Expedia Group, Inc. $EXPE Shares Bought by Three Seasons Wealth LLC

Three Seasons Wealth LLC boosted its position in Expedia Group, Inc. (NASDAQ:EXPEFree Report) by 49.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,392 shares of the online travel company’s stock after buying an additional 3,447 shares during the period. Three Seasons Wealth LLC’s holdings in Expedia Group were worth $2,659,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Motiv8 Investments LLC acquired a new position in Expedia Group during the fourth quarter worth $25,000. Entrust Financial LLC purchased a new position in Expedia Group in the fourth quarter valued at about $26,000. First Bancorp Inc ME purchased a new position in Expedia Group in the second quarter valued at about $28,000. Sunbelt Securities Inc. lifted its position in shares of Expedia Group by 970.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock valued at $39,000 after acquiring an additional 165 shares during the period. Finally, DV Equities LLC acquired a new position in Expedia Group during the fourth quarter worth $46,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Price Performance

EXPE opened at $298.04 on Friday. The company has a fifty day simple moving average of $294.84 and a 200 day simple moving average of $253.83. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 2.21. The firm has a market cap of $35.77 billion, a price-to-earnings ratio of 18.58, a PEG ratio of 0.74 and a beta of 1.25. Expedia Group, Inc. has a twelve month low of $185.34 and a twelve month high of $342.00.

Expedia Group (NASDAQ:EXPEGet Free Report) last released its quarterly earnings results on Wednesday, August 5th. The online travel company reported $5.76 EPS for the quarter, topping the consensus estimate of $5.22 by $0.54. Expedia Group had a return on equity of 87.32% and a net margin of 12.97%.The business had revenue of $4.32 billion for the quarter, compared to analysts’ expectations of $4.17 billion. During the same quarter in the previous year, the firm posted $4.24 earnings per share. The company’s revenue was up 14.0% compared to the same quarter last year. Equities research analysts expect that Expedia Group, Inc. will post 17.15 EPS for the current fiscal year.

Expedia Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, August 27th will be given a $0.48 dividend. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $1.92 annualized dividend and a dividend yield of 0.6%. Expedia Group’s payout ratio is presently 11.97%.

Analyst Ratings Changes

EXPE has been the topic of several recent research reports. Piper Sandler reaffirmed a “neutral” rating and issued a $325.00 price target (up from $245.00) on shares of Expedia Group in a report on Thursday, August 6th. Wall Street Zen lowered Expedia Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Weiss Ratings raised shares of Expedia Group from a “hold (c)” rating to a “buy (b-)” rating in a research note on Friday, August 21st. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Expedia Group from $244.00 to $230.00 and set a “hold” rating on the stock in a report on Monday, May 18th. Finally, TD Cowen boosted their price objective on shares of Expedia Group from $285.00 to $320.00 and gave the company a “hold” rating in a research note on Friday, August 7th. Eighteen analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $318.71.

View Our Latest Analysis on Expedia Group

Insider Activity at Expedia Group

In other news, insider Robert J. Dzielak sold 1,004 shares of the firm’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $335.00, for a total value of $336,340.00. Following the transaction, the insider directly owned 104,331 shares in the company, valued at approximately $34,950,885. This trade represents a 0.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Lance A. Soliday sold 2,810 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $323.65, for a total transaction of $909,456.50. Following the completion of the transaction, the chief accounting officer directly owned 12,006 shares in the company, valued at $3,885,741.90. This represents a 18.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 11,950 shares of company stock valued at $3,881,995 over the last three months. 5.20% of the stock is owned by insiders.

Expedia Group Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

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