U S Global Investors Inc. Sells 24,671 Shares of Expedia Group, Inc. $EXPE

U S Global Investors Inc. lessened its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 25.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 70,627 shares of the online travel company’s stock after selling 24,671 shares during the period. Expedia Group makes up 1.7% of U S Global Investors Inc.’s portfolio, making the stock its 17th biggest position. U S Global Investors Inc.’s holdings in Expedia Group were worth $15,097,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of Expedia Group by 0.7% in the 2nd quarter. Vanguard Group Inc. now owns 15,304,305 shares of the online travel company’s stock valued at $2,581,530,000 after purchasing an additional 102,494 shares during the period. Norges Bank acquired a new stake in Expedia Group in the 2nd quarter valued at $663,882,000. Geode Capital Management LLC grew its position in Expedia Group by 1.7% in the second quarter. Geode Capital Management LLC now owns 3,414,935 shares of the online travel company’s stock valued at $574,364,000 after acquiring an additional 58,244 shares during the period. AQR Capital Management LLC raised its stake in Expedia Group by 102.0% during the second quarter. AQR Capital Management LLC now owns 2,917,669 shares of the online travel company’s stock worth $492,152,000 after acquiring an additional 1,473,386 shares in the last quarter. Finally, Alkeon Capital Management LLC raised its stake in Expedia Group by 4.2% during the second quarter. Alkeon Capital Management LLC now owns 2,475,276 shares of the online travel company’s stock worth $417,530,000 after acquiring an additional 100,000 shares in the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Stock Performance

EXPE stock opened at $282.94 on Friday. The company has a 50 day moving average price of $259.96 and a 200 day moving average price of $221.43. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $292.42. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.74 and a quick ratio of 0.74. The stock has a market capitalization of $34.67 billion, a PE ratio of 27.08, a price-to-earnings-growth ratio of 1.02 and a beta of 1.43.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, beating the consensus estimate of $7.10 by $0.47. The company 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 64.15% and a net margin of 9.66%.The business’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same period last year, the firm earned $6.13 EPS. Analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Shareholders of record on Wednesday, November 19th were given a dividend of $0.40 per share. The ex-dividend date was Wednesday, November 19th. This represents a $1.60 dividend on an annualized basis and a yield of 0.6%. Expedia Group’s dividend payout ratio is presently 15.31%.

Insider Activity

In other news, Director Madhumita Moina Banerjee sold 1,000 shares of Expedia Group stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $258.00, for a total transaction of $258,000.00. Following the completion of the sale, the director owned 2,916 shares in the company, valued at $752,328. The trade was a 25.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Craig A. Jacobson sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $271.55, for a total transaction of $814,650.00. Following the sale, the director directly owned 30,858 shares of the company’s stock, valued at approximately $8,379,489.90. This trade represents a 8.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 4,849 shares of company stock valued at $1,283,270. 9.13% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on EXPE shares. Citigroup upped their target price on shares of Expedia Group from $206.00 to $281.00 and gave the stock a “neutral” rating in a report on Tuesday, November 11th. HSBC upped their price objective on shares of Expedia Group from $232.00 to $272.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. The Goldman Sachs Group lifted their target price on shares of Expedia Group from $253.00 to $295.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Benchmark increased their price target on Expedia Group from $265.00 to $310.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Finally, JPMorgan Chase & Co. raised their price target on Expedia Group from $225.00 to $260.00 and gave the company a “neutral” rating in a report on Friday, November 7th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and twenty-four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Expedia Group currently has a consensus rating of “Hold” and an average target price of $271.91.

About Expedia Group

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.