Expedia Group, Inc. $EXPE Shares Bought by Livforsakringsbolaget Skandia Omsesidigt

Key Points

• Livforsakringsbolaget Skandia Omsesidigt increased its holdings in Expedia Group by 20.9%, owning a total of 59,537 shares valued at approximately $10.04 million at the end of the reporting period.
• Several institutional investors have established new positions in Expedia Group, contributing to a total institutional ownership of 90.76% of the company's stock.
• Expedia Group recently announced a quarterly dividend of $0.40 per share, reflecting an annual yield of approximately 0.7% and a payout ratio of 19.61%.

Livforsakringsbolaget Skandia Omsesidigt lifted its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 20.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 59,537 shares of the online travel company's stock after purchasing an additional 10,300 shares during the period. Livforsakringsbolaget Skandia Omsesidigt's holdings in Expedia Group were worth $10,039,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Hunter Associates Investment Management LLC boosted its holdings in Expedia Group by 10.2% in the first quarter. Hunter Associates Investment Management LLC now owns 29,950 shares of the online travel company's stock valued at $5,051,000 after acquiring an additional 2,776 shares in the last quarter. OMNI 360 Wealth Inc. bought a new stake in Expedia Group in the second quarter valued at $325,000. Praxis Investment Management Inc. boosted its holdings in shares of Expedia Group by 63.5% during 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 in the last quarter. Korea Investment CORP boosted its holdings in shares of Expedia Group by 55.1% during 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 in the last quarter. Finally, Monument Capital Management bought a new stake in shares of Expedia Group during the 1st quarter valued at $2,261,000. Institutional investors own 90.76% of the company's stock.

Analyst Ratings Changes

EXPE has been the topic of a number of research reports. DA Davidson boosted their target price on shares of Expedia Group from $174.00 to $218.00 and gave the company a "neutral" rating in a report on Friday, August 8th. Benchmark lifted their price target on Expedia Group from $215.00 to $265.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Royal Bank Of Canada lifted their price target on Expedia Group from $180.00 to $200.00 and gave the stock a "sector perform" rating in a research report on Friday, August 8th. Oppenheimer reaffirmed an "outperform" rating on shares of Expedia Group in a research report on Friday, August 8th. Finally, Wall Street Zen raised Expedia Group from a "hold" rating to a "buy" rating in a research report on Monday, July 28th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $205.63.

Insider Buying and Selling at Expedia Group

In other news, CAO Lance A. Soliday sold 852 shares of the business's stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total transaction of $175,409.76. Following the sale, the chief accounting officer owned 12,036 shares in the company, valued at approximately $2,477,971.68. The trade was 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 accessible through this hyperlink. Also, insider Robert J. Dzielak sold 3,306 shares of the business's stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $200.84, for a total value of $663,977.04. Following the sale, the insider owned 77,075 shares in the company, valued at $15,479,743. The trade was a 4.11% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 9,816 shares of company stock worth $2,009,132 over the last quarter. Insiders own 9.13% of the company's stock.

Expedia Group Trading Up 0.5%

EXPE traded up $1.08 during trading on Monday, reaching $223.51. The company had a trading volume of 1,737,211 shares, compared to its average volume of 2,042,108. Expedia Group, Inc. has a 52 week low of $130.01 and a 52 week high of $229.00. The stock has a market cap of $27.65 billion, a P/E ratio of 27.39, a PEG ratio of 1.17 and a beta of 1.57. The business has a 50 day simple moving average of $202.25 and a 200-day simple moving average of $177.82. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14.

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

Expedia Group Dividend Announcement

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

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.