Oslo Pensjonsforsikring AS Makes New $475,000 Investment in Expedia Group, Inc. $EXPE

Oslo Pensjonsforsikring AS bought a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,058 shares of the online travel company’s stock, valued at approximately $475,000.

A number of other large investors also recently modified their holdings of EXPE. Motiv8 Investments LLC bought a new position in Expedia Group in the fourth quarter worth about $25,000. Entrust Financial LLC bought a new position in shares of Expedia Group during the fourth quarter valued at approximately $26,000. JFS Wealth Advisors LLC raised its position in shares of 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 purchasing an additional 44 shares during the period. Lodestone Wealth Management LLC acquired a new stake in shares of Expedia Group during the 4th quarter worth approximately $29,000. Finally, DV Equities LLC bought a new stake in shares of Expedia Group in the 4th quarter worth approximately $46,000. 90.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Expedia Group

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

Analyst Ratings Changes

A number of research analysts recently issued reports on EXPE shares. Weiss Ratings lowered Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Wall Street Zen raised Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 10th. Susquehanna raised their target price on Expedia Group from $240.00 to $250.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Gordon Haskett reduced their price target on shares of Expedia Group from $320.00 to $290.00 and set a “buy” rating for the company in a report on Wednesday, May 13th. Finally, Citigroup restated a “neutral” rating on shares of Expedia Group in a research report on Monday, May 18th. Seventeen equities research analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the stock. According to data from MarketBeat, Expedia Group currently has a consensus rating of “Hold” and a consensus price target of $288.52.

Expedia Group Stock Performance

Shares of NASDAQ EXPE opened at $264.94 on Wednesday. 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 simple moving average of $242.01 and a 200-day simple moving average of $244.22. The company has a market cap of $32.47 billion, a PE ratio of 23.32, a P/E/G ratio of 0.70 and a beta of 1.23. Expedia Group, Inc. has a 12-month low of $174.05 and a 12-month high of $303.80.

Expedia Group (NASDAQ:EXPE) last posted its earnings results 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. The firm 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 firm’s revenue was up 14.7% compared to the same quarter last year. During the same period last year, the firm earned $0.40 EPS. On average, equities research analysts forecast that Expedia Group, Inc. will post 16.98 EPS for the current year.

Expedia Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, May 28th were paid a $0.48 dividend. The ex-dividend date of this dividend was Thursday, May 28th. This represents a $1.92 annualized dividend and a dividend yield of 0.7%. Expedia Group’s dividend payout ratio is presently 16.90%.

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.