Integrated Advisors Network LLC Decreases Stock Holdings in Expedia Group, Inc. $EXPE

Integrated Advisors Network LLC lowered its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 75.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 957 shares of the online travel company’s stock after selling 2,864 shares during the quarter. Integrated Advisors Network LLC’s holdings in Expedia Group were worth $221,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. RHS Financial LLC boosted its holdings in shares of Expedia Group by 4.0% in the 4th quarter. RHS Financial LLC now owns 1,030 shares of the online travel company’s stock valued at $292,000 after buying an additional 40 shares in the last quarter. Petredis Investment Advisors LLC lifted its position in Expedia Group by 3.2% during the first quarter. Petredis Investment Advisors LLC now owns 1,305 shares of the online travel company’s stock valued at $301,000 after acquiring an additional 40 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in Expedia Group by 8.2% in the fourth quarter. Geneos Wealth Management Inc. now owns 567 shares of the online travel company’s stock valued at $161,000 after acquiring an additional 43 shares in the last quarter. Harbor Investment Advisory LLC boosted its stake in Expedia Group by 16.0% in the fourth quarter. Harbor Investment Advisory LLC now owns 319 shares of the online travel company’s stock valued at $90,000 after acquiring an additional 44 shares in the last quarter. Finally, JFS Wealth Advisors LLC grew its holdings in Expedia Group by 78.6% in the fourth quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after purchasing an additional 44 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

EXPE has been the topic of a number of recent analyst reports. Susquehanna upped their price target on Expedia Group from $240.00 to $250.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Wall Street Zen raised Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 10th. Dbs Bank upgraded Expedia Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, May 11th. Barclays upped their target price on Expedia Group from $260.00 to $264.00 and gave the company an “equal weight” rating in a research report on Monday, May 11th. Finally, Argus raised their price target on Expedia Group from $270.00 to $315.00 and gave the stock a “buy” rating in a report on Tuesday. Sixteen research analysts have rated the stock with a Buy rating and twenty-three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $286.27.

Insider Buying and Selling at Expedia Group

In related news, CAO Lance A. Soliday sold 940 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total transaction of $208,548.40. Following the completion of the transaction, the chief accounting officer owned 14,083 shares of the company’s stock, valued at $3,124,454.38. This trade represents a 6.26% 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, insider Robert J. Dzielak sold 4,702 shares of the company’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the completion of the sale, the insider directly owned 105,448 shares in the company, valued at approximately $24,569,384. The trade was a 4.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 5.20% of the company’s stock.

Expedia Group Stock Performance

EXPE traded up $3.05 on Friday, reaching $270.83. 1,026,013 shares of the stock were exchanged, compared to its average volume of 1,539,861. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.73 and a quick ratio of 0.73. The company’s 50-day moving average price is $238.02 and its 200 day moving average price is $245.48. The firm has a market capitalization of $33.19 billion, a PE ratio of 23.84, a PEG ratio of 0.71 and a beta of 1.23. Expedia Group, Inc. has a fifty-two week low of $174.05 and a fifty-two week high of $303.80.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.55. The firm had revenue of $3.43 billion during the quarter, compared to analysts’ expectations of $3.35 billion. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The company’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period last year, the business posted $0.40 earnings per share. As a group, sell-side analysts forecast that Expedia Group, Inc. will post 16.98 EPS for the current fiscal year.

Expedia Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, May 28th were paid a $0.48 dividend. The ex-dividend date was Thursday, May 28th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.7%. Expedia Group’s dividend payout ratio is presently 16.90%.

Expedia Group 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.