Nisa Investment Advisors LLC Lowers Position in Expedia Group, Inc. $EXPE

Nisa Investment Advisors LLC lessened its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 7.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 45,768 shares of the online travel company’s stock after selling 3,788 shares during the period. Nisa Investment Advisors LLC’s holdings in Expedia Group were worth $9,783,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of EXPE. Venturi Wealth Management LLC purchased a new position in shares of Expedia Group during the 3rd quarter valued at about $359,000. Benjamin Edwards Inc. raised its stake in Expedia Group by 79.2% during the 3rd quarter. Benjamin Edwards Inc. now owns 3,434 shares of the online travel company’s stock worth $734,000 after acquiring an additional 1,518 shares during the period. Realta Investment Advisors bought a new stake in Expedia Group during the 3rd quarter worth approximately $911,000. Park Avenue Securities LLC lifted its holdings in Expedia Group by 4.8% during the third quarter. Park Avenue Securities LLC now owns 6,576 shares of the online travel company’s stock valued at $1,406,000 after purchasing an additional 301 shares in the last quarter. Finally, KLP Kapitalforvaltning AS boosted its position in shares of Expedia Group by 3.5% in the third quarter. KLP Kapitalforvaltning AS now owns 73,442 shares of the online travel company’s stock worth $15,698,000 after purchasing an additional 2,500 shares during the period. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Down 1.7%

Shares of EXPE stock opened at $296.33 on Friday. The company’s fifty day simple moving average is $267.43 and its two-hundred day simple moving average is $226.02. Expedia Group, Inc. has a 52 week low of $130.01 and a 52 week high of $303.80. The stock has a market cap of $36.31 billion, a P/E ratio of 28.36, a PEG ratio of 1.07 and a beta of 1.43. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.72.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.10 by $0.47. The firm had revenue of $4.41 billion for 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 was up 8.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $6.13 earnings per share. Analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 11th. Stockholders of record on Wednesday, November 19th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Wednesday, November 19th. Expedia Group’s dividend payout ratio is 15.31%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Susquehanna raised their price objective on shares of Expedia Group from $200.00 to $265.00 and gave the company a “neutral” rating in a research report on Monday, November 10th. Robert W. Baird upped their target price on shares of Expedia Group from $240.00 to $280.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Wedbush increased their price target on Expedia Group from $250.00 to $290.00 and gave the stock a “neutral” rating in a research note on Friday, December 19th. Argus boosted their price objective on Expedia Group from $300.00 to $340.00 and gave the company a “buy” rating in a research report on Monday, December 29th. Finally, Evercore ISI upped their price objective on Expedia Group from $280.00 to $350.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 25th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and twenty-four have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $278.68.

Insider Activity

In other news, Director Madhumita Moina Banerjee sold 1,000 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $258.00, for a total transaction of $258,000.00. Following the completion of the transaction, the director directly owned 2,916 shares in the company, valued at approximately $752,328. This represents a 25.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Craig A. Jacobson sold 3,000 shares of the business’s stock in a transaction 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 completion of the sale, the director owned 30,858 shares in the company, valued at $8,379,489.90. This represents a 8.86% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 4,849 shares of company stock worth $1,283,270. 9.13% of the stock is currently owned by insiders.

Expedia Group Company Profile

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.