Farley Capital L.P. Increases Stock Position in Expedia Group, Inc. $EXPE

Farley Capital L.P. raised its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 116.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,050 shares of the online travel company's stock after purchasing an additional 3,800 shares during the period. Expedia Group makes up about 0.9% of Farley Capital L.P.'s investment portfolio, making the stock its 11th largest holding. Farley Capital L.P.'s holdings in Expedia Group were worth $1,189,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. boosted its position in shares of Expedia Group by 2.7% during the first 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 during the last quarter. Alkeon Capital Management LLC raised its position in 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 worth $399,284,000 after buying an additional 398,804 shares during the last quarter. AQR Capital Management LLC lifted its stake in Expedia Group by 174.0% during 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 acquiring an additional 917,192 shares during the period. Nuveen LLC purchased a new stake in shares of Expedia Group during the 1st quarter valued at about $227,174,000. Finally, Northern Trust Corp grew its stake in shares of Expedia Group by 4.4% in the first quarter. Northern Trust Corp now owns 1,331,482 shares of the online travel company's stock worth $223,822,000 after acquiring an additional 55,575 shares during the period. Hedge funds and other institutional investors own 90.76% of the company's stock.

Insider Activity

In related news, CAO Lance A. Soliday sold 852 shares of the firm'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 directly owned 12,036 shares of the company's stock, valued at approximately $2,477,971.68. This trade represents a 6.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total transaction of $623,340.00. Following the completion of the sale, the director owned 33,858 shares in the company, valued at approximately $7,035,015.24. This 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 worth $2,009,132 over the last quarter. Insiders own 9.13% of the company's stock.

Expedia Group Stock Up 0.1%

EXPE opened at $226.39 on Thursday. The stock has a market cap of $28.01 billion, a price-to-earnings ratio of 27.74, a price-to-earnings-growth ratio of 1.18 and a beta of 1.56. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. The firm's fifty day moving average is $216.74 and its 200 day moving average is $185.74. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $240.98.

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 the consensus estimate of $4.13 by $0.11. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The business had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.70 billion. During the same period in the previous year, the business earned $3.51 earnings per share. The business's revenue 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. On average, sell-side analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

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

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on EXPE. Jefferies Financial Group raised their target price on shares of Expedia Group from $210.00 to $220.00 and gave the stock a "hold" rating in a report on Friday, October 17th. Mizuho initiated coverage on Expedia Group in a report on Tuesday, September 30th. They issued a "neutral" rating and a $240.00 price objective for the company. Cantor Fitzgerald reissued a "neutral" rating and issued a $200.00 target price on shares of Expedia Group in a report on Wednesday, July 23rd. KeyCorp started coverage on Expedia Group in a research report on Wednesday. They issued a "sector weight" rating on the stock. Finally, 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. Three analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty-two have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $211.89.

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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