Expedia Group, Inc. $EXPE Shares Sold by LTS One Management LP

Key Points

• LTS One Management LP cut its stake in Expedia Group by 42.7%, now holding 63,000 shares, valued at approximately $10.59 million.
• Expedia Group's latest quarterly earnings exceeded expectations, reporting $4.24 earnings per share against a consensus estimate of $4.13 and a revenue of $3.79 billion.
• The company declared a $0.40 quarterly dividend, resulting in an annual yield of 0.8%, with the ex-dividend date set for August 28th.

LTS One Management LP decreased its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 42.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,000 shares of the online travel company's stock after selling 47,000 shares during the period. Expedia Group comprises about 3.2% of LTS One Management LP's investment portfolio, making the stock its 17th biggest holding. LTS One Management LP's holdings in Expedia Group were worth $10,590,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of EXPE. Brighton Jones LLC purchased a new position in shares of Expedia Group in the 4th quarter worth $408,000. Stifel Financial Corp boosted its stake in shares of Expedia Group by 4.0% in the 4th quarter. Stifel Financial Corp now owns 20,332 shares of the online travel company's stock worth $3,788,000 after buying an additional 779 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in shares of Expedia Group by 192.1% in the 4th quarter. Integrated Wealth Concepts LLC now owns 6,733 shares of the online travel company's stock worth $1,255,000 after buying an additional 4,428 shares during the last quarter. Optiver Holding B.V. purchased a new position in shares of Expedia Group in the 4th quarter worth $38,000. Finally, Northern Trust Corp lifted its position in Expedia Group by 8.8% during the fourth quarter. Northern Trust Corp now owns 1,275,907 shares of the online travel company's stock valued at $237,740,000 after purchasing an additional 102,949 shares in the last quarter. Institutional investors own 90.76% of the company's stock.

Insider Transactions at Expedia Group

In other news, CAO Lance A. Soliday sold 852 shares of the company's stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total transaction of $175,409.76. Following the transaction, the chief accounting officer directly owned 12,036 shares of the company's stock, valued at approximately $2,477,971.68. This represents a 6.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Craig A. Jacobson sold 3,000 shares of the company's stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total value of $623,340.00. Following the completion of the transaction, the director directly owned 33,858 shares in the company, valued at approximately $7,035,015.24. The trade was a 8.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,816 shares of company stock valued at $2,009,132. Corporate insiders own 9.13% of the company's stock.

Expedia Group Price Performance

Shares of EXPE stock traded up $0.09 during trading hours on Monday, hitting $214.80. The stock had a trading volume of 1,255,319 shares, compared to its average volume of 2,130,679. Expedia Group, Inc. has a one year low of $126.46 and a one year high of $216.60. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. The stock's 50-day moving average price is $188.57 and its two-hundred day moving average price is $175.56. The stock has a market capitalization of $26.58 billion, a price-to-earnings ratio of 26.32, a PEG ratio of 1.10 and a beta of 1.57.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.13 by $0.11. The business 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 company's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.51 earnings per share. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Announces Dividend

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

Analyst Ratings Changes

Several research firms recently weighed in on EXPE. The Goldman Sachs Group lowered their target price on Expedia Group from $219.00 to $183.00 and set a "buy" rating on the stock in a research report on Friday, May 9th. Truist Financial lowered their target price on Expedia Group from $175.00 to $168.00 and set a "hold" rating on the stock in a research report on Tuesday, June 24th. Piper Sandler raised their price target on Expedia Group from $135.00 to $190.00 and gave the company an "underweight" rating in a report on Friday, August 8th. Oppenheimer reissued an "outperform" rating on shares of Expedia Group in a report on Friday, August 8th. Finally, Barclays raised their price target on Expedia Group from $190.00 to $197.00 and gave the company an "equal weight" rating in a report on Friday, August 8th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $205.63.

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.