Expedia Group, Inc. (NASDAQ:EXPE) Shares Purchased by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV raised its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 0.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 310,435 shares of the online travel company’s stock after buying an additional 582 shares during the period. Mercer Global Advisors Inc. ADV owned about 0.23% of Expedia Group worth $39,187,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. University of Texas Texas AM Investment Managment Co. purchased a new position in Expedia Group during the 4th quarter worth approximately $26,000. ORG Partners LLC grew its position in shares of Expedia Group by 4,525.0% during the first quarter. ORG Partners LLC now owns 185 shares of the online travel company’s stock worth $25,000 after acquiring an additional 181 shares during the last quarter. Innealta Capital LLC purchased a new stake in Expedia Group in the 2nd quarter valued at $27,000. Blue Trust Inc. boosted its stake in Expedia Group by 93.8% during the 2nd quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock worth $30,000 after purchasing an additional 105 shares during the period. Finally, Crewe Advisors LLC purchased a new position in Expedia Group during the 1st quarter worth $40,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Price Performance

EXPE stock opened at $139.66 on Thursday. The stock’s 50 day moving average price is $131.42 and its 200 day moving average price is $127.93. The firm has a market cap of $19.03 billion, a P/E ratio of 26.15, a PEG ratio of 0.51 and a beta of 1.79. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.76 and a current ratio of 0.76. Expedia Group, Inc. has a 1 year low of $92.48 and a 1 year high of $160.05.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, August 8th. The online travel company reported $3.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.17 by $0.34. The business had revenue of $3.56 billion for the quarter, compared to the consensus estimate of $3.53 billion. Expedia Group had a return on equity of 47.55% and a net margin of 6.09%. The business’s revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the business earned $2.34 earnings per share. On average, sell-side analysts expect that Expedia Group, Inc. will post 8.98 earnings per share for the current fiscal year.

Insider Buying and Selling at Expedia Group

In other news, insider Robert J. Dzielak sold 5,417 shares of Expedia Group stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $134.60, for a total transaction of $729,128.20. Following the completion of the sale, the insider now directly owns 84,543 shares in the company, valued at $11,379,487.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, insider Robert J. Dzielak sold 5,417 shares of the firm’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $134.60, for a total transaction of $729,128.20. Following the sale, the insider now owns 84,543 shares in the company, valued at $11,379,487.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert J. Dzielak sold 12,602 shares of the company’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $131.50, for a total value of $1,657,163.00. Following the completion of the transaction, the insider now owns 89,960 shares of the company’s stock, valued at $11,829,740. The disclosure for this sale can be found here. 8.07% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on EXPE shares. Wells Fargo & Company reduced their target price on shares of Expedia Group from $140.00 to $130.00 and set an “equal weight” rating for the company in a report on Friday, August 9th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $140.00 target price on shares of Expedia Group in a research note on Friday, August 9th. Cantor Fitzgerald assumed coverage on Expedia Group in a research note on Thursday, September 5th. They set a “neutral” rating and a $130.00 price target for the company. Citigroup increased their price target on Expedia Group from $140.00 to $145.00 and gave the stock a “neutral” rating in a report on Friday, August 9th. Finally, Susquehanna boosted their price objective on shares of Expedia Group from $125.00 to $145.00 and gave the company a “neutral” rating in a research note on Monday, August 12th. Eighteen research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $148.00.

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.