Expedia Group, Inc. $EXPE Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC boosted its position in Expedia Group, Inc. (NASDAQ:EXPE) by 95.2% during the 1st quarter, HoldingsChannel reports. The firm owned 321,252 shares of the online travel company’s stock after buying an additional 156,646 shares during the quarter. SG Americas Securities LLC’s holdings in Expedia Group were worth $74,174,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EXPE. Brighton Jones LLC bought a new stake in shares of Expedia Group during the fourth quarter valued at approximately $408,000. NewEdge Advisors LLC grew its holdings in Expedia Group by 5.0% in the 1st quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock worth $917,000 after buying an additional 259 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in Expedia Group in the 2nd quarter valued at approximately $596,000. Daiwa Securities Group Inc. increased its position in Expedia Group by 6.5% in the 2nd quarter. Daiwa Securities Group Inc. now owns 21,265 shares of the online travel company’s stock valued at $3,587,000 after acquiring an additional 1,290 shares during the period. Finally, AXA S.A. raised its stake in Expedia Group by 5.9% during the 2nd quarter. AXA S.A. now owns 11,042 shares of the online travel company’s stock valued at $1,863,000 after acquiring an additional 615 shares in the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on EXPE. Wells Fargo & Company decreased their price target on Expedia Group from $310.00 to $307.00 and set an “equal weight” rating for the company in a research note on Friday, May 8th. Cantor Fitzgerald restated a “neutral” rating and set a $240.00 price objective on shares of Expedia Group in a research note on Monday, April 27th. Jefferies Financial Group raised shares of Expedia Group from a “hold” rating to a “buy” rating and upped their price objective for the stock from $240.00 to $300.00 in a report on Monday, March 30th. Morgan Stanley increased their target price on shares of Expedia Group from $270.00 to $290.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 28th. Finally, Barclays raised their target price on shares of Expedia Group from $260.00 to $264.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. Sixteen equities research analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $284.42.

Expedia Group Stock Down 1.2%

EXPE opened at $238.02 on Tuesday. Expedia Group, Inc. has a one year low of $160.00 and a one year high of $303.80. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current ratio of 0.73. The stock’s fifty day moving average is $235.34 and its 200-day moving average is $246.40. The company has a market capitalization of $29.17 billion, a PE ratio of 20.95, a P/E/G ratio of 0.63 and a beta of 1.25.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.55. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The business had revenue of $3.43 billion during the quarter, compared to analyst estimates of $3.35 billion. During the same quarter in the prior year, the firm posted $0.40 earnings per share. The company’s revenue was up 14.7% on a year-over-year basis. On average, equities analysts predict that Expedia Group, Inc. will post 17.07 EPS for the current fiscal year.

Expedia Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th were issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, May 28th. Expedia Group’s dividend payout ratio is presently 16.90%.

Insider Transactions at Expedia Group

In other news, insider Robert J. Dzielak sold 4,702 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the completion of the transaction, the insider owned 105,448 shares in the company, valued at approximately $24,569,384. This trade represents a 4.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Lance A. Soliday sold 940 shares of Expedia Group stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $221.86, for a total transaction of $208,548.40. Following the completion of the transaction, the chief accounting officer directly owned 14,083 shares in the company, valued at $3,124,454.38. This represents a 6.26% decrease in their position. The SEC filing for this sale provides additional information. 5.20% of the stock is currently owned by corporate insiders.

Expedia Group 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.