Three Seasons Wealth LLC Purchases 6,002 Shares of Expedia Group, Inc. $EXPE

Three Seasons Wealth LLC lifted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 636.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,945 shares of the online travel company’s stock after purchasing an additional 6,002 shares during the quarter. Three Seasons Wealth LLC’s holdings in Expedia Group were worth $1,604,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of EXPE. Motiv8 Investments LLC acquired a new position in Expedia Group during the fourth quarter worth $25,000. Entrust Financial LLC acquired a new position in shares of Expedia Group during the fourth quarter valued at about $26,000. JFS Wealth Advisors LLC increased its position in shares of Expedia Group by 78.6% during the fourth 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 in the last quarter. Lodestone Wealth Management LLC bought a new stake in shares of Expedia Group during the fourth quarter worth about $29,000. Finally, Sunbelt Securities Inc. raised its holdings in shares of Expedia Group by 970.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock worth $39,000 after acquiring an additional 165 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Gordon Haskett dropped their target price on Expedia Group from $320.00 to $290.00 and set a “buy” rating on the stock in a report on Wednesday, May 13th. Cantor Fitzgerald reiterated a “neutral” rating and set a $240.00 price target on shares of Expedia Group in a report on Monday, April 27th. Zacks Research lowered Expedia Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Susquehanna raised their price objective on Expedia Group from $240.00 to $250.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Finally, Piper Sandler lifted their price objective on shares of Expedia Group from $225.00 to $245.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Sixteen research analysts have rated the stock with a Buy rating and twenty-three have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $286.58.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 4,702 shares of the firm’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $233.00, for a total value 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 trade represents a 4.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Lance A. Soliday sold 940 shares of the firm’s 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 in the company, valued at $3,124,454.38. This represents a 6.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 5.20% of the stock is currently owned by company insiders.

Expedia Group Price Performance

Expedia Group stock opened at $267.11 on Thursday. The business’s 50 day simple moving average is $239.13 and its 200 day simple moving average is $244.73. Expedia Group, Inc. has a 12 month low of $174.05 and a 12 month high of $303.80. The company has a market cap of $32.73 billion, a price-to-earnings ratio of 23.51, a PEG ratio of 0.70 and a beta of 1.23. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.43.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, topping 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 firm 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. The company’s revenue was up 14.7% on a year-over-year basis. Sell-side analysts forecast that Expedia Group, Inc. will post 16.98 EPS for the current year.

Expedia Group Dividend Announcement

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

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.