Krilogy Financial LLC Sells 3,825 Shares of Expedia Group, Inc. $EXPE

Krilogy Financial LLC trimmed its position in Expedia Group, Inc. (NASDAQ:EXPE) by 39.6% in the first quarter, Holdings Channel.com reports. The firm owned 5,841 shares of the online travel company’s stock after selling 3,825 shares during the period. Krilogy Financial LLC’s holdings in Expedia Group were worth $1,486,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Motiv8 Investments LLC bought a new stake in shares of Expedia Group during the fourth quarter worth approximately $25,000. Entrust Financial LLC acquired a new stake in Expedia Group during the 4th quarter worth $26,000. JFS Wealth Advisors LLC grew its holdings in Expedia Group by 78.6% during 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 period. Lodestone Wealth Management LLC bought a new stake in shares of Expedia Group during the 4th quarter valued at $29,000. Finally, Sunbelt Securities Inc. grew 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 worth $39,000 after buying an additional 165 shares during the period. Institutional investors own 90.76% of the company’s stock.

Insider Transactions at Expedia Group

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

Expedia Group Stock Up 7.0%

NASDAQ:EXPE opened at $262.15 on Thursday. Expedia Group, Inc. has a twelve month low of $164.47 and a twelve month high of $303.80. The firm has a market capitalization of $32.12 billion, a price-to-earnings ratio of 23.08, a price-to-earnings-growth ratio of 0.64 and a beta of 1.25. 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’s 50 day moving average price is $236.12 and its two-hundred day moving average price is $246.30.

Expedia Group (NASDAQ:EXPE) last released 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 return on equity of 84.33% and a net margin of 9.81%.The company had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $3.35 billion. During the same quarter in the prior year, the firm posted $0.40 EPS. The firm’s revenue for the quarter was up 14.7% compared to the same quarter last year. Equities research analysts expect that Expedia Group, Inc. will post 16.98 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th were paid a $0.48 dividend. The ex-dividend date 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%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on EXPE shares. Jefferies Financial Group raised Expedia Group from a “hold” rating to a “buy” rating and raised their price target for the stock from $240.00 to $300.00 in a research report on Monday, March 30th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $240.00 price objective on shares of Expedia Group in a research report on Monday, April 27th. Weiss Ratings downgraded Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Citic Securities cut their price objective on shares of Expedia Group from $337.00 to $320.00 and set a “buy” rating on the stock in a research report on Friday, May 15th. Finally, Robert W. Baird set a $290.00 target price on shares of Expedia Group in a research report on Friday, May 8th. Sixteen equities research analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Expedia Group currently has a consensus rating of “Hold” and an average price target of $284.42.

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.