Expedia Group, Inc. $EXPE Shares Purchased by Bayforest Capital Ltd

Key Points

• Bayforest Capital Ltd significantly increased its holdings in Expedia Group, acquiring an additional 2,068 shares, leading to a total ownership of 2,122 shares worth approximately $358,000.
• Expedia Group reported a quarterly EPS of $4.24, exceeding analysts' estimates and showing a 6.4% increase in revenue compared to the same period last year.
• The company recently announced a quarterly dividend of $0.40, representing a 0.7% dividend yield on an annualized basis.

Bayforest Capital Ltd increased its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 3,829.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,122 shares of the online travel company's stock after acquiring an additional 2,068 shares during the quarter. Bayforest Capital Ltd's holdings in Expedia Group were worth $358,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Sagespring Wealth Partners LLC acquired a new position in Expedia Group during the second quarter worth about $204,000. RFG Advisory LLC boosted its position in Expedia Group by 57.7% during the second quarter. RFG Advisory LLC now owns 2,045 shares of the online travel company's stock worth $345,000 after acquiring an additional 748 shares during the last quarter. NorthRock Partners LLC acquired a new position in Expedia Group during the second quarter worth about $440,000. Verdence Capital Advisors LLC boosted its position in Expedia Group by 76.6% during the second quarter. Verdence Capital Advisors LLC now owns 7,710 shares of the online travel company's stock worth $1,300,000 after acquiring an additional 3,344 shares during the last quarter. Finally, Sequoia Financial Advisors LLC boosted its position in Expedia Group by 45.7% during the second quarter. Sequoia Financial Advisors LLC now owns 3,653 shares of the online travel company's stock worth $616,000 after acquiring an additional 1,145 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 2,658 shares of the stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $205.57, for a total value of $546,405.06. Following the sale, the insider directly owned 74,417 shares of the company's stock, valued at approximately $15,297,902.69. This represents a 3.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Lance A. Soliday sold 852 shares of the company's stock in a transaction on Wednesday, August 20th. The shares were 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 position. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,816 shares of company stock valued at $2,009,132. Insiders own 9.13% of the company's stock.

Expedia Group Price Performance

Shares of EXPE opened at $218.43 on Thursday. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $240.98. The firm's 50 day moving average price is $214.53 and its 200 day moving average price is $183.66. The company has a market cap of $27.02 billion, a P/E ratio of 26.77, a PEG ratio of 1.17 and a beta of 1.56. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, beating 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 in the prior year, the firm posted $3.51 EPS. The company's quarterly revenue was up 6.4% compared to the same quarter last year. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, research analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th were given a $0.40 dividend. The ex-dividend date of this dividend was Thursday, August 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.7%. Expedia Group's dividend payout ratio is currently 19.61%.

Wall Street Analyst Weigh In

Several research firms have weighed in on EXPE. Mizuho began coverage on shares of Expedia Group in a report on Tuesday, September 30th. They issued a "neutral" rating and a $240.00 target price on the stock. Weiss Ratings reiterated a "hold (c)" rating on shares of Expedia Group in a report on Wednesday, October 8th. Oppenheimer reiterated an "outperform" rating on shares of Expedia Group in a report on Friday, August 8th. Piper Sandler boosted their target price on shares of Expedia Group from $135.00 to $190.00 and gave the company an "underweight" rating in a report on Friday, August 8th. Finally, Benchmark boosted their target price on shares of Expedia Group from $215.00 to $265.00 and gave the company a "buy" rating in a report on Friday, August 8th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $209.00.

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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