Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by Aurora Investment Counsel

Aurora Investment Counsel increased its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 33.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,644 shares of the online travel company’s stock after buying an additional 3,650 shares during the quarter. Aurora Investment Counsel’s holdings in Expedia Group were worth $1,845,000 as of its most recent filing with the SEC.

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

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $148.02 on Tuesday. The firm’s 50-day simple moving average is $133.37 and its 200 day simple moving average is $128.51. The stock has a market cap of $20.17 billion, a P/E ratio of 27.72, a P/E/G ratio of 0.56 and a beta of 1.79. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 2.45. Expedia Group, Inc. has a fifty-two week low of $92.48 and a fifty-two week high of $160.05.

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

Analysts Set New Price Targets

EXPE has been the subject of a number of research analyst reports. Cantor Fitzgerald restated a “neutral” rating and issued a $130.00 price target on shares of Expedia Group in a research note on Monday. Susquehanna boosted their target price on shares of Expedia Group from $125.00 to $145.00 and gave the stock a “neutral” rating in a research report on Monday, August 12th. BTIG Research increased their price target on shares of Expedia Group from $150.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday. TD Cowen downgraded Expedia Group from a “buy” rating to a “hold” rating and lifted their price target for the stock from $130.00 to $150.00 in a research note on Wednesday, September 25th. Finally, Barclays cut their price objective on Expedia Group from $138.00 to $134.00 and set an “equal weight” rating on the stock in a research note on Friday, August 9th. Nineteen investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Expedia Group currently has an average rating of “Hold” and an average price target of $149.73.

Insiders Place Their Bets

In other news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction on Friday, September 27th. The stock was sold at an average price of $150.21, for a total transaction of $1,502,100.00. Following the transaction, the director now directly owns 208,505 shares in the company, valued at approximately $31,319,536.05. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, 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 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 Securities & Exchange Commission, which is available at this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction on Friday, September 27th. The shares were sold at an average price of $150.21, for a total value of $1,502,100.00. Following the completion of the transaction, the director now directly owns 208,505 shares in the company, valued at approximately $31,319,536.05. The disclosure for this sale can be found here. Insiders sold 28,019 shares of company stock worth $3,888,391 over the last ninety days. Company insiders own 8.07% of the company’s stock.

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.