Evolve Private Wealth LLC Has $4.62 Million Holdings in Expedia Group, Inc. $EXPE

Evolve Private Wealth LLC increased its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 182.2% during the first quarter, Holdings Channel.com reports. The fund owned 20,003 shares of the online travel company’s stock after purchasing an additional 12,915 shares during the quarter. Evolve Private Wealth LLC’s holdings in Expedia Group were worth $4,619,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Motiv8 Investments LLC bought a new stake in Expedia Group in the 4th quarter valued at about $25,000. Entrust Financial LLC bought a new position in shares of Expedia Group during the fourth quarter worth approximately $26,000. JFS Wealth Advisors LLC increased its holdings in shares of Expedia Group by 78.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after purchasing an additional 44 shares during the period. Lodestone Wealth Management LLC acquired a new stake in shares of Expedia Group in the fourth quarter valued at approximately $29,000. Finally, Rossby Financial LCC raised its position in shares of Expedia Group by 103.8% in the third quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock valued at $35,000 after buying an additional 82 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on EXPE shares. Mizuho reduced their price target on Expedia Group from $270.00 to $245.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 3rd. Truist Financial dropped their price objective on Expedia Group from $252.00 to $246.00 and set a “hold” rating for the company in a report on Monday, April 6th. B. Riley Financial cut their target price on Expedia Group from $360.00 to $350.00 and set a “buy” rating for the company in a research report on Monday, April 27th. Susquehanna upped their target price on Expedia Group from $240.00 to $250.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Finally, DA Davidson reduced their target price on Expedia Group from $260.00 to $250.00 and set a “neutral” rating on the stock in a report on Friday, May 15th. Sixteen research analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $284.42.

Insider Buying and Selling at Expedia Group

In related news, CAO Lance A. Soliday sold 940 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $221.86, for a total value of $208,548.40. Following the sale, the chief accounting officer directly owned 14,083 shares of the company’s stock, valued at $3,124,454.38. This trade represents a 6.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Robert J. Dzielak sold 4,702 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $233.00, for a total value of $1,095,566.00. Following the completion of the sale, the insider directly owned 105,448 shares in the company, valued at $24,569,384. This trade represents a 4.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 5.20% of the company’s stock.

Expedia Group Stock Performance

NASDAQ EXPE opened at $240.90 on Monday. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.43. The firm has a market capitalization of $29.52 billion, a price-to-earnings ratio of 21.21, a P/E/G ratio of 0.63 and a beta of 1.25. The firm’s 50 day simple moving average is $235.19 and its 200 day simple moving average is $246.58. Expedia Group, Inc. has a 1 year low of $160.00 and a 1 year high of $303.80.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data 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. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The business had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $3.35 billion. During the same period last year, the firm posted $0.40 earnings per share. The firm’s quarterly revenue was up 14.7% compared to the same quarter last year. As a group, research analysts expect that Expedia Group, Inc. will post 17.07 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, May 28th were paid a $0.48 dividend. The ex-dividend date was Thursday, May 28th. This represents a $1.92 annualized dividend and a dividend yield of 0.8%. Expedia Group’s dividend payout ratio (DPR) is presently 16.90%.

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.