Paradigm Asset Management Co. LLC Invests $877,000 in Expedia Group, Inc. $EXPE

Paradigm Asset Management Co. LLC purchased a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 5,200 shares of the online travel company’s stock, valued at approximately $877,000.

Other institutional investors have also added to or reduced their stakes in the company. OMNI 360 Wealth Inc. acquired a new stake in Expedia Group during the 2nd quarter worth approximately $325,000. Korea Investment CORP increased its position in Expedia Group by 55.1% in the 1st quarter. Korea Investment CORP now owns 177,934 shares of the online travel company’s stock valued at $29,911,000 after acquiring an additional 63,244 shares during the period. Los Angeles Capital Management LLC raised its stake in shares of Expedia Group by 3,369.4% during the first quarter. Los Angeles Capital Management LLC now owns 1,029,117 shares of the online travel company’s stock valued at $172,995,000 after acquiring an additional 999,454 shares during the last quarter. Plato Investment Management Ltd acquired a new position in shares of Expedia Group during the first quarter worth $1,648,000. Finally, Malaga Cove Capital LLC bought a new stake in shares of Expedia Group in the first quarter worth $574,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Craig A. Jacobson sold 3,000 shares of the business’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total value of $623,340.00. Following the completion of the sale, the director directly owned 33,858 shares of the company’s stock, valued at $7,035,015.24. The trade was a 8.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Robert J. Dzielak sold 2,658 shares of the company’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total value of $546,405.06. Following the transaction, the insider directly owned 74,417 shares in the company, valued at approximately $15,297,902.69. This trade represents a 3.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 9,816 shares of company stock worth $2,009,132 in the last three months. Company insiders own 9.13% of the company’s stock.

Expedia Group Price Performance

Expedia Group stock opened at $258.25 on Friday. The stock has a market capitalization of $31.95 billion, a price-to-earnings ratio of 31.65, a PEG ratio of 1.15 and a beta of 1.58. Expedia Group, Inc. has a 52-week low of $130.01 and a 52-week high of $264.20. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. The stock’s 50 day moving average price is $219.50 and its two-hundred day moving average price is $192.33.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.10 by $0.47. The company had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.28 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. Expedia Group’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $6.13 EPS. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities analysts predict that Expedia Group, Inc. will post 12.28 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, December 11th. Stockholders of record on Wednesday, November 19th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Wednesday, November 19th. Expedia Group’s dividend payout ratio is 15.31%.

Analyst Upgrades and Downgrades

EXPE has been the topic of several recent research reports. Cowen reaffirmed a “hold” rating on shares of Expedia Group in a report on Friday, August 8th. Deutsche Bank Aktiengesellschaft raised their price objective on Expedia Group from $185.00 to $235.00 and gave the stock a “hold” rating in a research report on Friday. Weiss Ratings reiterated a “hold (c)” rating on shares of Expedia Group in a report on Wednesday, October 8th. JPMorgan Chase & Co. raised their price target on shares of Expedia Group from $225.00 to $260.00 and gave the stock a “neutral” rating in a report on Friday. Finally, BMO Capital Markets upped their price objective on shares of Expedia Group from $205.00 to $250.00 in a research note on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and twenty-three have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $253.00.

Expedia Group Company 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.