IFP Advisors Inc boosted its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 105.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,434 shares of the online travel company's stock after buying an additional 1,762 shares during the quarter. IFP Advisors Inc's holdings in Expedia Group were worth $579,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. McClarren Financial Advisors Inc. bought a new stake in Expedia Group in the 1st quarter valued at $28,000. Atlas Capital Advisors Inc. bought a new position in shares of Expedia Group during the 1st quarter worth about $28,000. GFG Capital LLC bought a new position in shares of Expedia Group during the 2nd quarter worth about $29,000. Park Square Financial Group LLC bought a new position in shares of Expedia Group during the 1st quarter worth about $34,000. Finally, Zions Bancorporation National Association UT bought a new position in shares of Expedia Group during the 1st quarter worth about $36,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities analysts recently issued reports on the stock. Cantor Fitzgerald reissued a "neutral" rating and set a $200.00 price target on shares of Expedia Group in a report on Wednesday, July 23rd. Royal Bank Of Canada lifted their price target on shares of Expedia Group from $180.00 to $200.00 and gave the company a "sector perform" rating in a report on Friday, August 8th. BTIG Research reissued a "buy" rating and set a $250.00 price target on shares of Expedia Group in a report on Tuesday. Sanford C. Bernstein set a $210.00 price target on shares of Expedia Group in a report on Monday, August 11th. Finally, Piper Sandler lifted their price target on shares of Expedia Group from $135.00 to $190.00 and gave the company an "underweight" rating in a report on Friday, August 8th. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Expedia Group currently has a consensus rating of "Hold" and a consensus target price of $209.00.
Check Out Our Latest Stock Report on EXPE
Expedia Group Trading Up 3.5%
Shares of NASDAQ EXPE opened at $223.12 on Wednesday. Expedia Group, Inc. has a 1-year low of $130.01 and a 1-year high of $240.98. The company has a 50-day moving average of $213.86 and a two-hundred day moving average of $183.42. 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 company has a market cap of $27.60 billion, a PE ratio of 27.34, a P/E/G ratio of 1.13 and a beta of 1.56.
Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts' expectations of $3.70 billion. During the same quarter in the previous year, the company earned $3.51 EPS. Expedia Group'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. As a group, equities analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.
Expedia Group Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th were given a dividend of $0.40 per share. The ex-dividend date was 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 Transactions at Expedia Group
In other news, CAO Lance A. Soliday sold 852 shares of Expedia Group stock in a transaction that occurred 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 sale, the chief accounting officer owned 12,036 shares in the company, valued at $2,477,971.68. The trade was a 6.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Robert J. Dzielak sold 2,658 shares of Expedia Group stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total transaction of $546,405.06. Following the sale, the insider owned 74,417 shares of the company's stock, valued at approximately $15,297,902.69. This represents a 3.45% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 9,816 shares of company stock worth $2,009,132 in the last quarter. 9.13% of the stock is owned by company insiders.
About Expedia Group
(
Free Report)
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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Want to see what other hedge funds are holding EXPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Expedia Group, Inc. (NASDAQ:EXPE - Free Report).
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