Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by Numerai GP LLC

Numerai GP LLC raised its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 94.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,908 shares of the online travel company's stock after purchasing an additional 1,900 shares during the period. Numerai GP LLC's holdings in Expedia Group were worth $728,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Minot DeBlois Advisors LLC acquired a new stake in shares of Expedia Group during the 4th quarter worth $27,000. SRH Advisors LLC purchased a new stake in Expedia Group during the fourth quarter valued at about $28,000. Sava Infond d.o.o. acquired a new stake in Expedia Group during the fourth quarter worth about $28,000. Grove Bank & Trust raised its holdings in shares of Expedia Group by 676.2% in the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock worth $30,000 after purchasing an additional 142 shares during the period. Finally, Prudent Man Investment Management Inc. acquired a new position in shares of Expedia Group in the 4th quarter valued at about $34,000. Hedge funds and other institutional investors own 90.76% of the company's stock.

Insider Activity

In related news, insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total value of $1,028,500.00. Following the sale, the insider now directly owns 74,502 shares in the company, valued at $15,325,061.40. This trade represents a 6.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 6.80% of the company's stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Truist Financial increased their target price on shares of Expedia Group from $163.00 to $175.00 and gave the stock a "hold" rating in a research report on Wednesday, March 12th. Piper Sandler lowered shares of Expedia Group from a "neutral" rating to an "underweight" rating and dropped their price objective for the stock from $174.00 to $135.00 in a research report on Friday, May 9th. JPMorgan Chase & Co. reduced their target price on shares of Expedia Group from $205.00 to $170.00 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. Susquehanna lowered their price target on Expedia Group from $205.00 to $175.00 and set a "neutral" rating for the company in a report on Monday, May 12th. Finally, Wells Fargo & Company raised their price objective on Expedia Group from $143.00 to $149.00 and gave the company an "equal weight" rating in a research report on Friday, May 9th. One analyst has rated the stock with a sell rating, seventeen have given a hold rating, eleven have issued a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $186.35.

Expedia Group Stock Up 0.3%

NASDAQ:EXPE traded up $0.45 during mid-day trading on Friday, reaching $166.66. The stock had a trading volume of 1,758,482 shares, compared to its average volume of 1,930,761. The stock's 50 day simple moving average is $160.47 and its two-hundred day simple moving average is $176.04. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $207.73. The company has a market capitalization of $21.48 billion, a price-to-earnings ratio of 18.42, a price-to-earnings-growth ratio of 0.92 and a beta of 1.62. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The online travel company reported $0.40 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by ($0.02). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. The business had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $3.02 billion. During the same quarter in the previous year, the business posted $0.21 earnings per share. The company's quarterly revenue was up 3.4% compared to the same quarter last year. Equities analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Thursday, May 29th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date is Thursday, May 29th. Expedia Group's payout ratio is 18.87%.

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.