Tran Capital Management L.P. Has $8.86 Million Stake in Expedia Group, Inc. $EXPE

Key Points

• Tran Capital Management L.P. reduced its stake in Expedia Group, Inc. by 17.8%, holding 52,532 shares valued at approximately $8.86 million.
• Expedia reported $4.24 EPS for the last quarter, surpassing analyst expectations, with revenue increasing by 6.4% to $3.79 billion year-over-year.
• Institutional investors own about 90.76% of Expedia's stock, indicating strong institutional interest in the company.

Tran Capital Management L.P. decreased its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 17.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 52,532 shares of the online travel company's stock after selling 11,376 shares during the quarter. Expedia Group accounts for approximately 1.0% of Tran Capital Management L.P.'s holdings, making the stock its 28th largest holding. Tran Capital Management L.P.'s holdings in Expedia Group were worth $8,861,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hunter Associates Investment Management LLC raised its stake in shares of Expedia Group by 10.2% in the 1st quarter. Hunter Associates Investment Management LLC now owns 29,950 shares of the online travel company's stock valued at $5,051,000 after purchasing an additional 2,776 shares during the period. OMNI 360 Wealth Inc. acquired a new stake in shares of Expedia Group in the 2nd quarter valued at about $325,000. Praxis Investment Management Inc. raised its stake in shares of Expedia Group by 63.5% in the 1st quarter. Praxis Investment Management Inc. now owns 4,610 shares of the online travel company's stock valued at $775,000 after purchasing an additional 1,790 shares during the period. Korea Investment CORP raised its stake in shares of Expedia Group by 55.1% in the 1st quarter. Korea Investment CORP now owns 177,934 shares of the online travel company's stock valued at $29,911,000 after purchasing an additional 63,244 shares during the period. Finally, Monument Capital Management acquired a new stake in shares of Expedia Group in the 1st quarter valued at about $2,261,000. Institutional investors and hedge funds own 90.76% of the company's stock.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $222.43 on Friday. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $229.00. The stock has a market cap of $27.52 billion, a price-to-earnings ratio of 27.26, 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. The firm's 50-day simple moving average is $202.25 and its 200 day simple moving average is $177.86.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted 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 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 analyst estimates of $3.70 billion. During the same quarter last year, the business posted $3.51 EPS. The company'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, research analysts anticipate 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. Shareholders of record on Thursday, August 28th were issued a $0.40 dividend. This represents a $1.60 annualized dividend 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%.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 852 shares of the firm's stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the transaction, the chief accounting officer directly owned 12,036 shares of the company's stock, valued at $2,477,971.68. This trade represents a 6.61% decrease in their position. The sale 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 firm's stock in a transaction 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 completion of the transaction, the director directly owned 33,858 shares of the company's stock, valued at approximately $7,035,015.24. The trade was a 8.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,816 shares of company stock valued at $2,009,132 in the last three months. Company insiders own 9.13% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on EXPE. Royal Bank Of Canada raised their price objective on Expedia Group from $180.00 to $200.00 and gave the company a "sector perform" rating in a report on Friday, August 8th. Bank of America raised their price objective on Expedia Group from $211.00 to $240.00 and gave the company a "buy" rating in a report on Friday, August 8th. Wells Fargo & Company restated a "positive" rating on shares of Expedia Group in a report on Friday, August 8th. Citigroup raised their price objective on Expedia Group from $177.00 to $206.00 and gave the company a "neutral" rating in a report on Wednesday, August 13th. Finally, Cantor Fitzgerald restated a "neutral" rating and issued a $200.00 price objective on shares of Expedia Group in a report on Wednesday, July 23rd. Three research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $205.63.

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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