NEOS Investment Management LLC Has $2.76 Million Stock Position in Expedia Group, Inc. $EXPE

NEOS Investment Management LLC increased its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 45.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,927 shares of the online travel company’s stock after purchasing an additional 4,048 shares during the period. NEOS Investment Management LLC’s holdings in Expedia Group were worth $2,763,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of EXPE. Spire Wealth Management grew its stake in Expedia Group by 114.3% during the second quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock worth $25,000 after buying an additional 80 shares in the last quarter. Grey Fox Wealth Advisors LLC acquired a new position in shares of Expedia Group in the 3rd quarter valued at approximately $30,000. SOA Wealth Advisors LLC. bought a new stake in shares of Expedia Group during the 3rd quarter worth approximately $36,000. Armstrong Advisory Group Inc. boosted its position in shares of Expedia Group by 212.7% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 172 shares of the online travel company’s stock worth $37,000 after acquiring an additional 117 shares in the last quarter. Finally, Westside Investment Management Inc. boosted its position in shares of Expedia Group by 43.2% during the 3rd quarter. Westside Investment Management Inc. now owns 189 shares of the online travel company’s stock worth $41,000 after acquiring an additional 57 shares in the last quarter. Institutional investors own 90.76% of the company’s stock.

Insider Buying and Selling

In other Expedia Group news, Director Madhumita Moina Banerjee sold 1,000 shares of the company’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $258.00, for a total value of $258,000.00. Following the sale, the director owned 2,916 shares in the company, valued at approximately $752,328. The trade was a 25.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 9.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Wedbush restated a “neutral” rating and set a $260.00 price objective on shares of Expedia Group in a research report on Tuesday. Sanford C. Bernstein lifted their price target on Expedia Group from $210.00 to $256.00 and gave the company a “market perform” rating in a research note on Tuesday, January 6th. Morgan Stanley upped their price objective on Expedia Group from $180.00 to $270.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 13th. Bank of America raised their price objective on Expedia Group from $303.00 to $306.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Finally, Argus lowered their target price on Expedia Group from $345.00 to $250.00 and set a “buy” rating for the company in a research note on Tuesday. Twelve analysts have rated the stock with a Buy rating and twenty-three have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $284.35.

Expedia Group Price Performance

Expedia Group stock opened at $199.76 on Friday. The stock has a 50-day moving average price of $268.11 and a two-hundred day moving average price of $240.67. The company has a current ratio of 0.73, a quick ratio of 0.74 and a debt-to-equity ratio of 1.75. Expedia Group, Inc. has a 12 month low of $130.01 and a 12 month high of $303.80. The company has a market capitalization of $24.48 billion, a PE ratio of 20.28, a P/E/G ratio of 0.64 and a beta of 1.41.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, February 12th. The online travel company reported $3.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.32 by $0.46. The firm had revenue of $3.55 billion during the quarter, compared to analysts’ expectations of $3.41 billion. Expedia Group had a net margin of 8.78% and a return on equity of 72.23%. The company’s revenue was up 11.4% on a year-over-year basis. During the same period in the prior year, the company posted $2.39 EPS. Analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $1.92 annualized dividend and a yield of 1.0%. This is an increase from Expedia Group’s previous quarterly dividend of $0.40. Expedia Group’s dividend payout ratio is 16.24%.

Expedia Group Company 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.