Stock Yards Bank & Trust Co. Purchases 2,729 Shares of Expedia Group, Inc. $EXPE

Stock Yards Bank & Trust Co. grew its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 1.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 180,324 shares of the online travel company’s stock after purchasing an additional 2,729 shares during the period. Expedia Group comprises about 1.3% of Stock Yards Bank & Trust Co.’s investment portfolio, making the stock its 21st biggest holding. Stock Yards Bank & Trust Co. owned 0.15% of Expedia Group worth $41,635,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Motiv8 Investments LLC bought a new stake in shares of Expedia Group during the 4th quarter valued at about $25,000. Entrust Financial LLC bought a new position in shares of Expedia Group in the 4th quarter worth approximately $26,000. JFS Wealth Advisors LLC boosted its holdings in shares of Expedia Group by 78.6% in the fourth quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after buying an additional 44 shares during the last quarter. Lodestone Wealth Management LLC purchased a new position in shares of Expedia Group in the fourth quarter worth approximately $29,000. Finally, Sunbelt Securities Inc. grew its position in Expedia Group by 970.6% during the third quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock valued at $39,000 after buying an additional 165 shares during the period. 90.76% of the stock is currently owned by institutional investors.

Insider Transactions at Expedia Group

In related news, insider Robert J. Dzielak sold 4,702 shares of the stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the completion of the sale, the insider owned 105,448 shares in the company, valued at approximately $24,569,384. This trade represents a 4.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Lance A. Soliday sold 940 shares of Expedia Group stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total value of $208,548.40. Following the sale, the chief accounting officer directly owned 14,083 shares in the company, valued at $3,124,454.38. This trade represents a 6.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 5.20% of the stock is owned by company insiders.

Expedia Group Stock Performance

EXPE opened at $264.54 on Thursday. The firm has a market cap of $32.42 billion, a P/E ratio of 23.29, a PEG ratio of 0.67 and a beta of 1.23. Expedia Group, Inc. has a 1-year low of $169.23 and a 1-year high of $303.80. The company has a 50 day simple moving average of $236.13 and a two-hundred day simple moving average of $245.99. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.73 and a quick ratio of 0.73.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, beating the consensus estimate of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The firm had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $3.35 billion. During the same period last year, the firm earned $0.40 EPS. The company’s revenue was up 14.7% on a year-over-year basis. Equities analysts forecast that Expedia Group, Inc. will post 16.98 earnings per share 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 dividend of $0.48 per share. The ex-dividend date of this dividend was Thursday, May 28th. This represents a $1.92 dividend on an annualized basis and a yield of 0.7%. Expedia Group’s dividend payout ratio (DPR) is currently 16.90%.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Citigroup reaffirmed a “neutral” rating on shares of Expedia Group in a report on Monday, May 18th. Susquehanna lifted their price target on shares of Expedia Group from $240.00 to $250.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Morgan Stanley boosted their price objective 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. DA Davidson reduced their price objective on Expedia Group from $260.00 to $250.00 and set a “neutral” rating for the company in a research note on Friday, May 15th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $330.00 target price on shares of Expedia Group in a report on Tuesday, June 9th. Sixteen equities research analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $284.30.

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.