Expedia Group, Inc. $EXPE Shares Sold by MGO One Seven LLC

MGO One Seven LLC reduced its holdings in Expedia Group, Inc. (NASDAQ:EXPEFree Report) by 36.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,194 shares of the online travel company’s stock after selling 3,542 shares during the quarter. MGO One Seven LLC’s holdings in Expedia Group were worth $1,755,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. JFS Wealth Advisors LLC increased its position in Expedia Group by 78.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock valued at $28,000 after acquiring an additional 44 shares during the period. Lodestone Wealth Management LLC acquired a new stake in Expedia Group in the 4th quarter valued at approximately $29,000. Grey Fox Wealth Advisors LLC acquired a new stake in Expedia Group in the 3rd quarter valued at approximately $30,000. Rossby Financial LCC increased its position in shares of Expedia Group by 103.8% during the 3rd quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock valued at $35,000 after purchasing an additional 82 shares during the period. Finally, Sunbelt Securities Inc. increased its position in shares of Expedia Group by 970.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock valued at $39,000 after purchasing an additional 165 shares during the period. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Expedia Group Stock Performance

Shares of NASDAQ EXPE opened at $221.46 on Tuesday. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43. The stock has a market capitalization of $27.14 billion, a price-to-earnings ratio of 19.49, a PEG ratio of 0.70 and a beta of 1.30. The stock’s fifty day simple moving average is $238.65 and its 200 day simple moving average is $249.64. Expedia Group, Inc. has a 52-week low of $156.05 and a 52-week high of $303.80.

Expedia Group (NASDAQ:EXPEGet Free Report) last issued its earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.55. The business had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $3.35 billion. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The company’s quarterly revenue was up 14.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.40 EPS. As a group, sell-side analysts forecast that Expedia Group, Inc. will post 16.64 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, May 28th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Thursday, May 28th. Expedia Group’s payout ratio is presently 16.90%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on EXPE. Zacks Research cut Expedia Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Wedbush reiterated a “neutral” rating and set a $260.00 price target on shares of Expedia Group in a research report on Tuesday, February 17th. Sanford C. Bernstein lowered their price target on Expedia Group from $256.00 to $253.00 and set a “market perform” rating on the stock in a research report on Wednesday, March 11th. Bank of America lifted their price target on Expedia Group from $303.00 to $306.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Finally, Weiss Ratings cut Expedia Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, February 17th. Fourteen analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the company. Based on data from MarketBeat, Expedia Group has an average rating of “Hold” and a consensus target price of $283.87.

Check Out Our Latest Stock Analysis on EXPE

Key Stories Impacting Expedia Group

Here are the key news stories impacting Expedia Group this week:

Insider Activity

In related news, insider Robert J. Dzielak sold 8,225 shares of Expedia Group stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $220.82, for a total value of $1,816,244.50. Following the transaction, the insider directly owned 102,480 shares in the company, valued at $22,629,633.60. The trade was a 7.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 9.81% of the stock is owned by insiders.

Expedia Group Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

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