Expedia Group, Inc. $EXPE Shares Bought by Banque Transatlantique SA

Key Points

• Banque Transatlantique SA increased its holdings in Expedia Group, Inc. by 1,929.5%, owning a total of 4,952 shares worth approximately $769,000 at the end of the first quarter.
• In the same quarter, other institutional investors, such as Nuveen LLC and Los Angeles Capital Management LLC, also expanded their positions in Expedia Group, contributing to 90.76% of the company's stock being owned by institutional investors.
• Expedia Group reported earnings of $4.24 per share for the last quarter, exceeding estimates and marking a 6.4% increase in revenue year-over-year.

Banque Transatlantique SA raised its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 1,929.5% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,952 shares of the online travel company's stock after buying an additional 4,708 shares during the period. Banque Transatlantique SA's holdings in Expedia Group were worth $769,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Minot DeBlois Advisors LLC purchased a new stake in shares of Expedia Group during the 4th quarter worth $27,000. McClarren Financial Advisors Inc. acquired a new stake in Expedia Group during the 1st quarter worth $28,000. Atlas Capital Advisors Inc. acquired a new stake in Expedia Group during the 1st quarter worth $28,000. Park Square Financial Group LLC acquired a new position in Expedia Group in the first quarter valued at $34,000. Finally, Zions Bancorporation National Association UT acquired a new position in Expedia Group in the first quarter valued at $36,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on EXPE. Piper Sandler boosted their price target on shares of Expedia Group from $135.00 to $190.00 and gave the stock an "underweight" rating in a research note on Friday, August 8th. DA Davidson upped their price target on shares of Expedia Group from $174.00 to $218.00 and gave the company a "neutral" rating in a 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 report on Tuesday, June 24th. Oppenheimer reissued an "outperform" rating on shares of Expedia Group in a research note on Friday, August 8th. Finally, Royal Bank Of Canada upped their price objective on shares of Expedia Group from $180.00 to $200.00 and gave the company a "sector perform" rating in a research note on Friday, August 8th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $205.63.

Expedia Group Stock Down 0.7%

NASDAQ EXPE traded down $1.57 during trading hours on Friday, reaching $214.95. 1,353,213 shares of the company traded hands, compared to its average volume of 1,838,513. Expedia Group, Inc. has a 12 month low of $126.46 and a 12 month high of $219.10. 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 stock has a market capitalization of $26.59 billion, a PE ratio of 26.34, a PEG ratio of 1.10 and a beta of 1.57. The company has a 50 day moving average of $193.22 and a two-hundred day moving average of $176.12.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $3.70 billion. During the same period last year, the firm posted $3.51 EPS. The company's revenue for the quarter 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 expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th will be 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 is Thursday, August 28th. Expedia Group's dividend payout ratio (DPR) is presently 19.61%.

Insider Activity at Expedia Group

In related news, CAO Lance A. Soliday sold 852 shares of Expedia Group 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 sale, 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 position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 2,658 shares of the firm's 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 transaction, the insider directly owned 74,417 shares in the company, valued at approximately $15,297,902.69. The trade was 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 in the last ninety days. 9.13% of the stock is owned by insiders.

Expedia Group Company 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.