Blue Capital Inc. Takes Position in Expedia Group, Inc. $EXPE

Blue Capital Inc. purchased a new position in Expedia Group, Inc. (NASDAQ:EXPE) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 2,929 shares of the online travel company’s stock, valued at approximately $676,000.

Several other large investors also recently modified their holdings of EXPE. Brighton Jones LLC purchased a new position in Expedia Group in the fourth quarter worth about $408,000. NewEdge Advisors LLC grew its stake in shares of Expedia Group by 5.0% during 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 purchased a new stake in shares of Expedia Group during the 2nd quarter valued at about $596,000. Daiwa Securities Group Inc. increased its position in shares of Expedia Group by 6.5% during the 2nd quarter. Daiwa Securities Group Inc. now owns 21,265 shares of the online travel company’s stock valued at $3,587,000 after purchasing an additional 1,290 shares during the last quarter. Finally, AXA S.A. lifted its stake 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 purchasing an additional 615 shares during the period. Institutional investors own 90.76% of the company’s stock.

Insiders Place Their Bets

In other Expedia Group news, insider Robert J. Dzielak sold 4,702 shares of Expedia Group stock in a transaction 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 sale, the insider directly owned 105,448 shares in the company, valued at approximately $24,569,384. The trade was a 4.27% decrease in their position. The sale was disclosed in a legal filing 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 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 approximately $3,124,454.38. The trade was a 6.26% decrease in their position. The SEC filing for this sale provides additional information. 5.20% of the stock is currently owned by corporate insiders.

Expedia Group Price Performance

NASDAQ:EXPE opened at $268.69 on Friday. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43. The business’s 50-day simple moving average is $236.03 and its two-hundred day simple moving average is $245.95. The stock has a market cap of $32.93 billion, a PE ratio of 23.65, a P/E/G ratio of 0.70 and a beta of 1.23. Expedia Group, Inc. has a 52 week low of $171.27 and a 52 week high of $303.80.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, topping 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 company had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $3.35 billion. During the same period in the previous year, the firm earned $0.40 EPS. The firm’s revenue was up 14.7% compared to the same quarter last year. As a group, analysts forecast that Expedia Group, Inc. will post 16.98 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors 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 dividend on an annualized basis and a dividend yield of 0.7%. Expedia Group’s dividend payout ratio is currently 16.90%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. UBS Group cut their target price on shares of Expedia Group from $266.00 to $262.00 and set a “neutral” rating for the company in a research report on Friday, May 8th. Dbs Bank upgraded shares of Expedia Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, May 11th. Piper Sandler boosted their price objective on shares of Expedia Group from $225.00 to $245.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Truist Financial reduced their price objective on Expedia Group from $252.00 to $246.00 and set a “hold” rating for the company in a research note on Monday, April 6th. Finally, Susquehanna raised their target price on Expedia Group from $240.00 to $250.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Sixteen analysts have rated the stock with a Buy rating and twenty-three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $284.30.

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.