Aaron Wealth Advisors LLC Sells 5,993 Shares of Expedia Group, Inc. $EXPE

Aaron Wealth Advisors LLC trimmed its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 62.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,630 shares of the online travel company’s stock after selling 5,993 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Expedia Group were worth $838,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of EXPE. Brighton Jones LLC acquired a new position in shares of Expedia Group during the 4th quarter worth approximately $408,000. NewEdge Advisors LLC raised its holdings 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 valued at $917,000 after acquiring an additional 259 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Expedia Group during the 2nd quarter valued at $596,000. Daiwa Securities Group Inc. lifted its position in shares of Expedia Group by 6.5% during the 2nd quarter. Daiwa Securities Group Inc. now owns 21,265 shares of the online travel company’s stock valued at $3,587,000 after acquiring an additional 1,290 shares during the period. Finally, AXA S.A. grew its holdings in shares of Expedia Group by 5.9% during the 2nd quarter. AXA S.A. now owns 11,042 shares of the online travel company’s stock worth $1,863,000 after purchasing an additional 615 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Buying and Selling

In related 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 transaction of $208,548.40. Following the sale, 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 position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 4,702 shares of the business’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $233.00, for a total value of $1,095,566.00. Following the sale, the insider owned 105,448 shares in the company, valued at $24,569,384. This represents a 4.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 5.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on EXPE. Deutsche Bank Aktiengesellschaft decreased their price target on Expedia Group from $244.00 to $230.00 and set a “hold” rating on the stock in a research report on Monday, May 18th. TD Cowen increased their price objective on shares of Expedia Group from $260.00 to $285.00 and gave the stock a “hold” rating in a research note on Wednesday, April 22nd. B. Riley Financial decreased their target price on shares of Expedia Group from $360.00 to $350.00 and set a “buy” rating on the stock in a report on Monday, April 27th. Citic Securities dropped their target price on shares of Expedia Group from $337.00 to $320.00 and set a “buy” rating for the company in a research report on Friday, May 15th. Finally, Zacks Research downgraded shares of Expedia Group from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Sixteen investment analysts have rated the stock with a Buy rating and twenty-three have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $284.42.

Expedia Group Stock Up 4.9%

Shares of NASDAQ EXPE opened at $263.29 on Friday. 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 company has a market cap of $32.26 billion, a price-to-earnings ratio of 23.18, a PEG ratio of 0.69 and a beta of 1.25. Expedia Group, Inc. has a 12 month low of $166.22 and a 12 month high of $303.80. The stock has a 50-day moving average price of $236.29 and a two-hundred day moving average price of $246.33.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.55. The company had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $3.35 billion. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The firm’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same period last year, the company posted $0.40 EPS. As a group, analysts forecast that Expedia Group, Inc. will post 16.98 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, June 18th. Shareholders of record on Thursday, May 28th were given a $0.48 dividend. The ex-dividend date was Thursday, May 28th. This represents a $1.92 dividend on an annualized basis and a yield of 0.7%. Expedia Group’s dividend payout ratio (DPR) is currently 16.90%.

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.