Expedia Group, Inc. $EXPE Shares Purchased by Ghe LLC

Ghe LLC raised its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 217.4% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 18,530 shares of the online travel company’s stock after buying an additional 12,692 shares during the quarter. Expedia Group accounts for approximately 0.9% of Ghe LLC’s holdings, making the stock its 14th biggest holding. Ghe LLC’s holdings in Expedia Group were worth $4,278,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. RHS Financial LLC grew its position in shares of Expedia Group by 4.0% during the fourth quarter. RHS Financial LLC now owns 1,030 shares of the online travel company’s stock worth $292,000 after acquiring an additional 40 shares during the last quarter. Petredis Investment Advisors LLC boosted its stake in Expedia Group by 3.2% during the 1st quarter. Petredis Investment Advisors LLC now owns 1,305 shares of the online travel company’s stock valued at $301,000 after purchasing an additional 40 shares during the period. Geneos Wealth Management Inc. boosted its stake in Expedia Group by 8.2% during the 4th quarter. Geneos Wealth Management Inc. now owns 567 shares of the online travel company’s stock valued at $161,000 after purchasing an additional 43 shares during the period. Harbor Investment Advisory LLC grew its position in Expedia Group by 16.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 319 shares of the online travel company’s stock worth $90,000 after purchasing an additional 44 shares during the last quarter. Finally, JFS Wealth Advisors LLC increased its stake in shares of Expedia Group by 78.6% in the fourth quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock valued at $28,000 after purchasing an additional 44 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Activity

In other news, insider Robert J. Dzielak sold 4,702 shares of Expedia Group stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $233.00, for a total value of $1,095,566.00. Following the transaction, the insider owned 105,448 shares of the company’s stock, valued at $24,569,384. The trade was a 4.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Lance A. Soliday sold 940 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $221.86, for a total transaction of $208,548.40. Following the completion of the sale, the chief accounting officer owned 14,083 shares in the company, valued at $3,124,454.38. The trade was a 6.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 5.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Susquehanna lifted their price target on Expedia Group from $240.00 to $250.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Morgan Stanley raised their target price on Expedia Group from $270.00 to $290.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 28th. Citic Securities cut their target price on Expedia Group from $337.00 to $320.00 and set a “buy” rating on the stock in a research note on Friday, May 15th. Robert W. Baird set a $290.00 price target on Expedia Group in a research note on Friday, May 8th. Finally, Jefferies Financial Group raised Expedia Group from a “hold” rating to a “buy” rating and raised their price target for the company from $240.00 to $300.00 in a report on Monday, March 30th. Sixteen investment analysts have rated the stock with a Buy rating and twenty-three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $286.27.

Expedia Group Price Performance

Shares of EXPE stock opened at $270.83 on Monday. Expedia Group, Inc. has a 1 year low of $174.05 and a 1 year high of $303.80. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current ratio of 0.73. The business’s fifty day moving average is $238.02 and its 200-day moving average is $245.17. The stock has a market cap of $33.19 billion, a PE ratio of 23.84, a price-to-earnings-growth ratio of 0.71 and a beta of 1.23.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.55. The business had revenue of $3.43 billion during the quarter, compared to analyst estimates 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 was up 14.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.40 earnings per share. Equities analysts expect that Expedia Group, Inc. will post 16.98 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

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

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.