Freestone Capital Holdings LLC Buys 13,798 Shares of Expedia Group, Inc. $EXPE

Key Points

• Freestone Capital Holdings LLC significantly increased its stake in Expedia Group by 635.9%, owning nearly 16,000 shares valued at approximately $2.68 million.
• Expedia's recent quarterly earnings reported an EPS of $4.24, exceeding estimates, with a year-over-year revenue growth of 6.4%.
• The company declared a quarterly dividend of $0.40 per share, with an annualized yield of 0.8%, highlighting its ongoing commitment to returning value to shareholders.

Freestone Capital Holdings LLC lifted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 635.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 15,968 shares of the online travel company's stock after acquiring an additional 13,798 shares during the quarter. Freestone Capital Holdings LLC's holdings in Expedia Group were worth $2,684,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Corient IA LLC bought a new position in shares of Expedia Group during the 1st quarter worth $336,000. Tocqueville Asset Management L.P. purchased a new stake in Expedia Group during the 1st quarter worth about $255,000. Ethic Inc. lifted its holdings in Expedia Group by 5.6% during the 1st quarter. Ethic Inc. now owns 25,655 shares of the online travel company's stock worth $4,302,000 after purchasing an additional 1,370 shares in the last quarter. Brandywine Global Investment Management LLC boosted its position in shares of Expedia Group by 12.2% during the 1st quarter. Brandywine Global Investment Management LLC now owns 197,442 shares of the online travel company's stock valued at $33,190,000 after acquiring an additional 21,419 shares during the last quarter. Finally, Aberdeen Group plc boosted its position in shares of Expedia Group by 101.9% during the 1st quarter. Aberdeen Group plc now owns 96,110 shares of the online travel company's stock valued at $15,738,000 after acquiring an additional 48,511 shares during the last quarter. Institutional investors own 90.76% of the company's stock.

Expedia Group Stock Up 4.6%

Shares of NASDAQ EXPE traded up $9.46 during mid-day trading on Friday, hitting $214.81. 2,216,478 shares of the stock traded hands, compared to its average volume of 2,102,833. 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 52 week low of $126.46 and a 52 week high of $216.60. The company has a market cap of $26.58 billion, a price-to-earnings ratio of 26.32, a PEG ratio of 1.05 and a beta of 1.61. The stock has a fifty day moving average price of $183.52 and a 200-day moving average price of $175.09.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share 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 company had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.70 billion. During the same period in the previous year, the company posted $3.51 earnings per share. The firm'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. Research analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Investors of record on Thursday, August 28th will be given a dividend of $0.40 per share. The ex-dividend date is Thursday, August 28th. This represents a $1.60 annualized dividend and a dividend yield of 0.7%. Expedia Group's payout ratio is currently 19.61%.

Insider Activity at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 852 shares of the business's stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total value of $175,409.76. Following the sale, the chief accounting officer directly 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Craig A. Jacobson sold 3,000 shares of the business's stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total value of $623,340.00. Following the completion of the sale, the director directly owned 33,858 shares in the company, valued at $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 9,816 shares of company stock worth $2,009,132 over the last ninety days. 9.13% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Royal Bank Of Canada lifted their price target on Expedia Group from $180.00 to $200.00 and gave the company a "sector perform" rating in a research report on Friday, August 8th. Wall Street Zen raised Expedia Group from a "hold" rating to a "buy" rating in a report on Monday, July 28th. Cowen reissued a "hold" rating on shares of Expedia Group in a report on Friday, August 8th. DA Davidson raised their price objective on Expedia Group from $174.00 to $218.00 and gave the company a "neutral" rating in a report on Friday, August 8th. Finally, Bank of America lifted their price target on Expedia Group from $211.00 to $240.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Expedia Group presently has a consensus rating of "Hold" and an average target price 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.