Volterra Technologies LP Takes $528,000 Position in Expedia Group, Inc. $EXPE

Volterra Technologies LP acquired a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,286 shares of the online travel company’s stock, valued at approximately $528,000.

Several other institutional investors have also made changes to their positions in the business. Brighton Jones LLC bought a new position in Expedia Group during the fourth quarter worth about $408,000. NewEdge Advisors LLC grew its stake in shares of Expedia Group by 5.0% in the 1st quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock valued at $917,000 after purchasing an additional 259 shares during the period. Sivia Capital Partners LLC bought a new stake in shares of Expedia Group in the 2nd quarter valued at approximately $596,000. Daiwa Securities Group Inc. raised its holdings in shares of Expedia Group by 6.5% in the 2nd quarter. Daiwa Securities Group Inc. now owns 21,265 shares of the online travel company’s stock worth $3,587,000 after buying an additional 1,290 shares in the last quarter. Finally, AXA S.A. raised its holdings in shares of Expedia Group by 5.9% in the 2nd quarter. AXA S.A. now owns 11,042 shares of the online travel company’s stock worth $1,863,000 after buying an additional 615 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 4,702 shares of the stock in a transaction dated 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 sale, the insider owned 105,448 shares of the company’s stock, valued at $24,569,384. This represents a 4.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Lance A. Soliday sold 940 shares of the firm’s stock in a transaction dated 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 sale, the chief accounting officer owned 14,083 shares of the company’s stock, valued at $3,124,454.38. The trade was a 6.26% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 5.20% of the company’s stock.

Expedia Group Stock Down 1.3%

Shares of EXPE opened at $257.61 on Friday. The company has a market capitalization of $31.57 billion, a P/E ratio of 22.68, a PEG ratio of 0.69 and a beta of 1.23. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.73 and a quick ratio of 0.73. Expedia Group, Inc. has a one year low of $174.05 and a one year high of $303.80. The business’s 50 day simple moving average is $243.69 and its 200-day simple moving average is $243.88.

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

Expedia Group Announces Dividend

The firm also recently announced 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 (DPR) is 16.90%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on EXPE shares. B. Riley Financial cut their target price on Expedia Group from $360.00 to $350.00 and set a “buy” rating for the company in a research report on Monday, April 27th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $255.00 price target on shares of Expedia Group in a research report on Monday. Barclays increased their price objective on Expedia Group from $260.00 to $264.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Susquehanna lifted their price objective on Expedia Group from $240.00 to $250.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Finally, Wall Street Zen upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a research note on Sunday, May 10th. Seventeen research analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $288.64.

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.