Expedia Group, Inc. $EXPE Position Increased by Seizert Capital Partners LLC

Seizert Capital Partners LLC lifted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 10.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 277,574 shares of the online travel company’s stock after purchasing an additional 27,059 shares during the quarter. Expedia Group comprises about 2.6% of Seizert Capital Partners LLC’s holdings, making the stock its 10th biggest holding. Seizert Capital Partners LLC owned about 0.22% of Expedia Group worth $59,331,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Sage Mountain Advisors LLC purchased a new stake in shares of Expedia Group during the 3rd quarter worth $288,000. Jackson Thornton Wealth Management LLC raised its position in Expedia Group by 154.4% in the 3rd quarter. Jackson Thornton Wealth Management LLC now owns 3,439 shares of the online travel company’s stock valued at $730,000 after purchasing an additional 2,087 shares during the last quarter. Inscription Capital LLC boosted its stake in shares of Expedia Group by 136.2% during the third quarter. Inscription Capital LLC now owns 7,867 shares of the online travel company’s stock worth $1,682,000 after buying an additional 4,537 shares during the period. Root Financial Partners LLC purchased a new stake in Expedia Group during the 3rd quarter valued at approximately $47,000. Finally, QTR Family Wealth LLC raised its stake in shares of Expedia Group by 76.3% during the third quarter. QTR Family Wealth LLC now owns 2,941 shares of the online travel company’s stock worth $629,000 after purchasing an additional 1,273 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Insider Activity at Expedia Group

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the business’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $271.55, for a total transaction of $814,650.00. Following the completion of the transaction, the director directly owned 30,858 shares of the company’s stock, valued at $8,379,489.90. The trade was a 8.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Madhumita Moina Banerjee sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $258.00, for a total transaction of $258,000.00. Following the completion of the sale, the director owned 2,916 shares in the company, valued at $752,328. The trade was a 25.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 4,849 shares of company stock worth $1,283,270 in the last ninety days. 9.13% of the stock is owned by insiders.

Expedia Group Stock Performance

Shares of Expedia Group stock opened at $276.06 on Tuesday. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.74 and a current ratio of 0.74. The firm’s 50-day simple moving average is $274.61 and its 200-day simple moving average is $231.50. Expedia Group, Inc. has a 1 year low of $130.01 and a 1 year high of $303.80. The firm has a market cap of $33.83 billion, a PE ratio of 26.46, a price-to-earnings-growth ratio of 1.03 and a beta of 1.43.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.10 by $0.47. Expedia Group had a return on equity of 64.15% and a net margin of 9.66%.The business had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.28 billion. During the same period in the prior year, the company posted $6.13 EPS. The business’s revenue was up 8.7% compared to the same quarter last year. Equities analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts have weighed in on EXPE shares. Wells Fargo & Company lifted their price objective on Expedia Group from $272.00 to $329.00 and gave the company an “equal weight” rating in a report on Friday, January 9th. B. Riley increased their price target on shares of Expedia Group from $300.00 to $360.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Wedbush upped their price objective on shares of Expedia Group from $250.00 to $290.00 and gave the company a “neutral” rating in a research note on Friday, December 19th. Barclays lifted their price target on Expedia Group from $197.00 to $220.00 and gave the company an “equal weight” rating in a report on Friday, November 7th. Finally, DA Davidson reissued a “neutral” rating and set a $294.00 price objective on shares of Expedia Group in a research note on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and twenty-four have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $288.32.

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.