Transatlantique Private Wealth LLC Purchases 699 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Transatlantique Private Wealth LLC increased its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 12.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,377 shares of the online travel company’s stock after purchasing an additional 699 shares during the period. Transatlantique Private Wealth LLC’s holdings in Expedia Group were worth $787,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of EXPE. ValueAct Holdings L.P. acquired a new position in shares of Expedia Group in the 4th quarter valued at $645,346,000. Pacer Advisors Inc. increased its stake in Expedia Group by 36.8% in the second quarter. Pacer Advisors Inc. now owns 2,654,200 shares of the online travel company’s stock valued at $334,403,000 after acquiring an additional 714,229 shares during the period. Lyrical Asset Management LP raised its position in Expedia Group by 0.8% in the fourth quarter. Lyrical Asset Management LP now owns 1,796,068 shares of the online travel company’s stock worth $272,625,000 after purchasing an additional 13,792 shares in the last quarter. Fisher Asset Management LLC raised its position in Expedia Group by 4.3% in the fourth quarter. Fisher Asset Management LLC now owns 1,439,448 shares of the online travel company’s stock worth $218,494,000 after purchasing an additional 59,352 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Expedia Group by 14.8% during the second quarter. Dimensional Fund Advisors LP now owns 1,054,485 shares of the online travel company’s stock worth $132,851,000 after purchasing an additional 135,973 shares during the period. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Expedia Group Stock Performance

Shares of Expedia Group stock opened at $144.04 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 2.45, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a market capitalization of $19.63 billion, a price-to-earnings ratio of 26.97, a PEG ratio of 0.51 and a beta of 1.79. The firm has a fifty day moving average of $131.94 and a two-hundred day moving average of $128.09.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, August 8th. The online travel company reported $3.51 earnings per share for the quarter, beating the consensus estimate of $3.17 by $0.34. The firm had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.53 billion. Expedia Group had a return on equity of 47.55% and a net margin of 6.09%. The company’s quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.34 earnings per share. As a group, equities research analysts predict that Expedia Group, Inc. will post 8.98 EPS for the current year.

Insider Buying and Selling

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

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on EXPE shares. Benchmark reiterated a “buy” rating and issued a $180.00 price objective on shares of Expedia Group in a research note on Friday, August 9th. Wedbush increased their price objective on Expedia Group from $125.00 to $130.00 and gave the stock a “neutral” rating in a research note on Friday, August 9th. Royal Bank of Canada restated a “sector perform” rating and issued a $140.00 target price on shares of Expedia Group in a research note on Friday, August 9th. Wells Fargo & Company reduced their price target on shares of Expedia Group from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research report on Friday, August 9th. Finally, Citigroup upped their price objective on shares of Expedia Group from $140.00 to $145.00 and gave the stock a “neutral” rating in a research note on Friday, August 9th. Eighteen research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Expedia Group has a consensus 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.