Expedia Group, Inc. $EXPE Stock Position Increased by Taikang Asset Management Hong Kong Co Ltd

Key Points

• Taikang Asset Management increased its stake in Expedia Group by 28.0%, acquiring 11,100 additional shares in Q1, bringing its total to 50,800 shares valued at $8,539,000.
• Corporate insiders have sold 9,816 shares of Expedia Group stock worth over $2 million in the last ninety days, indicating a decrease in their ownership positions.
• Expedia Group reported an EPS of $4.24 for the last quarter, surpassing expectations and marking a 6.4% revenue growth year-over-year.

Taikang Asset Management Hong Kong Co Ltd increased its stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 28.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 50,800 shares of the online travel company's stock after buying an additional 11,100 shares during the quarter. Expedia Group comprises 1.2% of Taikang Asset Management Hong Kong Co Ltd's portfolio, making the stock its 19th largest position. Taikang Asset Management Hong Kong Co Ltd's holdings in Expedia Group were worth $8,539,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of EXPE. Brighton Jones LLC acquired a new position in Expedia Group in the 4th quarter worth $408,000. Stifel Financial Corp increased its position in shares of Expedia Group by 4.0% during the fourth quarter. Stifel Financial Corp now owns 20,332 shares of the online travel company's stock worth $3,788,000 after acquiring an additional 779 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in shares of Expedia Group by 192.1% in the fourth quarter. Integrated Wealth Concepts LLC now owns 6,733 shares of the online travel company's stock worth $1,255,000 after acquiring an additional 4,428 shares in the last quarter. Susquehanna Fundamental Investments LLC acquired a new position in shares of Expedia Group in the fourth quarter worth about $12,747,000. Finally, Quarry LP acquired a new stake in Expedia Group during the 4th quarter valued at approximately $490,000. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Expedia Group

In related news, CAO Lance A. Soliday sold 852 shares of the company's stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the sale, the chief accounting officer owned 12,036 shares of the company's stock, valued at $2,477,971.68. This represents a 6.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Robert J. Dzielak sold 2,658 shares of the stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $205.57, for a total transaction of $546,405.06. Following the completion of the transaction, the insider owned 74,417 shares of the company's stock, valued at $15,297,902.69. This represents a 3.45% 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 worth $2,009,132 over the last ninety days. 9.13% of the stock is currently owned by corporate insiders.

Expedia Group Stock Performance

NASDAQ:EXPE traded up $2.50 during midday trading on Thursday, reaching $214.71. 1,419,945 shares of the company traded hands, compared to its average volume of 2,146,022. The firm has a market capitalization of $26.56 billion, a price-to-earnings ratio of 20.37, a price-to-earnings-growth ratio of 1.08 and a beta of 1.61. The company has a fifty day moving average price of $186.53 and a 200 day moving average price of $175.74. 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, Inc. has a twelve month low of $126.46 and a twelve month high of $216.60.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its 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. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The firm had revenue of $3.79 billion during the quarter, compared to analysts' expectations of $3.70 billion. During the same quarter in the prior year, the firm earned $3.51 EPS. Expedia Group'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. 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 disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Investors of record on Thursday, August 28th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, August 28th. Expedia Group's payout ratio is currently 19.61%.

Analysts Set New Price Targets

Several research firms have recently commented on EXPE. Cantor Fitzgerald reiterated a "neutral" rating and set a $200.00 target price on shares of Expedia Group in a research note on Wednesday, July 23rd. Wells Fargo & Company reissued a "positive" rating on shares of Expedia Group in a report on Friday, August 8th. DA Davidson boosted their target price on shares of Expedia Group from $174.00 to $218.00 and gave the stock a "neutral" rating in a research report on Friday, August 8th. Benchmark increased their price target on shares of Expedia Group from $215.00 to $265.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Finally, Oppenheimer reiterated an "outperform" rating on shares of Expedia Group in a research note on Friday, August 8th. Three analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $205.63.

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.