Jump Financial LLC Has $6.72 Million Stock Position in Expedia Group, Inc. $EXPE

Key Points

• Jump Financial LLC significantly increased its stake in Expedia Group by 1,322.8%, acquiring an additional 37,185 shares during the first quarter, bringing its total holdings to nearly 40,000 shares valued at approximately $6.7 million.
• Expedia Group reported a quarterly EPS of $4.24, exceeding analysts' expectations and generating revenue of $3.79 billion, which marked a 6.4% year-over-year increase.
• The company announced a quarterly dividend of $0.40 per share, with an annualized yield of 0.7%, highlighting a solid payout ratio of 19.61%.

Jump Financial LLC boosted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 1,322.8% in the first quarter, according to its most recent filing with the SEC. The firm owned 39,996 shares of the online travel company's stock after acquiring an additional 37,185 shares during the period. Jump Financial LLC's holdings in Expedia Group were worth $6,723,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hunter Associates Investment Management LLC grew its holdings in shares of Expedia Group by 10.2% in the 1st quarter. Hunter Associates Investment Management LLC now owns 29,950 shares of the online travel company's stock valued at $5,051,000 after buying an additional 2,776 shares during the period. Praxis Investment Management Inc. grew its holdings in shares of 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 valued at $775,000 after buying an additional 1,790 shares during the period. Monument Capital Management acquired a new position in shares of Expedia Group in the 1st quarter valued at $2,261,000. Korea Investment CORP grew its holdings in shares of Expedia Group by 55.1% in the 1st quarter. Korea Investment CORP now owns 177,934 shares of the online travel company's stock valued at $29,911,000 after buying an additional 63,244 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of 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 period. Institutional investors and hedge funds own 90.76% of the company's stock.

Expedia Group Stock Up 1.2%

NASDAQ:EXPE traded up $2.50 on Thursday, hitting $214.71. 1,419,945 shares of the company's stock were exchanged, compared to its average volume of 2,094,687. The firm has a 50-day moving average price of $186.53 and a 200-day moving average price of $175.74. 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 52 week low of $126.46 and a 52 week high of $216.60. The company has a market cap of $26.56 billion, a P/E ratio of 26.31, a price-to-earnings-growth ratio of 1.09 and a beta of 1.61.

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 firm had revenue of $3.79 billion for the quarter, compared to analysts' expectations of $3.70 billion. During the same period in the previous year, the firm posted $3.51 EPS. The company's revenue for the quarter 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, analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, August 28th. Expedia Group's dividend payout ratio is presently 19.61%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. The Goldman Sachs Group decreased their price target on shares of Expedia Group from $219.00 to $183.00 and set a "buy" rating for the company in a report on Friday, May 9th. DA Davidson upped their target price on shares of Expedia Group from $174.00 to $218.00 and gave the stock a "neutral" rating in a research note on Friday, August 8th. Susquehanna upped their target price on shares of Expedia Group from $175.00 to $200.00 and gave the stock a "neutral" rating in a research note on Monday, August 11th. Benchmark upped their target price on shares of Expedia Group from $215.00 to $265.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. Finally, Wall Street Zen raised shares of Expedia Group from a "hold" rating to a "buy" rating in a research note on Monday, July 28th. Three research 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 company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $205.63.

Insider Activity

In other news, Director Craig A. Jacobson sold 3,000 shares of the company's stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total value of $623,340.00. Following the sale, the director directly owned 33,858 shares of the company's stock, valued at approximately $7,035,015.24. This represents a 8.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 2,658 shares of the company's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $205.57, for a total transaction of $546,405.06. Following the completion of the sale, 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 disclosure for this sale can be found here. In the last ninety days, insiders have sold 9,816 shares of company stock valued at $2,009,132. 9.13% of the stock is owned by company insiders.

Expedia Group Company 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.