Diversify Wealth Management LLC Purchases Shares of 2,815 Expedia Group, Inc. $EXPE

Diversify Wealth Management LLC bought a new position in Expedia Group, Inc. (NASDAQ:EXPE) in the first quarter, according to its most recent filing with the SEC. The firm bought 2,815 shares of the online travel company’s stock, valued at approximately $705,000.

Other large investors have also recently made changes to their positions in the company. Windacre Partnership LLC increased its holdings in shares of 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 stake in shares of Expedia Group by 25.0% during the 3rd quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company’s stock valued at $779,275,000 after buying an additional 728,063 shares during the last quarter. Invesco Ltd. lifted its holdings in Expedia Group by 8.0% in the third quarter. Invesco Ltd. now owns 3,122,842 shares of the online travel company’s stock valued at $667,507,000 after acquiring an additional 230,176 shares during the period. Norges Bank acquired a new position in shares of Expedia Group in the 4th quarter valued at $861,979,000. Finally, Wellington Management Group LLP grew its position in Expedia Group by 24,899.5% during the third quarter. Wellington Management Group LLP now owns 1,808,466 shares of the online travel company’s stock valued at $386,560,000 after buying an additional 1,801,232 shares during the period. 90.76% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on EXPE. Piper Sandler increased their target price on shares of Expedia Group from $225.00 to $245.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Weiss Ratings lowered shares of Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Wells Fargo & Company reduced their price objective on Expedia Group from $307.00 to $303.00 and set an “equal weight” rating on the stock in a research report on Tuesday, June 30th. Morgan Stanley lifted their target price on shares of Expedia Group from $270.00 to $290.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 28th. Finally, Truist Financial reduced their price target on shares of Expedia Group from $252.00 to $246.00 and set a “hold” rating on the stock in a research report on Monday, April 6th. Seventeen research analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $288.82.

Expedia Group Stock Up 1.4%

Shares of NASDAQ:EXPE opened at $270.95 on Friday. The firm’s 50-day moving average is $239.49 and its two-hundred day moving average is $244.61. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.73 and a quick ratio of 0.73. Expedia Group, Inc. has a 1 year low of $174.05 and a 1 year high of $303.80. The firm has a market capitalization of $33.20 billion, a PE ratio of 23.85, a price-to-earnings-growth ratio of 0.70 and a beta of 1.23.

Expedia Group (NASDAQ:EXPE) last announced its earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The firm had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $3.35 billion. During the same period in the prior year, the firm earned $0.40 EPS. The firm’s revenue for the quarter was up 14.7% on a year-over-year basis. Analysts predict that Expedia Group, Inc. will post 16.98 EPS for the current year.

Expedia Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th were given a $0.48 dividend. The ex-dividend date of this dividend 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 currently 16.90%.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 940 shares of the firm’s stock in a transaction on 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 in the company, 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 Securities & Exchange Commission, which is available at this hyperlink. Also, insider Robert J. Dzielak sold 4,702 shares of the firm’s stock in a transaction on 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 owned 105,448 shares in the company, valued at approximately $24,569,384. This represents a 4.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 5.20% of the company’s stock.

Expedia Group Company 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.