Freedom Investment Management Inc. Acquires 266 Shares of Expedia Group, Inc. $EXPE

Freedom Investment Management Inc. raised its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 5.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,523 shares of the online travel company’s stock after purchasing an additional 266 shares during the quarter. Freedom Investment Management Inc.’s holdings in Expedia Group were worth $932,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. McClarren Financial Advisors Inc. acquired a new position in shares of Expedia Group during the first quarter valued at $28,000. Atlas Capital Advisors Inc. acquired a new position in shares of Expedia Group during the first quarter valued at $28,000. GFG Capital LLC acquired a new position in shares of Expedia Group during the second quarter valued at $29,000. Trust Co. of Toledo NA OH acquired a new position in shares of Expedia Group during the second quarter valued at $31,000. Finally, Park Square Financial Group LLC acquired a new position in shares of Expedia Group during the first quarter valued at $34,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on EXPE shares. Piper Sandler upped their price target on Expedia Group from $135.00 to $190.00 and gave the company an “underweight” rating in a research note on Friday, August 8th. Royal Bank Of Canada upped their price objective on Expedia Group from $180.00 to $200.00 and gave the company a “sector perform” rating in a report on Friday, August 8th. Benchmark upped their price objective on Expedia Group from $215.00 to $265.00 and gave the company a “buy” rating in a report on Friday, August 8th. Barclays upped their price objective on Expedia Group from $190.00 to $197.00 and gave the company an “equal weight” rating in a report on Friday, August 8th. Finally, KeyCorp started coverage on Expedia Group in a report on Wednesday. They issued a “sector weight” rating for the company. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty-two 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 has an average rating of “Hold” and a consensus price target of $212.79.

Expedia Group Stock Up 1.5%

EXPE stock opened at $218.85 on Friday. 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 stock has a market capitalization of $27.08 billion, a P/E ratio of 26.82, a P/E/G ratio of 1.08 and a beta of 1.56. The business has a 50-day moving average of $217.14 and a 200-day moving average of $186.83. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $240.98.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, beating the consensus estimate of $4.13 by $0.11. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.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 prior year, the firm posted $3.51 earnings per share. The business’s quarterly revenue 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. On average, sell-side analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

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

Insider Activity

In other news, CAO Lance A. Soliday sold 852 shares of the stock in a transaction that occurred on Wednesday, August 20th. The stock was 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 approximately $2,477,971.68. This trade represents a 6.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert J. Dzielak sold 2,658 shares of Expedia Group stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total value of $546,405.06. Following the sale, the insider directly owned 74,417 shares of the company’s stock, valued at approximately $15,297,902.69. The trade was a 3.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,816 shares of company stock valued at $2,009,132 over the last three months. Insiders own 9.13% of the company’s stock.

About Expedia Group

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.