Sagespring Wealth Partners LLC Invests $204,000 in Expedia Group, Inc. $EXPE

Sagespring Wealth Partners LLC acquired a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 1,208 shares of the online travel company’s stock, valued at approximately $204,000.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Expedia Group by 2.7% in the 1st quarter. Vanguard Group Inc. now owns 15,201,811 shares of the online travel company’s stock valued at $2,555,424,000 after buying an additional 394,147 shares in the last quarter. Alkeon Capital Management LLC boosted its stake in Expedia Group by 20.2% in the 1st quarter. Alkeon Capital Management LLC now owns 2,375,276 shares of the online travel company’s stock valued at $399,284,000 after buying an additional 398,804 shares in the last quarter. AQR Capital Management LLC boosted its stake in Expedia Group by 174.0% in the 1st quarter. AQR Capital Management LLC now owns 1,444,283 shares of the online travel company’s stock valued at $235,592,000 after buying an additional 917,192 shares in the last quarter. Nuveen LLC acquired a new stake in Expedia Group in the 1st quarter valued at $227,174,000. Finally, Northern Trust Corp boosted its stake in Expedia Group by 4.4% in the 1st quarter. Northern Trust Corp now owns 1,331,482 shares of the online travel company’s stock valued at $223,822,000 after buying an additional 55,575 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on EXPE. Benchmark boosted their price target on Expedia Group from $215.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Jefferies Financial Group boosted their price target on Expedia Group from $210.00 to $220.00 and gave the company a “hold” rating in a research note on Friday. Citigroup boosted their price target on Expedia Group from $177.00 to $206.00 and gave the company a “neutral” rating in a research note on Wednesday, August 13th. Oppenheimer reaffirmed an “outperform” rating on shares of Expedia Group in a research note on Friday, August 8th. Finally, Bank of America boosted their price objective on Expedia Group from $211.00 to $240.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $211.22.

Expedia Group Trading Up 0.6%

EXPE stock opened at $214.76 on Friday. The company has a market cap of $26.57 billion, a P/E ratio of 26.32, a PEG ratio of 1.12 and a beta of 1.56. Expedia Group, Inc. has a twelve month low of $130.01 and a twelve month high of $240.98. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. The business has a fifty day moving average of $215.44 and a 200-day moving average of $184.42.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share 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%.The firm’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.51 earnings per share. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities research analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th were given a dividend of $0.40 per share. The ex-dividend date was Thursday, August 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.7%. Expedia Group’s payout ratio is presently 19.61%.

Insider Transactions at Expedia Group

In other news, Director Craig A. Jacobson sold 3,000 shares of the business’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total transaction of $623,340.00. Following the completion of the sale, the director owned 33,858 shares in the company, valued at $7,035,015.24. The trade was a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Lance A. Soliday sold 852 shares of the business’s stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total value of $175,409.76. Following the sale, the chief accounting officer owned 12,036 shares of the company’s stock, valued at approximately $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 a total of 9,816 shares of company stock worth $2,009,132 over the last 90 days. 9.13% of the stock is owned by insiders.

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.