Malaga Cove Capital LLC Sells 1,595 Shares of Expedia Group, Inc. $EXPE

Malaga Cove Capital LLC lowered its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 46.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,822 shares of the online travel company’s stock after selling 1,595 shares during the period. Malaga Cove Capital LLC’s holdings in Expedia Group were worth $307,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in shares of Expedia Group by 2.7% during 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 purchasing an additional 394,147 shares during the period. Alkeon Capital Management LLC grew its holdings in Expedia Group by 20.2% during 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 increased its position in shares of Expedia Group by 174.0% during the first 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 during the period. Nuveen LLC purchased a new stake in shares of Expedia Group in the first quarter worth about $227,174,000. Finally, Northern Trust Corp lifted its holdings in shares of Expedia Group by 4.4% in the first quarter. Northern Trust Corp now owns 1,331,482 shares of the online travel company’s stock worth $223,822,000 after buying an additional 55,575 shares in the last quarter. 90.76% of the stock is owned by institutional investors.

Expedia Group Stock Up 17.5%

EXPE opened at $258.25 on Friday. The business’s fifty day simple moving average is $219.50 and its 200 day simple moving average is $192.05. Expedia Group, Inc. has a 52 week low of $130.01 and a 52 week high of $264.20. 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 stock has a market cap of $31.95 billion, a PE ratio of 31.65, a P/E/G ratio of 1.15 and a beta of 1.58.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.10 by $0.47. The firm had revenue of $4.41 billion during the quarter, compared to analysts’ expectations of $4.28 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The company’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period in the prior year, the business earned $6.13 EPS. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 19th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Wednesday, November 19th. Expedia Group’s dividend payout ratio (DPR) is presently 19.61%.

Insiders Place Their Bets

In other Expedia Group news, insider Robert J. Dzielak sold 3,306 shares of Expedia Group stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $200.84, for a total transaction of $663,977.04. Following the transaction, the insider directly owned 77,075 shares of the company’s stock, valued at approximately $15,479,743. This trade represents a 4.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Lance A. Soliday sold 852 shares of the business’s 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 completion of 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 ownership of the stock. The SEC filing for this sale provides additional information. Over 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 corporate insiders.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Barclays upped their target price on shares of Expedia Group from $197.00 to $220.00 and gave the stock an “equal weight” rating in a report on Friday. Jefferies Financial Group upped their price target on shares of Expedia Group from $210.00 to $220.00 and gave the stock a “hold” rating in a report on Friday, October 17th. Oppenheimer lifted their price objective on Expedia Group from $250.00 to $290.00 and gave the company an “outperform” rating in a research note on Friday. Benchmark boosted their target price on Expedia Group from $265.00 to $310.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Wedbush raised their price target on Expedia Group from $230.00 to $250.00 and gave the company a “neutral” rating in a report on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and twenty-three have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $244.03.

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.