State of Wyoming Buys 2,167 Shares of Expedia Group, Inc. $EXPE

Key Points

• The State of Wyoming significantly increased its stake in Expedia Group, acquiring an additional 2,167 shares, which raised its holdings by 449.6% to a total of 2,649 shares worth approximately $445,000.
• Expedia Group recently reported quarterly earnings of $4.24 per share, exceeding analysts' expectations, with revenue of $3.79 billion, marking a 6.4% year-over-year increase.
• The company declared a quarterly dividend of $0.40, which equates to an annualized dividend of $1.60 and a yield of 0.7%.

State of Wyoming raised its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 449.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,649 shares of the online travel company's stock after purchasing an additional 2,167 shares during the period. State of Wyoming's holdings in Expedia Group were worth $445,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of EXPE. Nuveen LLC bought a new position in Expedia Group during the 1st quarter valued at approximately $227,174,000. Los Angeles Capital Management LLC raised its position in Expedia Group by 3,369.4% during the 1st quarter. Los Angeles Capital Management LLC now owns 1,029,117 shares of the online travel company's stock valued at $172,995,000 after purchasing an additional 999,454 shares during the last quarter. Massachusetts Financial Services Co. MA bought a new position in Expedia Group during the 1st quarter valued at approximately $82,975,000. Bamco Inc. NY bought a new position in Expedia Group during the 4th quarter valued at approximately $80,206,000. Finally, Alkeon Capital Management LLC raised its position in Expedia Group by 25.4% during the 4th quarter. Alkeon Capital Management LLC now owns 1,976,472 shares of the online travel company's stock valued at $368,276,000 after purchasing an additional 400,000 shares during the last quarter. Institutional investors own 90.76% of the company's stock.

Expedia Group Stock Performance

Expedia Group stock opened at $214.80 on Friday. 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 capitalization of $26.58 billion, a P/E ratio of 26.32, a PEG ratio of 1.10 and a beta of 1.61. The stock's 50 day moving average is $188.57 and its 200 day moving average is $175.76. Expedia Group, Inc. has a twelve month low of $126.46 and a twelve month high of $216.60.

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

Expedia Group Announces Dividend

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

Insider Buying and Selling

In related news, insider Robert J. Dzielak sold 2,658 shares of the company's stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total value of $546,405.06. Following the sale, the insider owned 74,417 shares in the company, valued at $15,297,902.69. This represents a 3.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Craig A. Jacobson sold 3,000 shares of the 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 sale, the director owned 33,858 shares in the company, valued at approximately $7,035,015.24. This represents a 8.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 9,816 shares of company stock worth $2,009,132 in the last 90 days. Insiders own 9.13% of the company's stock.

Analyst Ratings Changes

A number of research analysts have commented on EXPE shares. Susquehanna upped their price target on Expedia Group from $175.00 to $200.00 and gave the company a "neutral" rating in a research report on Monday, August 11th. Cantor Fitzgerald reaffirmed a "neutral" rating and set a $200.00 price target on shares of Expedia Group in a research report on Wednesday, July 23rd. Barclays increased their target price on Expedia Group from $190.00 to $197.00 and gave the stock an "equal weight" rating in a research report on Friday, August 8th. Citigroup increased their target price on Expedia Group from $177.00 to $206.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 13th. Finally, The Goldman Sachs Group decreased their target price on Expedia Group from $219.00 to $183.00 and set a "buy" rating for the company in a research report on Friday, May 9th. Three research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, Expedia Group presently has a consensus rating of "Hold" and an average 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.

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