Gitterman Wealth Management LLC Invests $297,000 in Expedia Group, Inc. $EXPE

Key Points

• Gitterman Wealth Management LLC acquired a new stake in Expedia Group, purchasing 1,767 shares valued at approximately $297,000 during the first quarter.
• Several institutional investors, including Nuveen LLC and Los Angeles Capital Management LLC, have significantly increased their stakes in Expedia Group, indicating a strong institutional interest with 90.76% of the stock owned by such investors.
• Expedia Group reported better-than-expected earnings with an EPS of $4.24, surpassing analysts' consensus estimate of $4.13, alongside a quarterly revenue of $3.79 billion.

Gitterman Wealth Management LLC acquired a new stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,767 shares of the online travel company's stock, valued at approximately $297,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Hunter Associates Investment Management LLC lifted its position in shares of Expedia Group by 10.2% during the first quarter. Hunter Associates Investment Management LLC now owns 29,950 shares of the online travel company's stock worth $5,051,000 after purchasing an additional 2,776 shares in the last quarter. Praxis Investment Management Inc. raised its position in Expedia Group by 63.5% in the 1st quarter. Praxis Investment Management Inc. now owns 4,610 shares of the online travel company's stock worth $775,000 after purchasing an additional 1,790 shares during the last quarter. Monument Capital Management acquired a new position in Expedia Group during the 1st quarter worth $2,261,000. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in Expedia Group by 19.0% in the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 15,838 shares of the online travel company's stock valued at $2,662,000 after buying an additional 2,534 shares during the last quarter. Finally, State of Alaska Department of Revenue increased its stake in shares of Expedia Group by 3.2% in the 1st quarter. State of Alaska Department of Revenue now owns 14,451 shares of the online travel company's stock valued at $2,429,000 after buying an additional 445 shares during the period. Institutional investors and hedge funds own 90.76% of the company's stock.

Insider Activity at Expedia Group

In related news, insider Robert J. Dzielak sold 2,658 shares of the business's stock in a transaction 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 transaction, the insider directly owned 74,417 shares in the company, valued at approximately $15,297,902.69. The trade was a 3.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 transaction, the director owned 33,858 shares in the company, valued at $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. Over the last quarter, insiders have sold 9,816 shares of company stock valued at $2,009,132. 9.13% of the stock is owned by insiders.

Expedia Group Stock Down 0.7%

EXPE traded down $1.46 during trading on Monday, reaching $213.35. The company had a trading volume of 1,563,414 shares, compared to its average volume of 2,105,906. The business's fifty day moving average price is $183.52 and its 200 day moving average price is $175.14. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. Expedia Group, Inc. has a 12 month low of $126.46 and a 12 month high of $216.60. The company has a market cap of $26.40 billion, a P/E ratio of 26.15, a PEG ratio of 1.10 and a beta of 1.61.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.13 by $0.11. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The firm had revenue of $3.79 billion during the quarter, compared to analysts' expectations of $3.70 billion. During the same quarter in the prior year, the company earned $3.51 EPS. The company'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. Equities analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current 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 given a $0.40 dividend. 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 payout ratio is currently 19.61%.

Wall Street Analysts Forecast Growth

EXPE has been the topic of several research reports. Cantor Fitzgerald reaffirmed a "neutral" rating and set a $200.00 price target on shares of Expedia Group in a research note on Wednesday, July 23rd. Wedbush upped their target price 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. Morgan Stanley boosted their price target on shares of Expedia Group from $150.00 to $165.00 and gave the stock an "equal weight" rating in a research note on Monday, July 21st. Cowen reaffirmed a "hold" rating on shares of Expedia Group in a report on Friday, August 8th. Finally, Benchmark raised their price target on Expedia Group from $215.00 to $265.00 and gave the stock a "buy" rating in a research report 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 given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus 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.