Expedia Group, Inc. $EXPE Shares Sold by National Pension Service

National Pension Service cut its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 1.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 245,923 shares of the online travel company’s stock after selling 2,405 shares during the period. National Pension Service’s holdings in Expedia Group were worth $69,672,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Windacre Partnership LLC raised its holdings in Expedia Group by 9.2% in the third quarter. Windacre Partnership LLC now owns 3,682,100 shares of the online travel company’s stock valued at $787,049,000 after acquiring an additional 309,900 shares in the last quarter. AQR Capital Management LLC raised its holdings in Expedia Group by 25.0% in the third quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company’s stock valued at $779,275,000 after acquiring an additional 728,063 shares in the last quarter. Invesco Ltd. raised its holdings in Expedia Group by 8.0% in the third quarter. Invesco Ltd. now owns 3,122,842 shares of the online travel company’s stock valued at $667,507,000 after acquiring an additional 230,176 shares in the last quarter. Wellington Management Group LLP raised its holdings in Expedia Group by 24,899.5% in the third quarter. Wellington Management Group LLP now owns 1,808,466 shares of the online travel company’s stock valued at $386,560,000 after acquiring an additional 1,801,232 shares in the last quarter. Finally, Legal & General Group Plc raised its holdings in Expedia Group by 3.1% in the third quarter. Legal & General Group Plc now owns 952,038 shares of the online travel company’s stock valued at $203,498,000 after acquiring an additional 28,412 shares in the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Trading Down 0.8%

Expedia Group stock opened at $225.79 on Friday. The firm’s 50-day moving average is $235.30 and its 200-day moving average is $249.18. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group, Inc. has a 1 year low of $160.00 and a 1 year high of $303.80. The company has a market cap of $27.67 billion, a P/E ratio of 19.88, a PEG ratio of 0.69 and a beta of 1.30.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The business had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $3.35 billion. During the same quarter last year, the company earned $0.40 EPS. The company’s revenue for the quarter was up 14.7% compared to the same quarter last year. On average, equities analysts expect that Expedia Group, Inc. will post 17.07 earnings per share for the current year.

Expedia Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, May 28th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, May 28th. Expedia Group’s dividend payout ratio (DPR) is 16.90%.

Insider Transactions at Expedia Group

In related news, insider Robert J. Dzielak sold 8,225 shares of the stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $220.82, for a total value of $1,816,244.50. Following the sale, the insider owned 102,480 shares of the company’s stock, valued at $22,629,633.60. This trade represents a 7.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Lance A. Soliday sold 940 shares of the stock in a transaction dated 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 directly owned 14,083 shares in the company, valued at approximately $3,124,454.38. This trade represents a 6.26% decrease in their position. The SEC filing for this sale provides additional information. 5.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on EXPE. Morgan Stanley upped their price target on shares of Expedia Group from $270.00 to $290.00 and gave the company an “equal weight” rating in a report on Tuesday, April 28th. Wedbush restated a “neutral” rating and issued a $260.00 price target on shares of Expedia Group in a research report on Tuesday, February 17th. Susquehanna raised their price target on shares of Expedia Group from $240.00 to $250.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. B. Riley Financial reduced their price target on shares of Expedia Group from $360.00 to $350.00 and set a “buy” rating on the stock in a research report on Monday, April 27th. 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 equities research analysts have rated the stock with a Buy rating and twenty-three have given a Hold rating to the company. According to data from MarketBeat, Expedia Group presently has an average rating of “Hold” and a consensus 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.