XTX Topco Ltd Buys New Stake in Expedia Group, Inc. (NASDAQ:EXPE)

XTX Topco Ltd purchased a new position in Expedia Group, Inc. (NASDAQ:EXPE) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 20,364 shares of the online travel company’s stock, valued at approximately $2,566,000.

Other large investors have also added to or reduced their stakes in the company. ORG Partners LLC raised its position in shares of Expedia Group by 4,525.0% during the 1st quarter. ORG Partners LLC now owns 185 shares of the online travel company’s stock valued at $25,000 after acquiring an additional 181 shares in the last quarter. University of Texas Texas AM Investment Managment Co. bought a new position in shares of Expedia Group in the fourth quarter valued at approximately $26,000. Innealta Capital LLC acquired a new stake in shares of Expedia Group in the second quarter valued at $27,000. Blue Trust Inc. grew its stake in shares of Expedia Group by 93.8% in 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 last quarter. Finally, Crewe Advisors LLC bought a new position in shares of Expedia Group in the first quarter valued at $40,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Expedia Group

In related news, insider Robert J. Dzielak sold 5,417 shares of the company’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $134.60, for a total value of $729,128.20. Following the transaction, the insider now owns 84,543 shares in the company, valued at approximately $11,379,487.80. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, insider Robert J. Dzielak sold 12,602 shares of the 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 sale, the insider now directly owns 89,960 shares of the company’s stock, valued at $11,829,740. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Robert J. Dzielak sold 5,417 shares of Expedia Group stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $134.60, for a total value of $729,128.20. Following the sale, the insider now directly owns 84,543 shares in the company, valued at approximately $11,379,487.80. The disclosure for this sale can be found here. Insiders own 8.07% of the company’s stock.

Expedia Group Stock Up 0.9 %

Shares of NASDAQ EXPE opened at $139.66 on Thursday. The business has a 50-day moving average of $131.42 and a 200-day moving average of $127.93. The firm has a market capitalization of $19.03 billion, a price-to-earnings ratio of 26.15, a PEG ratio of 0.51 and a beta of 1.79. Expedia Group, Inc. has a 12 month low of $92.48 and a 12 month high of $160.05. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 2.45.

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

Analyst Upgrades and Downgrades

Several research firms have weighed in on EXPE. Truist Financial started coverage on shares of Expedia Group in a research report on Friday, September 6th. They set a “hold” rating and a $148.00 price objective on the stock. Susquehanna increased their price objective on Expedia Group from $125.00 to $145.00 and gave the company a “neutral” rating in a report on Monday, August 12th. Royal Bank of Canada reissued a “sector perform” rating and set a $140.00 target price on shares of Expedia Group in a research report on Friday, August 9th. Benchmark restated a “buy” rating and issued a $180.00 price objective on shares of Expedia Group in a research note on Friday, August 9th. Finally, Wedbush boosted their price target on Expedia Group from $125.00 to $130.00 and gave the company a “neutral” rating in a research note on Friday, August 9th. Eighteen equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $148.00.

Expedia Group Company 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.