.00 to $390.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. Eighteen equities research analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the company's stock. According to MarketBeat, Expedia Group presently has an average rating of "Hold" and an average target price of $318.71.

Insiders Place Their Bets

In other Expedia Group news, Director Craig Jacobson sold 3,133 shares of the firm's stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $328.52, for a total value of $1,029,253.16. Following the completion of the transaction, the director owned 29,832 shares in the company, valued at $9,800,408.64. This trade represents a 9.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Lance Soliday sold 2,810 shares of Expedia Group stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $323.65, for a total value of $909,456.50. Following the transaction, the chief accounting officer directly owned 12,006 shares of the company's stock, valued at $3,885,741.90. The trade was a 18.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 11,950 shares of company stock worth $3,881,995 in the last quarter. 5.20% of the stock is owned by company insiders.

Expedia Group Company Profile

Expedia Group NASDAQ: EXPE is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company's platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source