Expedia Group, Inc. $EXPE Shares Sold by Groupama Asset Managment

Key Points

• Groupama Asset Management significantly reduced its holdings in Expedia Group by 82%, owning just 1,264 shares valued at $212,000 as of the latest SEC filing.
• Expedia Group reported earnings per share of $4.24 for the last quarter, exceeding analyst expectations of $4.13, with year-over-year revenue growth of 6.4%.
• The company announced a quarterly dividend of $0.40 per share, representing an annualized yield of 0.8%, with a payment date set for September 18th.

Groupama Asset Managment lessened its stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 82.0% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,264 shares of the online travel company's stock after selling 5,750 shares during the quarter. Groupama Asset Managment's holdings in Expedia Group were worth $212,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Altman Advisors Inc. grew its holdings in shares of Expedia Group by 0.5% during the first quarter. Altman Advisors Inc. now owns 13,338 shares of the online travel company's stock worth $2,093,000 after buying an additional 65 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of Expedia Group by 14.1% during the first quarter. UMB Bank n.a. now owns 558 shares of the online travel company's stock worth $94,000 after buying an additional 69 shares in the last quarter. Foyston Gordon & Payne Inc grew its holdings in shares of Expedia Group by 0.3% during the fourth quarter. Foyston Gordon & Payne Inc now owns 22,135 shares of the online travel company's stock worth $4,124,000 after buying an additional 74 shares in the last quarter. Horizon Investments LLC grew its holdings in shares of Expedia Group by 4.4% during the first quarter. Horizon Investments LLC now owns 1,780 shares of the online travel company's stock worth $299,000 after buying an additional 75 shares in the last quarter. Finally, Ascent Group LLC grew its holdings in shares of Expedia Group by 3.2% during the fourth quarter. Ascent Group LLC now owns 2,430 shares of the online travel company's stock worth $453,000 after buying an additional 76 shares in the last quarter. Hedge funds and other institutional investors own 90.76% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on EXPE. Wedbush upped their target price on shares of Expedia Group from $175.00 to $220.00 and gave the stock a "neutral" rating in a report on Friday, August 8th. Royal Bank Of Canada upped their target price on shares of Expedia Group from $180.00 to $200.00 and gave the stock a "sector perform" rating in a report on Friday, August 8th. Susquehanna boosted their price target on shares of Expedia Group from $175.00 to $200.00 and gave the company a "neutral" rating in a research report on Monday, August 11th. UBS Group boosted 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. Finally, Benchmark boosted their price target on shares of Expedia Group from $215.00 to $265.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $205.63.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 3,306 shares of the company's stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $200.84, for a total value of $663,977.04. Following the transaction, the insider owned 77,075 shares of the company's stock, valued at $15,479,743. This represents a 4.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Lance A. Soliday sold 852 shares of the company's stock in a transaction dated 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 in the company, valued at $2,477,971.68. The trade was a 6.61% 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 over the last 90 days. 9.13% of the stock is owned by insiders.

Expedia Group Trading Down 0.7%

NASDAQ EXPE traded down $1.46 during trading hours 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 stock has a 50-day moving average of $183.52 and a 200 day moving average of $175.14. Expedia Group, Inc. has a 1-year low of $126.46 and a 1-year high of $216.60. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. The stock has a market capitalization of $26.40 billion, a P/E ratio of 26.15, a price-to-earnings-growth ratio of 1.10 and a beta of 1.61.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its earnings results on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, beating analysts' consensus estimates of $4.13 by $0.11. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The company had revenue of $3.79 billion for the quarter, compared to analysts' expectations of $3.70 billion. During the same quarter in the prior year, the company posted $3.51 earnings per share. Expedia Group's revenue for the quarter was up 6.4% compared to the same quarter last year. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, research analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders 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 yield of 0.7%. Expedia Group's dividend payout ratio is presently 19.61%.

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.