Geode Capital Management LLC Boosts Stock Position in Expedia Group, Inc. $EXPE

Geode Capital Management LLC grew its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 1.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,414,935 shares of the online travel company’s stock after purchasing an additional 58,244 shares during the quarter. Geode Capital Management LLC owned approximately 2.69% of Expedia Group worth $574,364,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Spire Wealth Management boosted its stake in 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 shares of Expedia Group in the 1st quarter worth approximately $28,000. Atlas Capital Advisors Inc. purchased a new stake in shares of Expedia Group in the 1st quarter valued at $28,000. GFG Capital LLC bought a new position in shares of Expedia Group during the 2nd quarter valued at $29,000. Finally, Trust Co. of Toledo NA OH purchased a new position in Expedia Group in the 2nd quarter worth $31,000. Institutional investors own 90.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. B. Riley upped their price target on shares of Expedia Group from $260.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Benchmark increased their target price on Expedia Group from $265.00 to $310.00 and gave the company a “buy” rating in a report on Friday, November 7th. BMO Capital Markets raised their price target on Expedia Group from $205.00 to $250.00 in a research report on Friday, November 7th. Jefferies Financial Group boosted their price objective on Expedia Group from $220.00 to $270.00 in a research report on Monday, November 10th. Finally, Wedbush increased their price objective on Expedia Group from $230.00 to $250.00 and gave the company a “neutral” rating in a research note on Friday, November 7th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and twenty-two have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $262.94.

Expedia Group Stock Down 1.0%

Shares of NASDAQ EXPE opened at $264.66 on Friday. The firm has a fifty day simple moving average of $224.87 and a two-hundred day simple moving average of $195.86. Expedia Group, Inc. has a 12 month low of $130.01 and a 12 month high of $279.61. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. The firm has a market capitalization of $32.74 billion, a PE ratio of 32.43, a price-to-earnings-growth ratio of 1.15 and a beta of 1.58.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.10 by $0.47. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The company had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $4.28 billion. During the same quarter in the previous year, the company earned $6.13 earnings per share. Expedia Group’s quarterly revenue was up 8.7% on a year-over-year basis. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 19th will be given a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $1.60 annualized dividend and a dividend yield of 0.6%. Expedia Group’s dividend payout ratio is currently 15.31%.

Insider Buying and Selling

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the 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 completion of the transaction, the director owned 33,858 shares in the company, valued at approximately $7,035,015.24. This represents a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Lance A. Soliday sold 852 shares of the firm’s stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total value of $175,409.76. Following the transaction, the chief accounting officer directly owned 12,036 shares of the company’s stock, valued at $2,477,971.68. This represents a 6.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 6,852 shares of company stock valued at $1,613,400. 9.13% of the stock is currently owned by company insiders.

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.