Expedia Group, Inc. $EXPE Shares Sold by Swedbank AB

Swedbank AB decreased its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 2.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 176,128 shares of the online travel company’s stock after selling 3,833 shares during the quarter. Swedbank AB owned about 0.14% of Expedia Group worth $37,647,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Spire Wealth Management raised its holdings in shares of Expedia Group by 114.3% in 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 during the last quarter. GFG Capital LLC acquired a new position in shares of Expedia Group in the 2nd quarter valued at $29,000. Trust Co. of Toledo NA OH acquired a new position in shares of Expedia Group in the 2nd quarter valued at $31,000. Armstrong Advisory Group Inc. raised its stake in Expedia Group by 212.7% in 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 during the last quarter. Finally, First Pacific Financial lifted its position in Expedia Group by 60.0% during the 2nd 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 period. 90.76% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Expedia Group

In other news, CAO Lance A. Soliday sold 849 shares of Expedia Group stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $248.08, for a total value of $210,619.92. Following the sale, the chief accounting officer directly owned 11,662 shares of the company’s stock, valued at $2,893,108.96. The trade was a 6.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Craig A. Jacobson sold 3,000 shares of the stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $271.55, for a total value of $814,650.00. Following the completion of the transaction, the director directly owned 30,858 shares of the company’s stock, valued at approximately $8,379,489.90. This represents a 8.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 4,849 shares of company stock valued at $1,283,270 over the last ninety days. Insiders own 9.13% of the company’s stock.

Analyst Upgrades and Downgrades

EXPE has been the subject of several research analyst reports. Cantor Fitzgerald raised their price objective on Expedia Group from $220.00 to $285.00 and gave the stock a “neutral” rating in a research note on Friday, November 7th. Argus raised their price target on shares of Expedia Group from $265.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, November 10th. BMO Capital Markets lifted their price objective on shares of Expedia Group from $205.00 to $250.00 in a research note on Friday, November 7th. Barclays increased their price objective on shares of Expedia Group from $197.00 to $220.00 and gave the stock an “equal weight” rating in a research note on Friday, November 7th. Finally, BNP Paribas started coverage on shares of Expedia Group in a research report on Monday, November 24th. They set a “hold” rating for the company. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and twenty-four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $270.66.

Expedia Group Stock Down 0.7%

Expedia Group stock opened at $286.31 on Friday. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.74 and a quick ratio of 0.74. The stock has a market capitalization of $35.08 billion, a PE ratio of 27.40, a price-to-earnings-growth ratio of 1.29 and a beta of 1.44. The business has a 50 day simple moving average of $252.18 and a 200-day simple moving average of $216.27. Expedia Group, Inc. has a 12 month low of $130.01 and a 12 month high of $292.42.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, topping analysts’ consensus estimates of $7.10 by $0.47. The business had revenue of $4.41 billion during the quarter, compared to analysts’ expectations of $4.28 billion. Expedia Group had a net margin of 9.66% and a return on equity of 64.15%. The company’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $6.13 earnings per share. On average, analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Stockholders of record on Wednesday, November 19th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Wednesday, November 19th. Expedia Group’s dividend payout ratio (DPR) is 15.31%.

About Expedia Group

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.