Maytus Capital Management LLC Invests $5.10 Million in Expedia Group, Inc. $EXPE

Maytus Capital Management LLC acquired a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 18,000 shares of the online travel company’s stock, valued at approximately $5,100,000.

Other large investors have also modified their holdings of the company. Motiv8 Investments LLC purchased a new position in shares of Expedia Group during the 4th quarter worth about $25,000. Entrust Financial LLC purchased a new position in shares of Expedia Group during the 4th quarter worth about $26,000. JFS Wealth Advisors LLC lifted its holdings in shares of Expedia Group by 78.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after acquiring an additional 44 shares during the period. Lodestone Wealth Management LLC purchased a new position in shares of Expedia Group during the 4th quarter worth about $29,000. Finally, Rossby Financial LCC lifted its holdings in shares of Expedia Group by 103.8% during the 3rd quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock worth $35,000 after acquiring an additional 82 shares during the period. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 4,702 shares of the 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 completion of the sale, the insider owned 105,448 shares of the company’s stock, valued at $24,569,384. This trade represents a 4.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Lance A. Soliday sold 940 shares of the stock in a transaction that occurred on 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 directly owned 14,083 shares of the company’s stock, valued at $3,124,454.38. This trade represents a 6.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 5.20% of the stock is owned by company insiders.

Expedia Group Stock Up 2.8%

Shares of NASDAQ:EXPE opened at $243.56 on Wednesday. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43. Expedia Group, Inc. has a 52-week low of $160.00 and a 52-week high of $303.80. The company has a 50 day moving average of $234.57 and a two-hundred day moving average of $246.93. The company has a market capitalization of $29.85 billion, a price-to-earnings ratio of 21.44, a price-to-earnings-growth ratio of 0.62 and a beta of 1.25.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The company had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $3.35 billion. During the same quarter last year, the company earned $0.40 earnings per share. Expedia Group’s revenue for the quarter was up 14.7% on a year-over-year basis. As a group, analysts forecast that Expedia Group, Inc. will post 17.07 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th will be given a $0.48 dividend. The ex-dividend date of this dividend is Thursday, May 28th. This represents a $1.92 annualized dividend and a yield of 0.8%. Expedia Group’s dividend payout ratio (DPR) is 16.90%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on EXPE shares. Barclays increased their price objective on shares of Expedia Group from $260.00 to $264.00 and gave the stock an “equal weight” rating in a report on Monday, May 11th. Citic Securities dropped their target price on shares of Expedia Group from $337.00 to $320.00 and set a “buy” rating for the company in a research report on Friday, May 15th. Jefferies Financial Group raised shares of Expedia Group from a “hold” rating to a “buy” rating and increased their target price for the stock from $240.00 to $300.00 in a research report on Monday, March 30th. Wall Street Zen raised shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 10th. Finally, Weiss Ratings downgraded shares of Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Sixteen investment analysts have rated the stock with a Buy rating and twenty-three have given a Hold rating to the company. Based on data from MarketBeat.com, Expedia Group has an average rating of “Hold” and an average target price of $284.42.

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.