Simplicity Wealth LLC Makes New Investment in Expedia Group, Inc. $EXPE

Key Points

• Simplicity Wealth LLC has acquired 2,034 shares of Expedia Group, Inc. valued at approximately $343,000, marking their first investment in the company during the second quarter.
• Expedia Group reported a net margin of 7.94% and earnings per share of $4.24, exceeding analysts' expectations and showing a revenue increase of 6.4% year-over-year.
• The company recently declared a quarterly dividend of $0.40 per share, with a total dividend yield of 0.8% and a payout ratio of 19.61%.

Simplicity Wealth LLC acquired a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,034 shares of the online travel company's stock, valued at approximately $343,000.

Several other hedge funds also recently made changes to their positions in EXPE. BridgePort Financial Solutions LLC purchased a new position in shares of Expedia Group during the second quarter worth about $415,000. QRG Capital Management Inc. grew its holdings in shares of Expedia Group by 626.5% during the second quarter. QRG Capital Management Inc. now owns 17,197 shares of the online travel company's stock worth $2,901,000 after buying an additional 14,830 shares during the last quarter. Ascent Group LLC grew its holdings in shares of Expedia Group by 9.4% during the second quarter. Ascent Group LLC now owns 3,392 shares of the online travel company's stock worth $572,000 after buying an additional 291 shares during the last quarter. New Century Financial Group LLC purchased a new position in shares of Expedia Group during the second quarter worth about $1,147,000. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Expedia Group during the second quarter worth about $64,000. Hedge funds and other institutional investors own 90.76% of the company's stock.

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $212.41 on Thursday. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. The company has a market cap of $26.28 billion, a P/E ratio of 26.03, a PEG ratio of 1.13 and a beta of 1.56. Expedia Group, Inc. has a 52 week low of $130.01 and a 52 week high of $240.98. The company has a 50-day moving average price of $211.05 and a 200 day moving average price of $182.16.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $3.70 billion. During the same quarter last year, the firm earned $3.51 earnings per share. The firm's 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. 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 declared a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Thursday, August 28th. Expedia Group's dividend payout ratio (DPR) is presently 19.61%.

Insider Activity

In other news, insider Robert J. Dzielak sold 2,658 shares of Expedia Group stock in a transaction that occurred on Wednesday, August 13th. The shares were 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 approximately $15,297,902.69. This trade represents a 3.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Lance A. Soliday sold 852 shares of Expedia Group 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 ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 9,816 shares of company stock worth $2,009,132. Company insiders own 9.13% of the company's stock.

Analyst Ratings Changes

EXPE has been the topic of a number of research reports. Piper Sandler raised their price target on Expedia Group from $135.00 to $190.00 and gave the stock an "underweight" rating in a report on Friday, August 8th. UBS Group raised their price target on Expedia Group from $182.00 to $209.00 and gave the stock a "neutral" rating in a report on Friday, August 8th. Cantor Fitzgerald reissued a "neutral" rating and set a $200.00 price target on shares of Expedia Group in a report on Wednesday, July 23rd. Citigroup raised their price target on Expedia Group from $177.00 to $206.00 and gave the stock a "neutral" rating in a report on Wednesday, August 13th. Finally, Wall Street Zen raised Expedia Group from a "hold" rating to a "buy" rating in a report on Monday, July 28th. Three analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $209.00.

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.

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