Expedia Group, Inc. $EXPE Holdings Lowered by General American Investors Co. Inc.

General American Investors Co. Inc. decreased its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 48.9% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 73,157 shares of the online travel company’s stock after selling 70,000 shares during the quarter. General American Investors Co. Inc.’s holdings in Expedia Group were worth $15,637,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of EXPE. Brighton Jones LLC purchased a new position in shares of Expedia Group in the fourth quarter worth approximately $408,000. NewEdge Advisors LLC boosted its stake in Expedia Group by 5.0% in the 1st quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock worth $917,000 after purchasing an additional 259 shares during the period. Sivia Capital Partners LLC purchased a new position in Expedia Group during the 2nd quarter worth approximately $596,000. Fifth Third Bancorp raised its stake in Expedia Group by 6.7% during the 2nd quarter. Fifth Third Bancorp now owns 6,413 shares of the online travel company’s stock valued at $1,082,000 after purchasing an additional 404 shares during the period. Finally, CX Institutional lifted its holdings in shares of Expedia Group by 20.0% in the second quarter. CX Institutional now owns 1,140 shares of the online travel company’s stock valued at $192,000 after purchasing an additional 190 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Price Performance

NASDAQ EXPE opened at $269.49 on Tuesday. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.72. The stock has a market capitalization of $33.02 billion, a PE ratio of 25.79, a price-to-earnings-growth ratio of 0.87 and a beta of 1.43. The company has a 50 day moving average price of $275.59 and a two-hundred day moving average price of $234.83. Expedia Group, Inc. has a 12-month low of $130.01 and a 12-month high of $303.80.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 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 company had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.28 billion. During the same quarter in the prior year, the business posted $6.13 EPS. Expedia Group’s quarterly revenue was up 8.7% on a year-over-year basis. As a group, equities analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. BNP Paribas Exane started coverage on Expedia Group in a report on Monday, November 24th. They set a “hold” rating on the stock. 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 research report on Friday, November 7th. UBS Group set a $270.00 price target on shares of Expedia Group in a report on Tuesday, January 13th. DA Davidson reaffirmed a “neutral” rating and set a $294.00 price objective on shares of Expedia Group in a research report on Thursday, December 11th. Finally, Wall Street Zen downgraded shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a research report on Sunday, January 11th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and twenty-two have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $289.13.

Insiders Place Their Bets

In other news, Director Madhumita Moina Banerjee sold 1,000 shares of the company’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $258.00, for a total transaction of $258,000.00. Following the completion of the sale, the director owned 2,916 shares in the company, valued at approximately $752,328. This represents a 25.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Craig A. Jacobson sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $271.55, for a total value of $814,650.00. Following the completion of the transaction, the director directly owned 30,858 shares in the company, valued at $8,379,489.90. The trade was a 8.86% 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 quarter. Insiders own 9.13% of the company’s stock.

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.