Landscape Capital Management L.L.C. Invests $2.69 Million in Expedia Group, Inc. $EXPE

Key Points

• Landscape Capital Management has invested approximately $2.69 million in Expedia Group, acquiring 15,992 shares during the first quarter.
• Insider trading activity includes CAO Lance A. Soliday selling 852 shares, reducing his ownership by 6.61%, while overall, insiders have sold a total of 9,816 shares valued at over $2 million in the last quarter.
• Expedia Group recently reported earnings that exceeded expectations, with a net margin of 7.94% and guidance for an earnings per share forecast of 12.28 for the current fiscal year.

Landscape Capital Management L.L.C. purchased a new stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,992 shares of the online travel company's stock, valued at approximately $2,688,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Minot DeBlois Advisors LLC acquired a new stake in Expedia Group in the fourth quarter valued at $27,000. McClarren Financial Advisors Inc. bought a new position in Expedia Group during the first quarter worth $28,000. Atlas Capital Advisors Inc. bought a new position in Expedia Group during the first quarter worth $28,000. Park Square Financial Group LLC bought a new position in Expedia Group during the first quarter worth $34,000. Finally, Zions Bancorporation National Association UT bought a new position in Expedia Group during the first quarter worth $36,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Robert J. Dzielak sold 2,658 shares of the business's stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total value 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Lance A. Soliday sold 852 shares of the business's stock in a transaction that occurred on Wednesday, August 20th. The stock was 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 approximately $2,477,971.68. This trade represents a 6.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,816 shares of company stock worth $2,009,132. 9.13% of the stock is currently owned by insiders.

Expedia Group Stock Down 1.2%

NASDAQ EXPE traded down $2.59 during trading on Tuesday, reaching $212.21. 743,092 shares of the company's stock were exchanged, compared to its average volume of 2,081,307. Expedia Group, Inc. has a fifty-two week low of $126.46 and a fifty-two week high of $216.60. The firm has a market capitalization of $26.25 billion, a PE ratio of 26.03, a P/E/G ratio of 1.10 and a beta of 1.57. 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's fifty day simple moving average is $189.55 and its 200-day simple moving average is $175.65.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 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 analyst estimates of $3.70 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The business's quarterly revenue was up 6.4% compared to the same quarter last year. During the same period last year, the company posted $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts predict 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 issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, August 28th. Expedia Group's payout ratio is 19.61%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Cantor Fitzgerald restated a "neutral" rating and set a $200.00 price objective on shares of Expedia Group in a research note on Wednesday, July 23rd. Sanford C. Bernstein set a $210.00 target price on Expedia Group in a research report on Monday, August 11th. Wells Fargo & Company reaffirmed a "positive" rating on shares of Expedia Group in a research report on Friday, August 8th. UBS Group increased their target price on Expedia Group from $182.00 to $209.00 and gave the stock a "neutral" rating in a research report on Friday, August 8th. Finally, Morgan Stanley increased their target price on Expedia Group from $150.00 to $165.00 and gave the stock an "equal weight" rating in a research report on Monday, July 21st. Three analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $205.63.

About Expedia Group

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.