Expedia Group, Inc. (NASDAQ:EXPE) Shares Purchased by Silvercrest Asset Management Group LLC

Silvercrest Asset Management Group LLC increased its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 14.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,891 shares of the online travel company's stock after purchasing an additional 1,723 shares during the quarter. Silvercrest Asset Management Group LLC's holdings in Expedia Group were worth $2,588,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Minot DeBlois Advisors LLC acquired a new position in shares of Expedia Group in the fourth quarter worth $27,000. SRH Advisors LLC acquired a new position in shares of Expedia Group in the fourth quarter worth $28,000. Sava Infond d.o.o. acquired a new position in shares of Expedia Group in the fourth quarter worth $28,000. Grove Bank & Trust raised its holdings in shares of Expedia Group by 676.2% in the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock worth $30,000 after acquiring an additional 142 shares during the last quarter. Finally, Prudent Man Investment Management Inc. acquired a new position in shares of Expedia Group in the fourth quarter worth $34,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of the company's stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total transaction of $1,028,500.00. Following the sale, the insider now owns 74,502 shares in the company, valued at $15,325,061.40. This represents a 6.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 6.80% of the company's stock.

Analyst Ratings Changes

EXPE has been the subject of a number of analyst reports. JPMorgan Chase & Co. cut their price target on Expedia Group from $205.00 to $170.00 and set a "neutral" rating for the company in a report on Tuesday, April 8th. Oppenheimer cut their price target on Expedia Group from $230.00 to $210.00 and set an "outperform" rating for the company in a report on Friday, May 9th. Susquehanna cut their price target on Expedia Group from $205.00 to $175.00 and set a "neutral" rating for the company in a report on Monday, May 12th. Piper Sandler cut Expedia Group from a "neutral" rating to an "underweight" rating and cut their price target for the stock from $174.00 to $135.00 in a report on Friday, May 9th. Finally, Wells Fargo & Company boosted their price target on Expedia Group from $143.00 to $149.00 and gave the stock an "equal weight" rating in a report on Friday, May 9th. One research analyst has rated the stock with a sell rating, seventeen have given a hold rating, eleven have issued a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Expedia Group has an average rating of "Moderate Buy" and a consensus price target of $186.35.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $165.49 on Tuesday. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $207.73. The business has a 50-day moving average of $160.53 and a 200-day moving average of $176.22. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. The company has a market capitalization of $21.32 billion, a price-to-earnings ratio of 18.29, a PEG ratio of 0.92 and a beta of 1.62.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its earnings results on Thursday, May 8th. The online travel company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.02). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. The company had revenue of $2.99 billion during the quarter, compared to analysts' expectations of $3.02 billion. During the same period in the previous year, the company earned $0.21 EPS. Expedia Group's quarterly revenue was up 3.4% on a year-over-year basis. On average, equities analysts anticipate 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 Wednesday, June 18th. Stockholders of record on Thursday, May 29th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.97%. The ex-dividend date of this dividend is Thursday, May 29th. Expedia Group's payout ratio is 18.87%.

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.

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