1,621 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Bought by Ballentine Partners LLC

Ballentine Partners LLC purchased a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,621 shares of the online travel company’s stock, valued at approximately $204,000.

Several other institutional investors have also recently bought and sold shares of EXPE. Hohimer Wealth Management LLC boosted its position in shares of Expedia Group by 1.2% during the fourth quarter. Hohimer Wealth Management LLC now owns 6,711 shares of the online travel company’s stock valued at $1,019,000 after buying an additional 78 shares during the last quarter. Parallel Advisors LLC grew its stake in shares of Expedia Group by 7.4% in the 4th quarter. Parallel Advisors LLC now owns 1,163 shares of the online travel company’s stock worth $176,000 after acquiring an additional 80 shares in the last quarter. Private Advisor Group LLC raised its holdings in shares of Expedia Group by 0.4% in the first quarter. Private Advisor Group LLC now owns 24,351 shares of the online travel company’s stock valued at $3,354,000 after purchasing an additional 87 shares during the last quarter. First Trust Direct Indexing L.P. lifted its position in shares of Expedia Group by 5.8% during the first quarter. First Trust Direct Indexing L.P. now owns 1,601 shares of the online travel company’s stock valued at $221,000 after purchasing an additional 88 shares in the last quarter. Finally, Commerce Bank boosted its holdings in Expedia Group by 4.3% during the fourth quarter. Commerce Bank now owns 2,304 shares of the online travel company’s stock worth $350,000 after purchasing an additional 96 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Buying and Selling

In other Expedia Group news, insider Robert J. Dzielak sold 5,417 shares of Expedia Group stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $134.60, for a total transaction of $729,128.20. Following the sale, the insider now directly owns 84,543 shares of the company’s stock, valued at approximately $11,379,487.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, insider Robert J. Dzielak sold 5,417 shares of Expedia Group stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $134.60, for a total transaction of $729,128.20. Following the sale, the insider now directly owns 84,543 shares in the company, valued at $11,379,487.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Robert J. Dzielak sold 12,602 shares of the stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $131.50, for a total value of $1,657,163.00. Following the completion of the transaction, the insider now owns 89,960 shares of the company’s stock, valued at approximately $11,829,740. The disclosure for this sale can be found here. 8.07% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Wells Fargo & Company reduced their target price on shares of Expedia Group from $140.00 to $130.00 and set an “equal weight” rating for the company in a research report on Friday, August 9th. DA Davidson reissued a “neutral” rating and issued a $135.00 target price on shares of Expedia Group in a research report on Friday, August 9th. UBS Group cut their price target on Expedia Group from $140.00 to $137.00 and set a “neutral” rating for the company in a research note on Friday, August 9th. Cantor Fitzgerald started coverage on Expedia Group in a research note on Thursday, September 5th. They issued a “neutral” rating and a $130.00 price objective on the stock. Finally, Barclays reduced their target price on shares of Expedia Group from $138.00 to $134.00 and set an “equal weight” rating for the company in a research note on Friday, August 9th. Eighteen analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $148.00.

Expedia Group Price Performance

Shares of Expedia Group stock opened at $132.22 on Friday. The business has a 50 day moving average of $130.57 and a 200 day moving average of $127.95. Expedia Group, Inc. has a 52 week low of $92.48 and a 52 week high of $160.05. The company has a market cap of $18.02 billion, a PE ratio of 24.76, a P/E/G ratio of 0.52 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 (NASDAQ:EXPE) last issued its quarterly earnings data 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 business had revenue of $3.56 billion during 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%. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same period in the prior year, the business earned $2.34 EPS. As a group, equities research analysts forecast that Expedia Group, Inc. will post 8.92 earnings per share for the current year.

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.