Counterpoint Mutual Funds LLC Acquires Shares of 2,028 Expedia Group, Inc. $EXPE

Key Points

• Counterpoint Mutual Funds LLC acquired 2,028 shares of Expedia Group, Inc., valued at approximately $342,000, during the second quarter.
• Expedia's recent earnings report showed an EPS of $4.24, beating expectations and reflecting a year-over-year revenue increase of 6.4%.
• Insider transactions revealed that Director Craig A. Jacobson sold 3,000 shares, resulting in an 8.14% decrease in their ownership of the stock.

Counterpoint Mutual Funds LLC acquired a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,028 shares of the online travel company's stock, valued at approximately $342,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in Expedia Group by 2.7% during the 1st quarter. Vanguard Group Inc. now owns 15,201,811 shares of the online travel company's stock valued at $2,555,424,000 after acquiring an additional 394,147 shares during the last quarter. Alkeon Capital Management LLC lifted its position in shares of Expedia Group by 20.2% in the 1st quarter. Alkeon Capital Management LLC now owns 2,375,276 shares of the online travel company's stock worth $399,284,000 after buying an additional 398,804 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Expedia Group by 174.0% in the 1st quarter. AQR Capital Management LLC now owns 1,444,283 shares of the online travel company's stock worth $235,592,000 after buying an additional 917,192 shares during the last quarter. Nuveen LLC bought a new position in shares of Expedia Group in the 1st quarter worth about $227,174,000. Finally, Northern Trust Corp lifted its position in shares of Expedia Group by 4.4% in the 1st quarter. Northern Trust Corp now owns 1,331,482 shares of the online travel company's stock worth $223,822,000 after buying an additional 55,575 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Insider Transactions at Expedia Group

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the firm's stock in a transaction dated 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 directly owned 33,858 shares in the company, valued at $7,035,015.24. This trade represents a 8.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available 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 completion of the transaction, the chief accounting officer owned 12,036 shares of the company's stock, valued at approximately $2,477,971.68. The trade was a 6.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 9,816 shares of company stock valued at $2,009,132 in the last quarter. Insiders own 9.13% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on EXPE. Cowen restated a "hold" rating on shares of Expedia Group in a research report on Friday, August 8th. Citigroup raised their price target on shares of Expedia Group from $177.00 to $206.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 13th. Wells Fargo & Company restated a "positive" rating on shares of Expedia Group in a research report on Friday, August 8th. Truist Financial reduced their price target on shares of Expedia Group from $175.00 to $168.00 and set a "hold" rating on the stock in a research report on Tuesday, June 24th. Finally, Cantor Fitzgerald reaffirmed a "neutral" rating and issued a $200.00 price objective on shares of Expedia Group in a report on Wednesday, July 23rd. Three investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seventeen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Expedia Group has an average rating of "Moderate Buy" and a consensus target price of $207.77.

Expedia Group Stock Down 1.5%

Expedia Group stock opened at $217.83 on Thursday. The stock has a market cap of $26.95 billion, a price-to-earnings ratio of 26.69, a PEG ratio of 1.16 and a beta of 1.57. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. The company's 50-day moving average price is $204.69 and its two-hundred day moving average price is $178.66. Expedia Group, Inc. has a 52 week low of $130.01 and a 52 week high of $229.00.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its earnings results on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, beating the consensus estimate of $4.13 by $0.11. The firm had revenue of $3.79 billion for 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%. Expedia Group's quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the company earned $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, August 28th. This represents a $1.60 annualized dividend and a yield of 0.7%. Expedia Group's dividend payout ratio (DPR) is presently 19.61%.

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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