Lecap Asset Management Ltd. Boosts Holdings in Expedia Group, Inc. $EXPE

Lecap Asset Management Ltd. increased its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 34.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,414 shares of the online travel company’s stock after acquiring an additional 878 shares during the quarter. Lecap Asset Management Ltd.’s holdings in Expedia Group were worth $576,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. McClarren Financial Advisors Inc. purchased a new stake in shares of Expedia Group in the 1st quarter valued at about $28,000. Atlas Capital Advisors Inc. acquired a new position in Expedia Group during the first quarter worth approximately $28,000. Park Square Financial Group LLC purchased a new stake in Expedia Group in the first quarter valued at approximately $34,000. Zions Bancorporation National Association UT acquired a new stake in shares of Expedia Group in the first quarter valued at approximately $36,000. Finally, First Pacific Financial grew its position in shares of Expedia Group by 60.0% during the second quarter. First Pacific Financial now owns 240 shares of the online travel company’s stock worth $40,000 after acquiring an additional 90 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on EXPE. Sanford C. Bernstein set a $210.00 price target on shares of Expedia Group in a research report on Monday, August 11th. Bank of America increased their target price on shares of Expedia Group from $211.00 to $240.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. UBS Group upped their price objective on Expedia Group from $182.00 to $209.00 and gave the company a “neutral” rating in a research note on Friday, August 8th. Truist Financial lowered their target price on Expedia Group from $175.00 to $168.00 and set a “hold” rating on the stock in a research note on Tuesday, June 24th. Finally, Wedbush upped their price target on Expedia Group from $175.00 to $220.00 and gave the stock a “neutral” rating in a research note on Friday, August 8th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $208.96.

Insider Transactions at Expedia Group

In other news, insider Robert J. Dzielak sold 3,306 shares of the company’s stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $200.84, for a total value of $663,977.04. Following the sale, the insider directly owned 77,075 shares in the company, valued at $15,479,743. This represents a 4.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Lance A. Soliday sold 852 shares of the stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total value of $175,409.76. Following the sale, the chief accounting officer directly owned 12,036 shares in the company, valued at approximately $2,477,971.68. The trade was a 6.61% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 9,816 shares of company stock valued at $2,009,132 over the last three months. 9.13% of the stock is currently owned by insiders.

Expedia Group Trading Down 0.1%

Shares of EXPE stock opened at $217.69 on Friday. The stock has a market cap of $26.93 billion, a P/E ratio of 26.68, a P/E/G ratio of 1.14 and a beta of 1.56. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $229.00. The business has a fifty day simple moving average of $208.36 and a 200-day simple moving average of $180.87.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.13 by $0.11. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The company had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.70 billion. During the same quarter in the prior year, the firm earned $3.51 earnings per share. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, August 28th. This represents a $1.60 annualized dividend and a yield of 0.7%. Expedia Group’s dividend payout ratio (DPR) is presently 19.61%.

Expedia Group Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.