Expedia Group, Inc. (NASDAQ:EXPE) Shares Acquired by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC boosted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 9.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,631 shares of the online travel company’s stock after acquiring an additional 883 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Expedia Group were worth $1,335,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. ValueAct Holdings L.P. purchased a new position in shares of Expedia Group in the fourth quarter valued at approximately $645,346,000. Acadian Asset Management LLC grew its stake in shares of Expedia Group by 414.4% in the first quarter. Acadian Asset Management LLC now owns 686,244 shares of the online travel company’s stock worth $94,512,000 after acquiring an additional 552,831 shares in the last quarter. AustralianSuper Pty Ltd grew its stake in shares of Expedia Group by 88.8% in the second quarter. AustralianSuper Pty Ltd now owns 753,260 shares of the online travel company’s stock worth $94,903,000 after acquiring an additional 354,389 shares in the last quarter. Norden Group LLC acquired a new position in shares of Expedia Group in the first quarter worth $40,976,000. Finally, Jupiter Asset Management Ltd. raised its stake in shares of Expedia Group by 90.4% in the first quarter. Jupiter Asset Management Ltd. now owns 557,243 shares of the online travel company’s stock valued at $76,760,000 after acquiring an additional 264,572 shares in the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Expedia Group Stock Up 1.1 %

Expedia Group stock opened at $144.04 on Monday. 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 company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 2.45. The stock has a 50 day moving average of $131.94 and a two-hundred day moving average of $128.02. Expedia Group, Inc. has a twelve month low of $92.48 and a twelve month high of $160.05.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, August 8th. The online travel company reported $3.51 earnings per share for the quarter, beating analysts’ consensus estimates 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 net margin of 6.09% and a return on equity of 47.55%. Expedia Group’s quarterly revenue was up 6.0% on a year-over-year basis. During the same period last year, the firm posted $2.34 EPS. As a group, research analysts expect that Expedia Group, Inc. will post 8.98 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Wells Fargo & Company cut their price target on Expedia Group from $140.00 to $130.00 and set an “equal weight” rating on the stock in a report on Friday, August 9th. Cantor Fitzgerald assumed coverage on shares of Expedia Group in a report on Thursday, September 5th. They issued a “neutral” rating and a $130.00 target price on the stock. UBS Group lowered their price target on shares of Expedia Group from $140.00 to $137.00 and set a “neutral” rating for the company in a report on Friday, August 9th. Barclays dropped their price objective on shares of Expedia Group from $138.00 to $134.00 and set an “equal weight” rating on the stock in a research report on Friday, August 9th. Finally, Truist Financial initiated 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 for the company. Eighteen research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $148.00.

Insider Transactions at Expedia Group

In related news, insider Robert J. Dzielak sold 12,602 shares of the firm’s stock in a transaction dated 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 owns 89,960 shares in the company, valued at $11,829,740. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Expedia Group news, insider Robert J. Dzielak sold 12,602 shares of the business’s stock in a transaction that occurred on 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert J. Dzielak sold 5,417 shares of the firm’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 directly owns 84,543 shares of the company’s stock, valued at $11,379,487.80. The disclosure for this sale can be found here. Company insiders own 8.07% of the company’s stock.

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.