1,764 Shares in Expedia Group, Inc. $EXPE Bought by MBB Public Markets I LLC

Key Points

• MBB Public Markets I LLC has acquired a new position in Expedia Group, purchasing 1,764 shares valued at approximately $297,000.
• Numerous institutional investors, including Nuveen LLC and Los Angeles Capital Management LLC, have increased their stakes in Expedia, with 90.76% of the stock now owned by institutional investors.
• Expedia Group recently reported quarterly earnings of $4.24 per share, above the consensus estimate, alongside a dividend announcement of $0.40 per share to be paid on September 18th.

MBB Public Markets I LLC purchased a new position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 1,764 shares of the online travel company's stock, valued at approximately $297,000.

Other hedge funds have also recently modified their holdings of the company. McClarren Financial Advisors Inc. purchased a new position in Expedia Group during the first quarter valued at $28,000. Atlas Capital Advisors Inc. purchased a new position in shares of Expedia Group during the 1st quarter valued at about $28,000. Park Square Financial Group LLC purchased a new position in Expedia Group during the first quarter valued at approximately $34,000. Zions Bancorporation National Association UT bought a new position in Expedia Group in the 1st quarter worth $36,000. Finally, Larson Financial Group LLC increased its stake in Expedia Group by 2,175.0% in the 1st quarter. Larson Financial Group LLC now owns 273 shares of the online travel company's stock worth $46,000 after buying an additional 261 shares in the last quarter. Institutional investors own 90.76% of the company's stock.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the company's 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 transaction, the director owned 33,858 shares in the company, 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 SEC, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 3,306 shares of Expedia Group stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $200.84, for a total transaction of $663,977.04. Following the sale, the insider owned 77,075 shares of the company's stock, valued at $15,479,743. The trade was a 4.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 9,816 shares of company stock worth $2,009,132. 9.13% of the stock is owned by corporate insiders.

Expedia Group Stock Down 2.0%

EXPE traded down $4.63 during trading on Tuesday, hitting $223.62. The stock had a trading volume of 788,676 shares, compared to its average volume of 2,037,836. The stock has a 50 day simple moving average of $198.77 and a two-hundred day simple moving average of $176.86. The company has a market capitalization of $27.67 billion, a PE ratio of 27.45, a PEG ratio of 1.17 and a beta of 1.57. 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, Inc. has a twelve month low of $130.01 and a twelve month high of $229.00.

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

Expedia Group Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on EXPE shares. Benchmark upped their price objective on Expedia Group from $215.00 to $265.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. Sanford C. Bernstein set a $210.00 price objective on Expedia Group in a research note on Monday, August 11th. Susquehanna increased their price objective on shares of Expedia Group from $175.00 to $200.00 and gave the company a "neutral" rating in a research report on Monday, August 11th. Barclays boosted their target price on shares of Expedia Group from $190.00 to $197.00 and gave the stock an "equal weight" rating in a report on Friday, August 8th. Finally, Bank of America increased their price target on shares of Expedia Group from $211.00 to $240.00 and gave the company a "buy" rating in a report on Friday, August 8th. Three 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 issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price 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.