2,073 Shares in Expedia Group, Inc. $EXPE Acquired by Independent Financial Group LLC

Independent Financial Group LLC bought a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the 1st quarter, HoldingsChannel reports. The firm bought 2,073 shares of the online travel company’s stock, valued at approximately $479,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Motiv8 Investments LLC acquired a new stake in shares of Expedia Group during the 4th quarter valued at $25,000. Entrust Financial LLC bought a new stake in shares of Expedia Group during the 4th quarter worth $26,000. JFS Wealth Advisors LLC grew its holdings in shares of Expedia Group by 78.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after acquiring an additional 44 shares during the last quarter. Lodestone Wealth Management LLC acquired a new position in shares of Expedia Group in the 4th quarter worth $29,000. Finally, Sunbelt Securities Inc. raised its position in shares of Expedia Group by 970.6% during the third quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock worth $39,000 after purchasing an additional 165 shares during the period. 90.76% of the stock is currently owned by institutional investors.

Expedia Group Stock Down 1.3%

Shares of Expedia Group stock opened at $257.61 on Friday. Expedia Group, Inc. has a 1 year low of $174.05 and a 1 year high of $303.80. The company has a market cap of $31.57 billion, a P/E ratio of 22.68, a P/E/G ratio of 0.69 and a beta of 1.23. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.43. The stock has a 50-day moving average price of $243.69 and a 200 day moving average price of $243.88.

Expedia Group (NASDAQ:EXPE) last released its earnings results 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. The company 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 business’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.40 EPS. As a group, analysts expect that Expedia Group, Inc. will post 16.98 EPS for the current fiscal year.

Expedia Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, May 28th were given 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 payout ratio is presently 16.90%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on EXPE. TD Cowen upped their target price on Expedia Group from $260.00 to $285.00 and gave the company a “hold” rating in a report on Wednesday, April 22nd. Wedbush started coverage on Expedia Group in a report on Thursday, July 16th. They set an “outperform” rating and a $334.00 price objective on the stock. Jefferies Financial Group upped their price objective on shares of Expedia Group from $300.00 to $310.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Citigroup reaffirmed a “neutral” rating on shares of Expedia Group in a research note on Monday, May 18th. Finally, Wall Street Zen upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Sunday, May 10th. Seventeen research analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the company’s stock. According to MarketBeat, Expedia Group has an average rating of “Hold” and an average price target of $288.64.

Insider Activity at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 940 shares of the 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 completion of the sale, the chief accounting officer owned 14,083 shares in the company, valued at $3,124,454.38. This represents a 6.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 4,702 shares of Expedia Group stock in a transaction on 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 sale, the insider directly owned 105,448 shares of the company’s stock, valued at $24,569,384. This trade represents a 4.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 5.20% of the stock is currently owned by corporate insiders.

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.