Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 6.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 37,485 shares of the online travel company’s stock after purchasing an additional 2,272 shares during the period. Janney Montgomery Scott LLC’s holdings in Expedia Group were worth $6,985,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Grove Bank & Trust raised its stake in Expedia Group by 676.2% during the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock valued at $30,000 after acquiring an additional 142 shares during the last quarter. Venturi Wealth Management LLC raised its stake in shares of Expedia Group by 709.8% during the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after purchasing an additional 291 shares during the last quarter. Brooklyn Investment Group purchased a new stake in shares of Expedia Group during the third quarter worth approximately $51,000. UMB Bank n.a. grew its position in Expedia Group by 14.8% in the 4th quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock valued at $91,000 after buying an additional 63 shares during the last quarter. Finally, Future Financial Wealth Managment LLC acquired a new position in Expedia Group in the 3rd quarter valued at $74,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Price Performance

Shares of Expedia Group stock opened at $171.77 on Wednesday. The business’s fifty day moving average price is $184.04 and its 200 day moving average price is $158.25. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $192.34. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. The stock has a market capitalization of $22.05 billion, a P/E ratio of 22.11, a PEG ratio of 0.78 and a beta of 1.83.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, November 7th. The online travel company reported $5.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.42 by ($0.24). Expedia Group had a return on equity of 49.25% and a net margin of 7.97%. The business had revenue of $4.06 billion for the quarter, compared to analyst estimates of $4.11 billion. During the same period last year, the company posted $4.85 EPS. As a group, research analysts anticipate that Expedia Group, Inc. will post 8.76 earnings per share for the current year.

Analyst Ratings Changes

EXPE has been the subject of several recent analyst reports. Oppenheimer raised their target price on shares of Expedia Group from $155.00 to $210.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. DA Davidson lifted their price objective on Expedia Group from $135.00 to $190.00 and gave the company a “neutral” rating in a report on Monday, November 18th. Bank of America raised Expedia Group from a “neutral” rating to a “buy” rating and increased their target price for the stock from $187.00 to $221.00 in a research note on Wednesday, December 18th. Deutsche Bank Aktiengesellschaft downgraded Expedia Group from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Finally, StockNews.com upgraded Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 14th. Twenty analysts have rated the stock with a hold rating, ten have given a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $175.96.

Insider Buying and Selling

In other Expedia Group news, insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total value of $351,180.00. Following the completion of the transaction, the insider now owns 85,250 shares of the company’s stock, valued at $15,345,000. The trade was a 2.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the completion of the transaction, the director now directly owns 168,505 shares in the company, valued at $31,198,700.75. This represents a 5.60 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 28,951 shares of company stock valued at $5,045,310. Corporate insiders own 6.80% of the company’s stock.

About Expedia Group

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.