Kendall Capital Management Acquires 935 Shares of Expedia Group, Inc. $EXPE

Kendall Capital Management lifted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 8.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,260 shares of the online travel company’s stock after purchasing an additional 935 shares during the period. Kendall Capital Management’s holdings in Expedia Group were worth $2,068,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. State of Alaska Department of Revenue grew its stake in Expedia Group by 63.7% in the 2nd quarter. State of Alaska Department of Revenue now owns 23,661 shares of the online travel company’s stock valued at $3,990,000 after buying an additional 9,210 shares during the last quarter. Patton Fund Management Inc. bought a new stake in shares of Expedia Group during the 2nd quarter worth approximately $232,000. Kathmere Capital Management LLC lifted its stake in Expedia Group by 29.5% in the 2nd quarter. Kathmere Capital Management LLC now owns 3,765 shares of the online travel company’s stock valued at $635,000 after purchasing an additional 857 shares during the last quarter. ST Germain D J Co. Inc. bought a new position in Expedia Group in the 2nd quarter valued at approximately $153,000. Finally, CX Institutional lifted its stake in Expedia Group by 20.0% in the 2nd quarter. CX Institutional now owns 1,140 shares of the online travel company’s stock valued at $192,000 after purchasing an additional 190 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. DA Davidson upped their price target on shares of Expedia Group from $174.00 to $218.00 and gave the company a “neutral” rating in a research report on Friday, August 8th. Wedbush increased their target price on shares of Expedia Group from $175.00 to $220.00 and gave the stock a “neutral” rating in a research note on Friday, August 8th. Morgan Stanley increased their target price on shares of Expedia Group from $150.00 to $165.00 and gave the stock an “equal weight” rating in a research note on Monday, July 21st. Oppenheimer reaffirmed an “outperform” rating on shares of Expedia Group in a research note on Friday, August 8th. Finally, Royal Bank Of Canada raised their price target on shares of Expedia Group from $180.00 to $200.00 and gave the company a “sector perform” rating in a research report on Friday, August 8th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seventeen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $207.77.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the business’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 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Lance A. Soliday sold 852 shares of the business’s stock in a transaction 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 directly owned 12,036 shares in the company, valued at approximately $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 ninety days, insiders have sold 9,816 shares of company stock valued at $2,009,132. 9.13% of the stock is currently owned by company insiders.

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $222.87 on Friday. The company has a 50 day moving average of $206.11 and a 200 day moving average of $179.34. The stock has a market cap of $27.57 billion, a P/E ratio of 27.31, a P/E/G ratio of 1.13 and a beta of 1.57. Expedia Group, Inc. has a 12 month low of $130.01 and a 12 month high of $229.00. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14.

Expedia Group (NASDAQ:EXPE) last announced its earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share (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 business had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.70 billion. During the same period in the previous year, the business posted $3.51 earnings per share. Expedia Group’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, sell-side analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, August 28th were paid 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 was Thursday, August 28th. Expedia Group’s payout ratio is presently 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.