Essential Partners LLC Trims Position in Expedia Group, Inc. $EXPE

Essential Partners LLC decreased its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 22.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,813 shares of the online travel company’s stock after selling 2,244 shares during the quarter. Essential Partners LLC’s holdings in Expedia Group were worth $1,804,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Corient Private Wealth LLC increased its position in shares of Expedia Group by 17.8% during the fourth quarter. Corient Private Wealth LLC now owns 61,211 shares of the online travel company’s stock valued at $17,344,000 after purchasing an additional 9,256 shares during the period. Monument Capital Management bought a new stake in Expedia Group in the 4th quarter valued at $2,781,000. Lmcg Investments LLC increased its holdings in Expedia Group by 276.0% in the 4th quarter. Lmcg Investments LLC now owns 9,655 shares of the online travel company’s stock valued at $2,735,000 after buying an additional 7,087 shares during the period. North Dakota State Investment Board acquired a new position in shares of Expedia Group in the 4th quarter valued at $3,027,000. Finally, Lombard Odier Asset Management Switzerland SA acquired a new position in shares of Expedia Group in the 1st quarter valued at $910,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Price Performance

NASDAQ:EXPE opened at $292.93 on Friday. 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 firm has a market cap of $35.90 billion, a PE ratio of 25.79, a price-to-earnings-growth ratio of 0.80 and a beta of 1.23. Expedia Group, Inc. has a 12 month low of $174.05 and a 12 month high of $312.40. The company’s 50-day moving average price is $250.65 and its two-hundred day moving average price is $243.53.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.55. The company had revenue of $3.43 billion during the quarter, compared to analysts’ expectations of $3.35 billion. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. Expedia Group’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 earnings per share. On average, equities analysts anticipate that Expedia Group, Inc. will post 17.04 EPS for the current fiscal year.

Expedia Group Dividend Announcement

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

Key Stories Impacting Expedia Group

Here are the key news stories impacting Expedia Group this week:

• Positive Sentiment: UBS raised its price target for Expedia from $262 to $322, implying approximately 9.9% upside from the referenced share price. However, it maintained a Neutral rating, suggesting valuation and execution risks remain balanced. Benzinga article
• Positive Sentiment: Expedia’s 50-day moving average recently crossed above its 200-day moving average, creating a “golden cross.” This technical signal is often viewed as evidence of improving momentum and may attract technical-focused buyers. Expedia golden cross article
• Positive Sentiment: Zacks identified Expedia as a strong value and momentum stock, which could support investor interest following its recent rally. Expedia value stock article Expedia momentum stock article
• Neutral Sentiment: Morgan Stanley increased its target from $290 to $300 but retained an Equal Weight rating, indicating limited expected outperformance at current levels. The Fly article
• Neutral Sentiment: Wall Street commentary remains mixed ahead of Expedia’s upcoming earnings report. Analysts are expecting earnings growth and a potential beat, making guidance and forward booking trends key catalysts. Expedia earnings expectations article

Insiders Place Their Bets

In related news, 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 value of $1,095,566.00. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Lance A. Soliday sold 940 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $221.86, for a total transaction of $208,548.40. Following the transaction, the chief accounting officer owned 14,083 shares in the company, valued at approximately $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. Company insiders own 5.20% of the company’s stock.

Analysts Set New Price Targets

EXPE has been the topic of several recent research reports. Weiss Ratings lowered shares of Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Wedbush initiated coverage on shares of Expedia Group in a research report on Thursday, July 16th. They issued an “outperform” rating and a $334.00 price target for the company. Dbs Bank upgraded shares of Expedia Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, May 11th. UBS Group upped their price objective on Expedia Group from $262.00 to $322.00 and gave the company a “neutral” rating in a research note on Thursday. Finally, Wells Fargo & Company dropped their target price on Expedia Group from $307.00 to $303.00 and set an “equal weight” rating for the company in a report on Tuesday, June 30th. Seventeen investment analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the stock. According to MarketBeat, Expedia Group has a consensus rating of “Hold” and a consensus price target of $290.76.

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.