Future Financial Wealth Managment LLC Buys Shares of 700 Expedia Group, Inc. (NASDAQ:EXPE)

Future Financial Wealth Managment LLC bought a new position in Expedia Group, Inc. (NASDAQ:EXPE) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 700 shares of the online travel company’s stock, valued at approximately $96,000.

Other hedge funds also recently modified their holdings of the company. Harbor Capital Advisors Inc. raised its stake in Expedia Group by 1.5% during the fourth quarter. Harbor Capital Advisors Inc. now owns 5,090 shares of the online travel company’s stock worth $773,000 after acquiring an additional 75 shares in the last quarter. Hohimer Wealth Management LLC increased its position in shares of Expedia Group by 1.2% during the 4th quarter. Hohimer Wealth Management LLC now owns 6,711 shares of the online travel company’s stock worth $1,019,000 after purchasing an additional 78 shares in the last quarter. Parallel Advisors LLC boosted its position in Expedia Group by 7.4% in the fourth quarter. Parallel Advisors LLC now owns 1,163 shares of the online travel company’s stock valued at $176,000 after buying an additional 80 shares in the last quarter. Nilsine Partners LLC raised its stake in shares of Expedia Group by 1.7% in the fourth quarter. Nilsine Partners LLC now owns 5,725 shares of the online travel company’s stock valued at $869,000 after acquiring an additional 96 shares during the last quarter. Finally, Commerce Bank increased its position in Expedia Group by 4.3% in the 4th quarter. Commerce Bank now owns 2,304 shares of the online travel company’s stock valued at $350,000 after acquiring an additional 96 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on EXPE. Susquehanna reissued a “neutral” rating and issued a $125.00 price target on shares of Expedia Group in a report on Wednesday, May 15th. Piper Sandler lowered Expedia Group from an “overweight” rating to a “neutral” rating and cut their price target for the company from $175.00 to $145.00 in a research note on Friday, May 3rd. Benchmark reiterated a “buy” rating and issued a $180.00 price target on shares of Expedia Group in a report on Friday, May 3rd. BTIG Research lowered their price objective on Expedia Group from $175.00 to $150.00 and set a “buy” rating for the company in a research report on Tuesday, May 21st. Finally, Royal Bank of Canada reduced their target price on shares of Expedia Group from $155.00 to $140.00 and set a “sector perform” rating on the stock in a research note on Friday, May 3rd. Sixteen investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $148.12.

Insider Transactions at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 544 shares of the business’s stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $113.38, for a total transaction of $61,678.72. Following the completion of the transaction, the chief accounting officer now owns 11,187 shares of the company’s stock, valued at $1,268,382.06. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, Director Craig A. Jacobson sold 6,722 shares of the firm’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $112.71, for a total transaction of $757,636.62. Following the sale, the director now owns 32,620 shares of the company’s stock, valued at approximately $3,676,600.20. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Lance A. Soliday sold 544 shares of the company’s stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $113.38, for a total value of $61,678.72. Following the completion of the transaction, the chief accounting officer now directly owns 11,187 shares of the company’s stock, valued at approximately $1,268,382.06. The disclosure for this sale can be found here. 8.07% of the stock is owned by insiders.

Expedia Group Trading Down 2.1 %

Shares of Expedia Group stock opened at $124.66 on Friday. Expedia Group, Inc. has a 52-week low of $92.48 and a 52-week high of $160.05. The company has a debt-to-equity ratio of 2.93, a quick ratio of 0.79 and a current ratio of 0.79. The firm has a 50-day moving average of $120.98 and a 200-day moving average of $134.64. The stock has a market cap of $16.99 billion, a PE ratio of 23.34, a PEG ratio of 0.48 and a beta of 1.78.

Expedia Group (NASDAQ:EXPE) last announced its earnings results on Thursday, May 2nd. The online travel company reported ($0.39) EPS for the quarter, topping the consensus estimate of ($0.96) by $0.57. The company had revenue of $2.89 billion for the quarter, compared to analysts’ expectations of $2.80 billion. Expedia Group had a net margin of 6.18% and a return on equity of 41.63%. As a group, sell-side analysts forecast that Expedia Group, Inc. will post 9.33 EPS for the current year.

Expedia Group Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.