Expedia Group, Inc. $EXPE Shares Sold by Venture Visionary Partners LLC

Key Points

• Venture Visionary Partners LLC has reduced its holdings in Expedia Group, Inc. by 44.5%, selling 10,705 shares and now owning 13,333 shares valued at approximately $2.24 million.
• Several analysts have recently upgraded their price targets for Expedia Group, with Barclays setting a new target of $197 and UBS raising it to $209, reflecting overall positive sentiment toward the stock.
• Expedia Group reported a quarterly earnings per share of $4.24, exceeding estimates, with revenues totaling $3.79 billion, marking a 6.4% increase from the previous year.

Venture Visionary Partners LLC reduced its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 44.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,333 shares of the online travel company's stock after selling 10,705 shares during the period. Venture Visionary Partners LLC's holdings in Expedia Group were worth $2,241,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Minot DeBlois Advisors LLC purchased a new position in Expedia Group during the fourth quarter worth approximately $27,000. McClarren Financial Advisors Inc. acquired a new stake in shares of Expedia Group in the 1st quarter worth $28,000. Atlas Capital Advisors Inc. purchased a new position in shares of Expedia Group during the 1st quarter worth $28,000. Park Square Financial Group LLC purchased a new position in shares of Expedia Group during the 1st quarter worth $34,000. Finally, Zions Bancorporation National Association UT acquired a new position in shares of Expedia Group during the 1st quarter valued at about $36,000. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on EXPE shares. Oppenheimer restated an "outperform" rating on shares of Expedia Group in a research report on Friday, August 8th. Susquehanna raised their price target on shares of Expedia Group from $175.00 to $200.00 and gave the stock a "neutral" rating in a report on Monday, August 11th. Wedbush lifted their price target on shares of Expedia Group from $175.00 to $220.00 and gave the company a "neutral" rating in a research report on Friday, August 8th. Cantor Fitzgerald reiterated a "neutral" rating and issued a $200.00 price objective on shares of Expedia Group in a research report on Wednesday, July 23rd. Finally, UBS Group raised their target price on Expedia Group from $182.00 to $209.00 and gave the stock a "neutral" rating 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 given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Expedia Group has an average rating of "Hold" and an average target price of $205.63.

Expedia Group Trading Up 4.6%

Shares of NASDAQ EXPE traded up $9.46 during trading on Friday, reaching $214.81. The stock had a trading volume of 2,216,478 shares, compared to its average volume of 2,102,833. The business's 50-day moving average price is $183.52 and its 200-day moving average price is $175.12. Expedia Group, Inc. has a fifty-two week low of $126.46 and a fifty-two week high of $216.60. The company has a market cap of $26.58 billion, a P/E ratio of 26.32, a PEG ratio of 1.10 and a beta of 1.61. 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 (NASDAQ:EXPE - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, beating the consensus estimate of $4.13 by $0.11. The business had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.70 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The business's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter last year, the firm posted $3.51 earnings per share. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The business also recently announced 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 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, August 28th. Expedia Group's payout ratio is presently 19.61%.

Insider Buying and Selling at Expedia Group

In other news, Director Craig A. Jacobson sold 3,000 shares of the business's stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total transaction of $623,340.00. Following the completion of 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 2,658 shares of the firm's stock in a transaction that occurred on 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 sale, the insider directly owned 74,417 shares in the company, valued at approximately $15,297,902.69. This trade represents a 3.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 9,816 shares of company stock valued at $2,009,132 in the last quarter. Corporate insiders own 9.13% of the company's stock.

About Expedia Group

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.