MYDA Advisors LLC Buys New Stake in Expedia Group, Inc. $EXPE

Key Points

• MYDA Advisors LLC has acquired a new position in Expedia Group, purchasing 5,000 shares valued at approximately $840,000 in the first quarter.
• Expedia Group reported $4.24 earnings per share (EPS) for the last quarter, exceeding the consensus estimate of $4.13, along with revenues of $3.79 billion.
• The company announced a quarterly dividend of $0.40 per share, which will be paid on September 18th, representing an annualized yield of 0.8%.

MYDA Advisors LLC acquired a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 5,000 shares of the online travel company's stock, valued at approximately $840,000.

Several other hedge funds have also bought and sold shares of the business. OMERS ADMINISTRATION Corp boosted its stake in Expedia Group by 15.8% during the first quarter. OMERS ADMINISTRATION Corp now owns 15,678 shares of the online travel company's stock worth $2,635,000 after acquiring an additional 2,137 shares in the last quarter. Truvestments Capital LLC lifted its position in Expedia Group by 208.3% during the first quarter. Truvestments Capital LLC now owns 4,279 shares of the online travel company's stock valued at $719,000 after purchasing an additional 2,891 shares during the period. CreativeOne Wealth LLC bought a new position in Expedia Group during the first quarter valued at approximately $369,000. Ieq Capital LLC raised its position in Expedia Group by 78.7% in the first quarter. Ieq Capital LLC now owns 54,665 shares of the online travel company's stock worth $9,189,000 after acquiring an additional 24,081 shares during the period. Finally, Orion Capital Management LLC raised its position in Expedia Group by 7.0% in the first quarter. Orion Capital Management LLC now owns 2,615 shares of the online travel company's stock worth $440,000 after acquiring an additional 170 shares during the period. Institutional investors own 90.76% of the company's stock.

Expedia Group Stock Up 0.0%

Shares of Expedia Group stock traded up $0.09 on Monday, reaching $214.80. The stock had a trading volume of 1,255,319 shares, compared to its average volume of 2,130,679. The company has a 50 day moving average price of $188.57 and a 200 day moving average price of $175.56. 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 1 year low of $126.46 and a 1 year high of $216.60. The stock has a market capitalization of $26.58 billion, a P/E ratio of 26.32, a P/E/G ratio of 1.10 and a beta of 1.57.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.13 by $0.11. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The firm had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.70 billion. During the same quarter in the previous year, the firm earned $3.51 EPS. The company's quarterly revenue 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. As a group, equities research analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th will be given a $0.40 dividend. 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 payout ratio is presently 19.61%.

Insiders Place Their Bets

In other Expedia Group news, CAO Lance A. Soliday sold 852 shares of the business's stock in a transaction that occurred on Wednesday, August 20th. The shares were 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 of the company's stock, valued at approximately $2,477,971.68. The trade was a 6.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Craig A. Jacobson sold 3,000 shares of the business's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total transaction of $623,340.00. Following the sale, the director directly owned 33,858 shares in the company, valued at approximately $7,035,015.24. This represents a 8.14% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 9,816 shares of company stock valued at $2,009,132. Insiders own 9.13% of the company's stock.

Analyst Ratings Changes

Several research firms have weighed in on EXPE. Sanford C. Bernstein set a $210.00 price target on shares of Expedia Group in a research report on Monday, August 11th. Citigroup lifted their price objective on shares of Expedia Group from $177.00 to $206.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 13th. UBS Group raised their target price on shares of Expedia Group from $182.00 to $209.00 and gave the stock a "neutral" rating in a report on Friday, August 8th. Bank of America raised their target price on shares of Expedia Group from $211.00 to $240.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Finally, BTIG Research set a $250.00 target price on shares of Expedia Group and gave the company a "buy" rating in a research report on Friday, August 8th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $205.63.

Expedia Group 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.