Expedia Group, Inc. $EXPE Stake Raised by Three Seasons Wealth LLC

Three Seasons Wealth LLC grew its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 49.6% in the second quarter, HoldingsChannel reports. The fund owned 10,392 shares of the online travel company’s stock after buying an additional 3,447 shares during the period. Three Seasons Wealth LLC’s holdings in Expedia Group were worth $2,659,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Motiv8 Investments LLC acquired a new stake in Expedia Group in the fourth quarter worth about $25,000. Entrust Financial LLC bought a new position in shares of Expedia Group during the 4th quarter valued at about $26,000. First Bancorp Inc ME acquired a new position in Expedia Group in the second quarter worth approximately $28,000. Sunbelt Securities Inc. grew its holdings in shares of Expedia Group by 970.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock worth $39,000 after acquiring an additional 165 shares during the last quarter. Finally, Elevation Wealth Partners LLC raised its holdings in Expedia Group by 272.9% during the 2nd quarter. Elevation Wealth Partners LLC now owns 179 shares of the online travel company’s stock worth $46,000 after buying an additional 131 shares during the period. 90.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on EXPE shares. Susquehanna boosted their target price on shares of Expedia Group from $250.00 to $315.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. DA Davidson reduced their price objective on Expedia Group from $260.00 to $250.00 and set a “neutral” rating for the company in a research report on Friday, May 15th. Wall Street Zen cut shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Weiss Ratings raised shares of Expedia Group from a “hold (c)” rating to a “buy (b-)” rating in a research report on Friday, August 21st. Finally, Evercore set a $430.00 price objective on Expedia Group in a research note on Monday, August 24th. Eighteen investment analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $318.71.

Expedia Group Price Performance

Shares of EXPE stock opened at $298.04 on Friday. The firm has a market cap of $35.77 billion, a price-to-earnings ratio of 18.58, a P/E/G ratio of 0.74 and a beta of 1.25. The stock’s fifty day simple moving average is $294.84 and its 200 day simple moving average is $253.83. Expedia Group, Inc. has a one year low of $185.34 and a one year high of $342.00. The company has a debt-to-equity ratio of 2.21, a current ratio of 0.80 and a quick ratio of 0.80.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Wednesday, August 5th. The online travel company reported $5.76 EPS for the quarter, beating the consensus estimate of $5.22 by $0.54. Expedia Group had a net margin of 12.97% and a return on equity of 87.32%. The company had revenue of $4.32 billion for the quarter, compared to the consensus estimate of $4.17 billion. During the same quarter in the previous year, the company earned $4.24 EPS. The firm’s revenue for the quarter was up 14.0% compared to the same quarter last year. On average, analysts expect that Expedia Group, Inc. will post 17.15 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, August 27th will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $1.92 annualized dividend and a dividend yield of 0.6%. Expedia Group’s dividend payout ratio (DPR) is presently 11.97%.

Insider Activity

In related news, CAO Lance A. Soliday sold 2,810 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $323.65, for a total transaction of $909,456.50. Following the transaction, the chief accounting officer owned 12,006 shares in the company, valued at $3,885,741.90. This represents a 18.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Craig A. Jacobson sold 3,133 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $328.52, for a total transaction of $1,029,253.16. Following the transaction, the director owned 29,832 shares in the company, valued at $9,800,408.64. The trade was a 9.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 11,950 shares of company stock worth $3,881,995. Insiders own 5.20% of the company’s stock.

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.