Expedia Group, Inc. $EXPE Shares Bought by Dakota Wealth Management

Dakota Wealth Management grew its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 37.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 24,997 shares of the online travel company’s stock after acquiring an additional 6,863 shares during the period. Dakota Wealth Management’s holdings in Expedia Group were worth $7,082,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Norges Bank purchased a new stake in Expedia Group during the 2nd quarter worth $663,882,000. Windacre Partnership LLC raised its position in Expedia Group by 9.2% in the third quarter. Windacre Partnership LLC now owns 3,682,100 shares of the online travel company’s stock valued at $787,049,000 after purchasing an additional 309,900 shares during the period. AQR Capital Management LLC raised its position in Expedia Group by 25.0% in the third quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company’s stock valued at $779,275,000 after purchasing an additional 728,063 shares during the period. Invesco Ltd. lifted its stake in shares of Expedia Group by 8.0% during the third quarter. Invesco Ltd. now owns 3,122,842 shares of the online travel company’s stock worth $667,507,000 after purchasing an additional 230,176 shares in the last quarter. Finally, Alkeon Capital Management LLC lifted its stake in shares of Expedia Group by 4.2% during 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 purchasing an additional 100,000 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Buying and Selling at Expedia Group

In other news, insider Robert J. Dzielak sold 8,225 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $220.82, for a total transaction of $1,816,244.50. Following the completion of the sale, the insider owned 102,480 shares of the company’s stock, valued at approximately $22,629,633.60. This trade represents a 7.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 9.13% of the company’s stock.

Expedia Group Stock Down 3.0%

Shares of NASDAQ EXPE opened at $225.81 on Friday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group, Inc. has a 1 year low of $130.01 and a 1 year high of $303.80. The stock’s 50-day simple moving average is $235.95 and its 200-day simple moving average is $244.43. The firm has a market cap of $27.67 billion, a price-to-earnings ratio of 22.92, a PEG ratio of 0.73 and a beta of 1.41.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, February 12th. The online travel company reported $3.78 EPS for the quarter, beating analysts’ consensus estimates of $3.32 by $0.46. Expedia Group had a return on equity of 72.23% and a net margin of 8.78%.The firm had revenue of $3.55 billion during the quarter, compared to the consensus estimate of $3.41 billion. During the same quarter in the prior year, the business posted $2.39 earnings per share. Expedia Group’s revenue for the quarter was up 11.4% on a year-over-year basis. As a group, equities analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th were paid a dividend of $0.48 per share. This is an increase from Expedia Group’s previous quarterly dividend of $0.40. The ex-dividend date was Thursday, March 5th. This represents a $1.92 annualized dividend and a dividend yield of 0.9%. Expedia Group’s dividend payout ratio (DPR) is currently 19.49%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on EXPE. Truist Financial increased their target price on Expedia Group from $210.00 to $252.00 and gave the company a “hold” rating in a research note on Tuesday, February 10th. Morgan Stanley boosted their price target on Expedia Group from $270.00 to $290.00 and gave the stock an “equal weight” rating in a research report on Friday. Benchmark decreased their price target on Expedia Group from $310.00 to $290.00 and set a “buy” rating for the company in a report on Friday, February 13th. Royal Bank Of Canada increased their price objective on shares of Expedia Group from $260.00 to $290.00 and gave the company a “sector perform” rating in a research report on Wednesday, December 17th. Finally, Evercore reiterated an “outperform” rating on shares of Expedia Group in a research note on Monday, February 9th. Thirteen equities research analysts have rated the stock with a Buy rating and twenty-three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Expedia Group currently has an average rating of “Hold” and a consensus price target of $282.29.

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.