Expedia Group, Inc. $EXPE Shares Purchased by Vident Advisory LLC

Key Points

• Vident Advisory LLC has increased its stake in Expedia Group by 164.1%, acquiring an additional 18,910 shares for a total holding of 30,435 shares valued at approximately $5.1 million.
• Expedia Group recently reported $4.24 EPS for the quarter, exceeding estimates, with revenue of $3.79 billion, signaling a year-over-year growth of 6.4%.
• The company announced a quarterly dividend of $0.40 per share, representing a yield of 0.7% and highlighting its 19.61% payout ratio.

Vident Advisory LLC increased its stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 164.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,435 shares of the online travel company's stock after purchasing an additional 18,910 shares during the quarter. Vident Advisory LLC's holdings in Expedia Group were worth $5,116,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EXPE. Minot DeBlois Advisors LLC bought a new position in Expedia Group in the fourth quarter worth approximately $27,000. McClarren Financial Advisors Inc. bought a new position in Expedia Group in the first quarter worth approximately $28,000. Atlas Capital Advisors Inc. bought a new position in Expedia Group in the first quarter worth approximately $28,000. Park Square Financial Group LLC bought a new position in Expedia Group in the first quarter worth approximately $34,000. Finally, Zions Bancorporation National Association UT bought a new position in Expedia Group in the first quarter worth approximately $36,000. Hedge funds and other institutional investors own 90.76% of the company's stock.

Insider Activity at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 2,658 shares of the company's 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 transaction, the insider owned 74,417 shares in the company, valued at approximately $15,297,902.69. This represents a 3.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Lance A. Soliday sold 852 shares of the company'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 transaction, the chief accounting officer owned 12,036 shares in the company, valued at $2,477,971.68. The trade was a 6.61% decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,816 shares of company stock valued at $2,009,132 over the last 90 days. Insiders own 9.13% of the company's stock.

Wall Street Analyst Weigh In

EXPE has been the topic of several recent analyst reports. Susquehanna raised their price objective on shares of Expedia Group from $175.00 to $200.00 and gave the company a "neutral" rating in a research report on Monday, August 11th. Wells Fargo & Company restated a "positive" rating on shares of Expedia Group in a research report on Friday, August 8th. Cowen restated a "hold" rating on shares of Expedia Group in a research report on Friday, August 8th. BTIG Research set a $250.00 price objective on shares of Expedia Group and gave the company a "buy" rating in a research report on Friday, August 8th. Finally, Wall Street Zen upgraded shares of Expedia Group from a "hold" rating to a "buy" rating in a research report on Monday, July 28th. Three 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. Based on data from MarketBeat, Expedia Group presently has an average rating of "Hold" and an average price target of $205.63.

Expedia Group Trading Down 1.2%

Shares of EXPE stock traded down $2.68 during trading hours on Tuesday, reaching $212.12. 1,120,642 shares of the stock were exchanged, compared to its average volume of 2,055,849. Expedia Group, Inc. has a 12-month low of $126.46 and a 12-month high of $216.60. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. The company's 50-day moving average price is $190.41 and its 200-day moving average price is $175.90. The firm has a market capitalization of $26.24 billion, a price-to-earnings ratio of 26.00, a price-to-earnings-growth ratio of 1.10 and a beta of 1.57.

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 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 analysts' expectations of $3.70 billion. During the same period in the previous year, the company earned $3.51 EPS. The firm's revenue for the quarter 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 analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th will be issued a $0.40 dividend. The ex-dividend date is Thursday, August 28th. This represents a $1.60 annualized dividend and a dividend yield of 0.8%. Expedia Group's payout ratio is currently 19.61%.

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.