Expedia Group, Inc. $EXPE Shares Acquired by NorthCrest Asset Manangement LLC

NorthCrest Asset Manangement LLC lifted its position in Expedia Group, Inc. (NASDAQ:EXPE) by 161.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,169 shares of the online travel company’s stock after acquiring an additional 3,807 shares during the period. NorthCrest Asset Manangement LLC’s holdings in Expedia Group were worth $1,334,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Leith Wheeler Investment Counsel Ltd. increased its position in shares of Expedia Group by 2.6% during the 2nd quarter. Leith Wheeler Investment Counsel Ltd. now owns 107,973 shares of the online travel company’s stock worth $18,213,000 after purchasing an additional 2,767 shares during the last quarter. Railway Pension Investments Ltd boosted its stake in Expedia Group by 19.6% during the third quarter. Railway Pension Investments Ltd now owns 115,200 shares of the online travel company’s stock worth $24,624,000 after buying an additional 18,900 shares during the period. Vise Technologies Inc. acquired a new stake in shares of Expedia Group during the second quarter valued at about $2,351,000. Brighton Jones LLC raised its stake in shares of Expedia Group by 44.1% in the 3rd quarter. Brighton Jones LLC now owns 16,311 shares of the online travel company’s stock valued at $3,486,000 after acquiring an additional 4,988 shares during the period. Finally, Cerity Partners LLC raised its stake in shares of Expedia Group by 77.4% in the 3rd quarter. Cerity Partners LLC now owns 91,360 shares of the online travel company’s stock valued at $19,528,000 after acquiring an additional 39,860 shares during the period. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Expedia Group Stock Down 4.5%

EXPE stock opened at $272.15 on Wednesday. The company’s 50 day moving average price is $274.75 and its 200 day moving average price is $232.18. The firm has a market capitalization of $33.35 billion, a price-to-earnings ratio of 26.04, a PEG ratio of 1.03 and a beta of 1.43. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $303.80. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.74 and a current ratio of 0.74.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, topping 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 company had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter in the previous year, the firm earned $6.13 earnings per share. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. On average, equities research analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Investors of record on Wednesday, November 19th were paid 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 dividend yield of 0.6%. Expedia Group’s payout ratio is presently 15.31%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on EXPE shares. Oppenheimer increased their price objective on shares of Expedia Group from $250.00 to $290.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. Rothschild & Co Redburn raised their price target on Expedia Group from $290.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. BNP Paribas assumed coverage on Expedia Group in a report on Monday, November 24th. They issued a “hold” rating on the stock. Evercore ISI raised their target price on Expedia Group from $280.00 to $350.00 and gave the company an “outperform” rating in a report on Tuesday, November 25th. Finally, Robert W. Baird lifted their target price on Expedia Group from $240.00 to $280.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. One investment 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 stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $288.32.

Insider Activity at Expedia Group

In other news, Director Madhumita Moina Banerjee sold 1,000 shares of the firm’s 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 sale, the director owned 2,916 shares of the company’s stock, valued at approximately $752,328. This trade represents a 25.54% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 sale, the chief accounting officer owned 11,662 shares of the company’s stock, valued at approximately $2,893,108.96. The trade was a 6.79% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 4,849 shares of company stock valued at $1,283,270 over the last quarter. 9.13% of the stock is owned by insiders.

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.