2,258 Shares in Expedia Group, Inc. $EXPE Bought by Burns Matteson Capital Management LLC

Burns Matteson Capital Management LLC purchased a new position in Expedia Group, Inc. (NASDAQ:EXPE) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,258 shares of the online travel company’s stock, valued at approximately $483,000.

Several other large investors have also made changes to their positions in the business. Vanguard Group Inc. grew its position in shares of Expedia Group by 0.7% during the second quarter. Vanguard Group Inc. now owns 15,304,305 shares of the online travel company’s stock worth $2,581,530,000 after purchasing an additional 102,494 shares in the last quarter. Norges Bank bought a new position in Expedia Group in the 2nd quarter worth approximately $663,882,000. Geode Capital Management LLC grew its holdings in Expedia Group by 1.7% during the 2nd quarter. Geode Capital Management LLC now owns 3,414,935 shares of the online travel company’s stock valued at $574,364,000 after buying an additional 58,244 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Expedia Group by 102.0% during the second quarter. AQR Capital Management LLC now owns 2,917,669 shares of the online travel company’s stock valued at $492,152,000 after buying an additional 1,473,386 shares during the last quarter. Finally, Alkeon Capital Management LLC lifted its holdings in shares of Expedia Group by 4.2% in the second quarter. Alkeon Capital Management LLC now owns 2,475,276 shares of the online travel company’s stock worth $417,530,000 after buying an additional 100,000 shares in the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Expedia Group Price Performance

EXPE stock opened at $287.56 on Friday. The stock has a market cap of $35.23 billion, a PE ratio of 27.52, a P/E/G ratio of 1.29 and a beta of 1.44. Expedia Group, Inc. has a 12 month low of $130.01 and a 12 month high of $292.42. The company has a 50-day moving average price of $253.63 and a 200 day moving average price of $217.04. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.72.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.10 by $0.47. Expedia Group had a net margin of 9.66% and a return on equity of 64.15%. The business had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter last year, the firm earned $6.13 earnings per share. The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. Equities research analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 11th. Investors of record on Wednesday, November 19th were issued a dividend of $0.40 per share. The ex-dividend date was Wednesday, November 19th. This represents a $1.60 dividend on an annualized basis and a yield of 0.6%. Expedia Group’s payout ratio is presently 15.31%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Barclays raised their target price on shares of Expedia Group from $197.00 to $220.00 and gave the company an “equal weight” rating in a research note on Friday, November 7th. Truist Financial set a $210.00 target price on Expedia Group in a report on Monday, October 27th. Mizuho boosted their target price on Expedia Group from $240.00 to $270.00 and gave the stock a “neutral” rating in a research report on Friday, November 14th. Evercore ISI raised their price target on Expedia Group from $280.00 to $350.00 and gave the company an “outperform” rating in a report on Tuesday, November 25th. Finally, BNP Paribas Exane assumed coverage on Expedia Group in a research note on Monday, November 24th. They issued a “neutral” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and twenty-four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $270.66.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 849 shares of the company’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $248.08, for a total value of $210,619.92. Following the transaction, the chief accounting officer owned 11,662 shares of the company’s stock, valued at $2,893,108.96. This represents a 6.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Madhumita Moina Banerjee sold 1,000 shares of Expedia Group stock in a transaction on Monday, December 1st. The stock was sold at an average price of $258.00, for a total value of $258,000.00. Following the sale, the director owned 2,916 shares of the company’s stock, valued at approximately $752,328. This trade represents a 25.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 4,849 shares of company stock valued at $1,283,270 in the last quarter. 9.13% of the stock is owned by insiders.

Expedia Group Company 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.