MGO One Seven LLC Purchases 4,504 Shares of Expedia Group, Inc. $EXPE

MGO One Seven LLC boosted its position in Expedia Group, Inc. (NASDAQ:EXPE) by 86.1% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 9,736 shares of the online travel company’s stock after acquiring an additional 4,504 shares during the period. MGO One Seven LLC’s holdings in Expedia Group were worth $2,081,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Spire Wealth Management increased its stake 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 purchasing an additional 80 shares in the last quarter. GFG Capital LLC purchased a new stake in shares of Expedia Group during the 2nd quarter valued at approximately $29,000. SOA Wealth Advisors LLC. bought a new position in Expedia Group in the 3rd quarter worth approximately $36,000. Armstrong Advisory Group Inc. grew its stake in Expedia Group by 212.7% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 172 shares of the online travel company’s stock valued at $37,000 after buying an additional 117 shares in the last quarter. Finally, Trust Co. of Toledo NA OH purchased a new position in Expedia Group in the 2nd quarter valued at approximately $31,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on EXPE. Deutsche Bank Aktiengesellschaft increased their target price on Expedia Group from $185.00 to $235.00 and gave the stock a “hold” rating in a research report on Friday, November 7th. HSBC raised their target price on Expedia Group from $232.00 to $272.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Citigroup upped their price target on Expedia Group from $206.00 to $281.00 and gave the company a “neutral” rating in a research report on Tuesday, November 11th. Piper Sandler raised shares of Expedia Group from an “underweight” rating to a “neutral” rating and increased their price target for the stock from $190.00 to $250.00 in a report on Friday, November 7th. Finally, UBS Group set a $270.00 price objective on shares of Expedia Group in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and twenty-four have assigned a Hold rating to the company’s stock. According to MarketBeat, Expedia Group has a consensus rating of “Hold” and an average price target of $285.16.

Insider Transactions at Expedia Group

In other Expedia Group news, Director Madhumita Moina Banerjee sold 1,000 shares of Expedia Group stock in a transaction dated 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 sale, the director owned 2,916 shares of the company’s stock, valued at $752,328. The trade was a 25.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Lance A. Soliday sold 849 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $248.08, for a total value of $210,619.92. Following the completion of the sale, the chief accounting officer owned 11,662 shares of the company’s stock, valued at $2,893,108.96. The trade was a 6.79% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 4,849 shares of company stock valued at $1,283,270. Insiders own 9.13% of the company’s stock.

Expedia Group Stock Performance

Shares of EXPE opened at $290.76 on Thursday. Expedia Group, Inc. has a 12-month low of $130.01 and a 12-month high of $303.80. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.72. The company has a market cap of $35.63 billion, a PE ratio of 27.82, a price-to-earnings-growth ratio of 1.08 and a beta of 1.43. The stock has a 50-day moving average price of $272.24 and a 200-day moving average price of $228.67.

Expedia Group (NASDAQ:EXPE) last announced its earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, beating analysts’ consensus estimates of $7.10 by $0.47. Expedia Group had a net margin of 9.66% and a return on equity of 64.15%. The business had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.28 billion. During the same period last year, the firm posted $6.13 earnings per share. Expedia Group’s quarterly revenue was up 8.7% on a year-over-year basis. As a group, equities analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 11th. Stockholders 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 annualized dividend and a dividend yield of 0.6%. Expedia Group’s dividend payout ratio (DPR) is 15.31%.

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.