Expedia Group, Inc. $EXPE Shares Acquired by Cwm LLC

Cwm LLC boosted its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 101.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 99,888 shares of the online travel company’s stock after purchasing an additional 50,380 shares during the quarter. Cwm LLC’s holdings in Expedia Group were worth $21,351,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. First Horizon Advisors Inc. boosted its stake in Expedia Group by 4.3% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,346 shares of the online travel company’s stock worth $227,000 after buying an additional 55 shares during the last quarter. New York Life Investment Management LLC lifted its holdings in shares of Expedia Group by 0.4% during the 2nd quarter. New York Life Investment Management LLC now owns 16,789 shares of the online travel company’s stock worth $2,832,000 after acquiring an additional 64 shares during the period. Hohimer Wealth Management LLC lifted its holdings in shares of Expedia Group by 0.3% during the 2nd quarter. Hohimer Wealth Management LLC now owns 26,831 shares of the online travel company’s stock worth $4,526,000 after acquiring an additional 68 shares during the period. Consilio Wealth Advisors LLC boosted its position in shares of Expedia Group by 4.1% in the second quarter. Consilio Wealth Advisors LLC now owns 1,786 shares of the online travel company’s stock worth $305,000 after acquiring an additional 71 shares during the last quarter. Finally, Benjamin Edwards Inc. grew its holdings in Expedia Group by 4.3% in the second quarter. Benjamin Edwards Inc. now owns 1,916 shares of the online travel company’s stock valued at $323,000 after purchasing an additional 79 shares during the period. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Expedia Group Stock Up 0.3%

Shares of NASDAQ EXPE opened at $287.56 on Friday. The stock has a fifty day moving average price of $253.63 and a 200 day moving average price of $217.34. 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, Inc. has a 12-month low of $130.01 and a 12-month high of $292.42. The company has a market cap of $35.23 billion, a P/E ratio of 27.52, a P/E/G ratio of 1.30 and a beta of 1.44.

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

Expedia Group Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. KeyCorp initiated coverage on shares of Expedia Group in a research note on Wednesday, October 22nd. They set a “sector weight” rating on the stock. Cantor Fitzgerald upped their price objective on Expedia Group from $220.00 to $285.00 and gave the stock a “neutral” rating in a report on Friday, November 7th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Expedia Group in a report on Monday, December 22nd. Oppenheimer boosted their price target on Expedia Group from $250.00 to $290.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Finally, JPMorgan Chase & Co. raised their price objective on Expedia Group from $225.00 to $260.00 and gave the stock a “neutral” rating in a report on Friday, November 7th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and twenty-four have given a Hold rating to the company. According to MarketBeat.com, Expedia Group currently has an average rating of “Hold” and a consensus target price of $270.66.

Insider Buying and Selling at Expedia Group

In other news, Director Madhumita Moina Banerjee sold 1,000 shares of the company’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $258.00, for a total value of $258,000.00. Following the completion of the transaction, the director directly owned 2,916 shares in the company, valued at approximately $752,328. This represents a 25.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Lance A. Soliday sold 849 shares of the firm’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $248.08, for a total transaction of $210,619.92. Following the sale, the chief accounting officer directly owned 11,662 shares of the company’s stock, valued at approximately $2,893,108.96. The trade was a 6.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 4,849 shares of company stock valued at $1,283,270 over the last 90 days. 9.13% of the stock is owned by corporate insiders.

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.