Ghe LLC Acquires New Shares in Expedia Group, Inc. $EXPE

Ghe LLC acquired a new stake in Expedia Group, Inc. (NASDAQ:EXPE) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 5,838 shares of the online travel company’s stock, valued at approximately $1,654,000.

Several other institutional investors and hedge funds have also modified their holdings of EXPE. Brighton Jones LLC acquired a new stake in shares of Expedia Group in the 4th quarter valued at $408,000. NewEdge Advisors LLC lifted its stake in shares of Expedia Group by 5.0% in 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 last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Expedia Group in the 2nd quarter valued at $596,000. Daiwa Securities Group Inc. lifted its stake in shares of Expedia Group by 6.5% in 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 valued at $1,863,000 after purchasing an additional 615 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Activity

In other news, insider Robert J. Dzielak sold 8,225 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $220.82, for a total transaction of $1,816,244.50. Following the transaction, the insider owned 102,480 shares in the company, valued at approximately $22,629,633.60. The trade was a 7.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 5.20% of the company’s stock.

Expedia Group Stock Performance

Shares of EXPE opened at $222.97 on Wednesday. The company has a market capitalization of $27.32 billion, a PE ratio of 19.63, a price-to-earnings-growth ratio of 0.67 and a beta of 1.30. Expedia Group, Inc. has a one year low of $160.00 and a one year high of $303.80. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.73 and a quick ratio of 0.73. The company’s fifty day moving average price is $235.96 and its 200 day moving average price is $249.51.

Expedia Group (NASDAQ:EXPE) last announced its earnings results on Thursday, May 7th. The online travel company reported $1.96 EPS 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 for the quarter, compared to the consensus estimate of $3.35 billion. During the same quarter last year, the firm posted $0.40 EPS. The business’s quarterly revenue was up 14.7% on a year-over-year basis. As a group, analysts expect that Expedia Group, Inc. will post 16.64 earnings per share for the current year.

Expedia Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, May 28th will be issued a dividend of $0.48 per share. The ex-dividend date is Thursday, May 28th. This represents a $1.92 annualized dividend and a dividend yield of 0.9%. Expedia Group’s payout ratio is presently 16.90%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on EXPE shares. Susquehanna lifted their price objective on shares of Expedia Group from $240.00 to $250.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Benchmark reduced their price objective on shares of Expedia Group from $310.00 to $290.00 and set a “buy” rating for the company in a research note on Friday, February 13th. BMO Capital Markets lifted their price objective on shares of Expedia Group from $250.00 to $255.00 and gave the company a “market perform” rating in a research note on Friday, February 13th. BTIG Research reaffirmed a “buy” rating and issued a $330.00 price objective on shares of Expedia Group in a research note on Monday, May 18th. Finally, Citizens Jmp reiterated a “market perform” rating on shares of Expedia Group in a report on Tuesday, February 17th. Sixteen research analysts have rated the stock with a Buy rating and twenty-three have issued a Hold rating to the stock. According to data from MarketBeat, the company currently 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.