Cwm LLC Boosts Stock Position in Expedia Group, Inc. $EXPE

Key Points

• Cwm LLC increased its stake in Expedia Group by 102.9% in the second quarter, holding 49,508 shares valued at approximately $8.35 million following the acquisition of 25,108 additional shares.
• Insider transactions included Director Craig A. Jacobson selling 3,000 shares and CAO Lance A. Soliday selling 852 shares, indicating a decrease in their positions.
• Analysts have recently adjusted their price targets for Expedia Group, with Citigroup raising it from $177.00 to $206.00, reflecting a "neutral" rating and suggesting strong market interest.

Cwm LLC increased its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 102.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,508 shares of the online travel company's stock after purchasing an additional 25,108 shares during the quarter. Cwm LLC's holdings in Expedia Group were worth $8,351,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Personalized Indexing Management LLC increased its position in Expedia Group by 6.3% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 17,279 shares of the online travel company's stock worth $2,916,000 after purchasing an additional 1,030 shares in the last quarter. Concurrent Investment Advisors LLC purchased a new stake in Expedia Group in the 2nd quarter valued at about $312,000. waypoint wealth counsel purchased a new stake in Expedia Group in the 2nd quarter valued at about $383,000. U S Global Investors Inc. grew its holdings in Expedia Group by 1.8% in the 2nd quarter. U S Global Investors Inc. now owns 95,298 shares of the online travel company's stock valued at $16,075,000 after buying an additional 1,659 shares during the period. Finally, Trust Co. of Toledo NA OH purchased a new stake in Expedia Group in the 2nd quarter valued at about $31,000. Hedge funds and other institutional investors own 90.76% of the company's stock.

Insider Buying and Selling

In related news, Director Craig A. Jacobson sold 3,000 shares of the business's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total transaction of $623,340.00. Following the transaction, the director directly owned 33,858 shares of the company's stock, valued at approximately $7,035,015.24. The trade was a 8.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through 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 stock was sold at an average price of $205.88, for a total value of $175,409.76. Following the transaction, the chief accounting officer directly owned 12,036 shares in the company, valued at $2,477,971.68. This trade represents a 6.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 9,816 shares of company stock valued at $2,009,132. Corporate insiders own 9.13% of the company's stock.

Analysts Set New Price Targets

EXPE has been the subject of several recent analyst reports. 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. Royal Bank Of Canada lifted their price target on Expedia Group from $180.00 to $200.00 and gave the company a "sector perform" rating in a report on Friday, August 8th. Wedbush lifted their price target on Expedia Group from $175.00 to $220.00 and gave the company a "neutral" rating in a report on Friday, August 8th. B. Riley lifted their price target on Expedia Group from $222.00 to $260.00 and gave the company a "buy" rating in a report on Friday, August 8th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Expedia Group in a report on Wednesday, October 8th. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $209.00.

Expedia Group Stock Performance

NASDAQ EXPE opened at $223.12 on Wednesday. The firm has a market capitalization of $27.60 billion, a P/E ratio of 27.34, a P/E/G ratio of 1.13 and a beta of 1.56. Expedia Group, Inc. has a 1-year low of $130.01 and a 1-year high of $240.98. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. The business's 50-day simple moving average is $213.86 and its 200-day simple moving average is $183.42.

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

Expedia Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, August 28th were given 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 payout ratio is 19.61%.

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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