Mn Services Vermogensbeheer B.V. Takes $7.78 Million Position in Expedia Group, Inc. $EXPE

Key Points

• Mn Services Vermogensbeheer B.V. acquired a new position in Expedia Group worth approximately $7.78 million, purchasing 46,100 shares during the second quarter.
• Insider transactions revealed that Director Craig A. Jacobson sold 3,000 shares, resulting in an 8.14% decrease in his position, while insiders collectively sold nearly $2 million worth of shares in the last ninety days.
• Research firms have mixed ratings for Expedia, with Piper Sandler lowering its price target to $190, while BTIG Research maintains a "buy" rating with a target of $250.

Mn Services Vermogensbeheer B.V. purchased a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 46,100 shares of the online travel company's stock, valued at approximately $7,776,000.

A number of other large investors have also modified their holdings of the business. Brighton Jones LLC purchased a new position in Expedia Group in the fourth quarter worth $408,000. Voloridge Investment Management LLC increased its holdings in shares of Expedia Group by 23.5% in the 4th quarter. Voloridge Investment Management LLC now owns 66,305 shares of the online travel company's stock valued at $12,355,000 after purchasing an additional 12,622 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Expedia Group by 7.5% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 839,606 shares of the online travel company's stock valued at $156,444,000 after purchasing an additional 58,927 shares during the period. Focus Partners Advisor Solutions LLC purchased a new stake in Expedia Group during the fourth quarter worth about $522,000. Finally, Vise Technologies Inc. grew its position in Expedia Group by 170.7% during the fourth quarter. Vise Technologies Inc. now owns 4,342 shares of the online travel company's stock worth $809,000 after buying an additional 2,738 shares during the period. 90.76% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. B. Riley raised their price objective on Expedia Group from $222.00 to $260.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Wells Fargo & Company reiterated a "positive" rating on shares of Expedia Group in a research report on Friday, August 8th. Wedbush increased their price objective on shares of Expedia Group from $175.00 to $220.00 and gave the company a "neutral" rating in a research note on Friday, August 8th. Piper Sandler lifted their target price on shares of Expedia Group from $135.00 to $190.00 and gave the stock an "underweight" rating in a research report on Friday, August 8th. Finally, Barclays upped their price target on shares of Expedia Group from $190.00 to $197.00 and gave the company an "equal weight" rating in a report on Friday, August 8th. Three analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Expedia Group presently has a consensus rating of "Hold" and a consensus price target of $205.63.

Insider Activity

In other news, insider Robert J. Dzielak sold 2,658 shares of the firm's stock in a transaction dated Wednesday, August 13th. The stock was 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 $15,297,902.69. This trade represents a 3.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Craig A. Jacobson sold 3,000 shares of the firm'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 value of $623,340.00. Following the sale, the director owned 33,858 shares of the company's stock, valued at approximately $7,035,015.24. This trade represents a 8.14% decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,816 shares of company stock worth $2,009,132 over the last ninety days. Corporate insiders own 9.13% of the company's stock.

Expedia Group Stock Up 0.2%

Shares of NASDAQ EXPE traded up $0.51 on Friday, hitting $222.43. The company had a trading volume of 3,559,950 shares, compared to its average volume of 1,350,937. 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, Inc. has a 12-month low of $130.01 and a 12-month high of $229.00. The firm has a market capitalization of $27.52 billion, a P/E ratio of 27.26, a PEG ratio of 1.17 and a beta of 1.57. The business has a 50 day moving average of $202.25 and a two-hundred day moving average of $177.86.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released 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 return on equity of 56.25% and a net margin of 7.94%.The firm had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.70 billion. During the same period in the previous year, the company posted $3.51 EPS. Expedia Group'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, equities research analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, August 28th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, August 28th. Expedia Group's dividend payout ratio (DPR) is presently 19.61%.

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.