Jackson Thornton Wealth Management LLC Buys Shares of 1,352 Expedia Group, Inc. $EXPE

Key Points

• Jackson Thornton Wealth Management LLC acquired 1,352 shares of Expedia Group, Inc. valued at approximately $240,000 during the second quarter.
• Expedia Group recently reported earnings of $4.24 per share, exceeding analysts' expectations by $0.11, with revenue of $3.79 billion for the quarter.
• The company announced a quarterly dividend of $0.40, representing a 0.7% yield and a payout ratio of 19.61%.

Jackson Thornton Wealth Management LLC bought a new stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 1,352 shares of the online travel company's stock, valued at approximately $240,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. McClarren Financial Advisors Inc. purchased a new position in Expedia Group in the 1st quarter valued at about $28,000. Atlas Capital Advisors Inc. acquired a new position in shares of Expedia Group during the 1st quarter valued at about $28,000. GFG Capital LLC acquired a new position in shares of Expedia Group during the 2nd quarter valued at about $29,000. Trust Co. of Toledo NA OH acquired a new position in shares of Expedia Group during the 2nd quarter valued at about $31,000. Finally, Park Square Financial Group LLC acquired a new position in shares of Expedia Group during the 1st quarter valued at about $34,000. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Expedia Group Stock Up 1.6%

EXPE opened at $218.25 on Tuesday. The firm has a 50 day moving average price of $215.95 and a 200 day moving average price of $185.17. The company has a market cap of $27.00 billion, a PE ratio of 26.75, a price-to-earnings-growth ratio of 1.12 and a beta of 1.56. Expedia Group, Inc. has a 1 year low of $130.01 and a 1 year high of $240.98. 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 (NASDAQ:EXPE - Get Free Report) last posted 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. The firm had revenue of $3.79 billion during the quarter, compared to the consensus estimate of $3.70 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The company's revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

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

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 852 shares of the stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the sale, the chief accounting officer owned 12,036 shares of the company's stock, valued at $2,477,971.68. This trade represents a 6.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Craig A. Jacobson sold 3,000 shares of the stock in a transaction that occurred 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 directly owned 33,858 shares of the company's stock, valued at $7,035,015.24. This trade represents a 8.14% decrease in their position. The disclosure for this sale can be found here. Insiders 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 corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on EXPE shares. BTIG Research reaffirmed a "buy" rating and set a $250.00 price objective on shares of Expedia Group in a research note on Tuesday, October 14th. Cowen reaffirmed a "hold" rating on shares of Expedia Group in a research note on Friday, August 8th. Benchmark upped their price objective on shares of Expedia Group from $215.00 to $265.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Sanford C. Bernstein set a $210.00 price objective on shares of Expedia Group in a research note on Monday, August 11th. Finally, Mizuho started coverage on shares of Expedia Group in a research note on Tuesday, September 30th. They set a "neutral" rating and a $240.00 price objective for the company. Three analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Expedia Group presently has a consensus rating of "Hold" and a consensus target price of $211.22.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.