Freestone Capital Holdings LLC Sells 1,343 Shares of Expedia Group, Inc. $EXPE

Freestone Capital Holdings LLC lessened its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 8.4% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,625 shares of the online travel company’s stock after selling 1,343 shares during the period. Freestone Capital Holdings LLC’s holdings in Expedia Group were worth $2,467,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in EXPE. Spire Wealth Management lifted its position in shares of Expedia Group by 114.3% in the second quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock worth $25,000 after buying an additional 80 shares in the last quarter. McClarren Financial Advisors Inc. bought a new stake in Expedia Group in the 1st quarter worth approximately $28,000. Atlas Capital Advisors Inc. purchased a new stake in shares of Expedia Group during the 1st quarter worth approximately $28,000. GFG Capital LLC bought a new position in shares of Expedia Group during the 2nd quarter valued at approximately $29,000. Finally, Trust Co. of Toledo NA OH purchased a new position in shares of Expedia Group in the second quarter valued at $31,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on EXPE shares. Oppenheimer reaffirmed an “outperform” rating on shares of Expedia Group in a research note on Friday, August 8th. Wells Fargo & Company boosted their target price on shares of Expedia Group from $211.00 to $212.00 and gave the stock an “equal weight” rating in a report on Monday, October 6th. BTIG Research restated a “buy” rating and set a $250.00 target price on shares of Expedia Group in a research report on Tuesday, October 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Expedia Group in a report on Wednesday, October 8th. Finally, B. Riley boosted their price objective on Expedia Group from $222.00 to $260.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty-two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $214.29.

Expedia Group Price Performance

EXPE stock opened at $215.61 on Tuesday. The stock has a market cap of $26.67 billion, a PE ratio of 26.42, a P/E/G ratio of 1.15 and a beta of 1.56. Expedia Group, Inc. has a 12 month low of $130.01 and a 12 month high of $240.98. The company has a 50-day moving average price of $218.53 and a 200 day moving average price of $190.49. 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 quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, topping 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 the consensus estimate of $3.70 billion. During the same quarter last year, the firm earned $3.51 earnings per share. The firm’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. Equities research analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, August 28th were issued 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 yield of 0.7%. Expedia Group’s payout ratio is presently 19.61%.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 852 shares of the 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 in the company, valued at $2,477,971.68. This trade represents a 6.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total value of $623,340.00. Following the sale, the director owned 33,858 shares of the company’s stock, valued at approximately $7,035,015.24. This trade represents a 8.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 9,816 shares of company stock valued at $2,009,132 in the last quarter. 9.13% of the stock is owned by insiders.

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.