Expedia Group, Inc. $EXPE Shares Sold by Livforsakringsbolaget Skandia Omsesidigt

Key Points

• Livforsakringsbolaget Skandia Omsesidigt has reduced its stake in Expedia Group, Inc. by 35.5%, now holding 31,767 shares valued at approximately $5.36 million.
• Expedia Group's stock recently saw a 2.7% increase and has a market cap of $28.24 billion, reflecting strong performance with quarterly earnings topping analysts' estimates.
• The company declared a quarterly dividend of $0.40 per share, with a dividend payout ratio of 19.61%, indicating continued shareholder returns.

Livforsakringsbolaget Skandia Omsesidigt decreased its stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 35.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,767 shares of the online travel company's stock after selling 17,470 shares during the period. Livforsakringsbolaget Skandia Omsesidigt's holdings in Expedia Group were worth $5,358,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in shares of Expedia Group by 2.7% in 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 buying an additional 394,147 shares in the last quarter. Alkeon Capital Management LLC boosted its holdings 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 valued at $399,284,000 after buying an additional 398,804 shares in the last quarter. AQR Capital Management LLC boosted its holdings 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 valued at $235,592,000 after buying an additional 917,192 shares in the last quarter. Nuveen LLC acquired a new position in shares of Expedia Group in the 1st quarter valued at $227,174,000. Finally, Northern Trust Corp boosted its holdings 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 valued at $223,822,000 after buying an additional 55,575 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company's stock.

Expedia Group Stock Up 2.7%

Shares of Expedia Group stock opened at $228.24 on Tuesday. The company has a market cap of $28.24 billion, a P/E ratio of 27.97, a PEG ratio of 1.17 and a beta of 1.57. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. Expedia Group, Inc. has a one year low of $130.01 and a one year high of $229.00. The firm has a fifty day moving average of $198.77 and a two-hundred day moving average of $176.86.

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, topping analysts' consensus estimates of $4.13 by $0.11. The company had revenue of $3.79 billion during the quarter, compared to the consensus estimate 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 in the prior year, the firm earned $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is 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 19.61%.

Insider Transactions at Expedia Group

In other news, insider Robert J. Dzielak sold 3,306 shares of the company's stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $200.84, for a total transaction of $663,977.04. Following the transaction, the insider directly owned 77,075 shares of the company's stock, valued at $15,479,743. This represents a 4.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Craig A. Jacobson sold 3,000 shares of the company's stock in a transaction 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 in the company, valued at approximately $7,035,015.24. This trade represents a 8.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 9,816 shares of company stock valued at $2,009,132 in the last ninety days. 9.13% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts recently commented on the stock. UBS Group upped their price target on shares of Expedia Group from $182.00 to $209.00 and gave the company a "neutral" rating in a research report on Friday, August 8th. Bank of America upped their price target on shares of Expedia Group from $211.00 to $240.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Wall Street Zen upgraded shares of Expedia Group from a "hold" rating to a "buy" rating in a research report on Monday, July 28th. Truist Financial reduced their price target on shares of Expedia Group from $175.00 to $168.00 and set a "hold" rating for the company in a research report on Tuesday, June 24th. Finally, Sanford C. Bernstein set a $210.00 price target on shares of Expedia Group in a research report on Monday, August 11th. Three analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target 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.

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