Expedia Group, Inc. $EXPE Shares Purchased by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC lifted its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 68.1% in the 2nd quarter, Holdings Channel.com reports. The firm owned 14,080 shares of the online travel company’s stock after purchasing an additional 5,703 shares during the period. Pallas Capital Advisors LLC’s holdings in Expedia Group were worth $2,375,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Financiere des Professionnels Fonds d investissement inc. acquired a new stake in Expedia Group during the second quarter worth $593,000. Fragasso Financial Advisors Inc increased its stake in Expedia Group by 64.2% during the second quarter. Fragasso Financial Advisors Inc now owns 5,467 shares of the online travel company’s stock worth $922,000 after acquiring an additional 2,137 shares during the last quarter. Central Bank & Trust Co. increased its stake in Expedia Group by 5.2% during the second quarter. Central Bank & Trust Co. now owns 7,705 shares of the online travel company’s stock worth $1,300,000 after acquiring an additional 381 shares during the last quarter. Czech National Bank increased its stake in Expedia Group by 4.9% during the second quarter. Czech National Bank now owns 29,722 shares of the online travel company’s stock worth $5,014,000 after acquiring an additional 1,395 shares during the last quarter. Finally, Range Financial Group LLC acquired a new stake in Expedia Group during the second quarter worth $452,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Activity

In other news, Director Craig A. Jacobson sold 3,000 shares of the business’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total value of $623,340.00. Following the completion of the sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Lance A. Soliday sold 852 shares of the business’s stock in a transaction dated 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 sale, the chief accounting officer directly owned 12,036 shares of the company’s stock, valued at $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 valued at $2,009,132. Insiders own 9.13% of the company’s stock.

Expedia Group Stock Up 0.1%

Shares of NASDAQ EXPE opened at $225.18 on Thursday. The company has a market capitalization of $27.86 billion, a price-to-earnings ratio of 27.60, a price-to-earnings-growth ratio of 1.18 and a beta of 1.57. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. The business has a 50-day moving average of $200.70 and a two-hundred day moving average of $177.52. Expedia Group, Inc. has a 1 year low of $130.01 and a 1 year high of $229.00.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.13 by $0.11. The company had revenue of $3.79 billion during 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%.Expedia Group’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the previous year, the business earned $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The company also recently announced 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. This represents a $1.60 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, August 28th. Expedia Group’s payout ratio is presently 19.61%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. B. Riley raised their target price on Expedia Group from $222.00 to $260.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Barclays raised their price target 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. Wells Fargo & Company restated a “positive” rating on shares of Expedia Group in a research report on Friday, August 8th. Bank of America raised their price target on Expedia Group from $211.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Finally, Truist Financial lowered their price target on Expedia Group from $175.00 to $168.00 and set a “hold” rating for the company in a research report on Tuesday, June 24th. Three analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target 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.