RFG Advisory LLC Acquires 2,124 Shares of Expedia Group, Inc. $EXPE

RFG Advisory LLC increased its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 223.3% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,075 shares of the online travel company’s stock after buying an additional 2,124 shares during the period. RFG Advisory LLC’s holdings in Expedia Group were worth $710,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Motiv8 Investments LLC purchased a new stake in shares of Expedia Group during the 4th quarter worth $25,000. Entrust Financial LLC purchased a new stake in shares of Expedia Group during the fourth quarter valued at about $26,000. JFS Wealth Advisors LLC boosted its holdings in shares of Expedia Group by 78.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock valued at $28,000 after buying an additional 44 shares in the last quarter. Lodestone Wealth Management LLC bought a new stake in shares of Expedia Group in the 4th quarter valued at about $29,000. Finally, Sunbelt Securities Inc. grew its position in shares of Expedia Group by 970.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock worth $39,000 after buying an additional 165 shares during the last quarter. Institutional investors own 90.76% of the company’s stock.

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 on Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total transaction of $208,548.40. Following the completion of the transaction, the chief accounting officer 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Robert J. Dzielak sold 4,702 shares of the business’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the transaction, the insider owned 105,448 shares of the company’s stock, valued at $24,569,384. This represents a 4.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 5.20% of the company’s stock.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $265.28 on Tuesday. The business’s 50 day moving average price is $236.50 and its 200 day moving average price is $246.23. The firm has a market cap of $32.51 billion, a P/E ratio of 23.35, a P/E/G ratio of 0.69 and a beta of 1.25. Expedia Group, Inc. has a 52 week low of $167.35 and a 52 week high of $303.80. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, topping 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 company had revenue of $3.43 billion during the quarter, compared to analyst estimates of $3.35 billion. During the same period last year, the firm posted $0.40 EPS. Expedia Group’s revenue for the quarter was up 14.7% compared to the same quarter last year. On average, sell-side analysts expect that Expedia Group, Inc. will post 16.98 earnings per share for the current year.

Expedia Group Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.7%. Expedia Group’s dividend payout ratio is presently 16.90%.

Wall Street Analysts Forecast Growth

EXPE has been the subject of a number of analyst reports. Zacks Research cut shares of Expedia Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. UBS Group cut their price target on shares of Expedia Group from $266.00 to $262.00 and set a “neutral” rating on the stock in a report on Friday, May 8th. Truist Financial reduced their price target on Expedia Group from $252.00 to $246.00 and set a “hold” rating on the stock in a research report on Monday, April 6th. BTIG Research reiterated a “buy” rating and set a $330.00 price objective on shares of Expedia Group in a report on Tuesday, June 9th. Finally, Jefferies Financial Group raised Expedia Group from a “hold” rating to a “buy” rating and raised their price objective for the stock from $240.00 to $300.00 in a research report on Monday, March 30th. Sixteen equities research analysts have rated the stock with a Buy rating and twenty-three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $284.42.

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.