Expedia Group, Inc. $EXPE Stock Bought by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund raised its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 2.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,842 shares of the online travel company’s stock after acquiring an additional 2,657 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Expedia Group were worth $27,084,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Valley National Advisers Inc. lifted its position in shares of Expedia Group by 900.0% in the third quarter. Valley National Advisers Inc. now owns 100 shares of the online travel company’s stock worth $26,000 after purchasing an additional 90 shares in the last quarter. Team Financial Group LLC purchased a new position in Expedia Group during the third quarter valued at approximately $26,000. First Bancorp Inc ME acquired a new position in Expedia Group in the 2nd quarter valued at approximately $28,000. Elevation Wealth Partners LLC increased its stake in Expedia Group by 272.9% in the 2nd quarter. Elevation Wealth Partners LLC now owns 179 shares of the online travel company’s stock valued at $46,000 after buying an additional 131 shares during the period. Finally, Coppell Advisory Solutions LLC acquired a new position in Expedia Group in the 2nd quarter valued at approximately $67,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insiders Place Their Bets

In other Expedia Group news, CAO Lance Soliday sold 2,810 shares of the firm’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $323.65, for a total value of $909,456.50. Following the sale, the chief accounting officer directly owned 12,006 shares in the company, valued at $3,885,741.90. This trade represents a 18.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Craig Jacobson sold 3,133 shares of the business’s stock in a transaction dated 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 approximately $9,800,408.64. The trade was a 9.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 8,947 shares of company stock worth $2,936,050 in the last ninety days. Insiders own 5.20% of the company’s stock.

Expedia Group Stock Down 2.1%

Shares of EXPE stock opened at $253.77 on Wednesday. Expedia Group, Inc. has a 12 month low of $185.34 and a 12 month high of $342.00. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 1.62. The firm has a market cap of $30.46 billion, a PE ratio of 14.81, a price-to-earnings-growth ratio of 0.62 and a beta of 1.39. The stock has a 50 day moving average of $279.13 and a 200-day moving average of $259.28.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Wednesday, November 4th. The online travel company reported $9.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.85 by $0.54. Expedia Group had a net margin of 12.98% and a return on equity of 91.03%. The business had revenue of $4.94 billion for the quarter, compared to the consensus estimate of $4.73 billion. During the same quarter last year, the company posted $7.57 earnings per share. Expedia Group’s quarterly revenue was up 11.9% on a year-over-year basis. On average, equities analysts predict that Expedia Group, Inc. will post 17.37 EPS for the current year.

Expedia Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 18th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $1.92 dividend on an annualized basis and a yield of 0.8%. Expedia Group’s dividend payout ratio is 11.21%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on EXPE shares. Wall Street Zen lowered shares of Expedia Group from a “buy” rating to a “hold” rating in a research note on Saturday. Jefferies Financial Group dropped their price target on shares of Expedia Group from $350.00 to $325.00 and set a “buy” rating on the stock in a research note on Monday. Royal Bank Of Canada increased their price objective on Expedia Group from $290.00 to $330.00 and gave the stock a “sector perform” rating in a report on Thursday, August 6th. JPMorgan Chase & Co. reduced their price objective on Expedia Group from $330.00 to $315.00 and set a “neutral” rating for the company in a research report on Thursday, November 5th. Finally, Piper Sandler restated a “neutral” rating and issued a $335.00 target price (up from $325.00) on shares of Expedia Group in a research note on Thursday, November 5th. Fifteen research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Expedia Group presently has an average rating of “Hold” and an average target price of $316.45.

Key Expedia Group News

Here are the key news stories impacting Expedia Group this week:

• Positive Sentiment: Expedia’s recent $676 million in deals points to increased business-to-business activity, which may support growth beyond its consumer booking business. Expedia’s $676 Million in Deals Points to More B2B Buying
• Positive Sentiment: Jefferies maintained a Buy rating despite lowering its price target to $325 from $350, suggesting the analyst still sees upside. Jefferies Financial Group stock recommendations
• Neutral Sentiment: Expedia has launched its Muse offering, though its AI capabilities are currently focused within its own apps; the report highlights that its AI gains remain internal rather than broadly distributed. Expedia Goes Live on Muse, but Its AI Wins Are Inside Its Own Apps
• Neutral Sentiment: A report notes Expedia pays out only 11% of profits as dividends and directs substantial capital to buybacks, but it does not announce a dividend increase. Expedia Uses Just 11% of Its Profits for Dividends
• Negative Sentiment: Online travel agency shares declined after OpenAI acquired travel startup Odessia, raising concern that AI-enabled trip planning and booking could challenge established platforms such as Expedia. Online Travel Agencies’ Shares Drop Following OpenAI Acquisition of Travel Startup Odessia

About Expedia Group

Expedia Group, Inc. is an online travel company that connects travelers with lodging, flights, rental cars, cruises, vacation packages and activities. Its consumer-facing brands include Expedia, Hotels.com and Vrbo, which specializes in vacation rentals. The company also provides travel technology and booking services to business partners. Founded in 1996 as a division of Microsoft, Expedia became an independent public company in 1999. It serves travelers and lodging partners in markets around the world through its websites and mobile apps.