Expedia Group, Inc. (NASDAQ:EXPE) Shares Acquired by Invst LLC

Invst LLC lifted its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 8.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,177 shares of the online travel company’s stock after acquiring an additional 459 shares during the period. Invst LLC’s holdings in Expedia Group were worth $757,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in EXPE. University of Texas Texas AM Investment Managment Co. purchased a new position in shares of Expedia Group in the 4th quarter worth about $26,000. ORG Partners LLC raised its holdings in shares of Expedia Group by 4,525.0% during 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 period. Innealta Capital LLC purchased a new stake in shares of Expedia Group during the 2nd quarter valued at about $27,000. Blue Trust Inc. raised its holdings in shares of Expedia Group by 93.8% during the 2nd quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock valued at $30,000 after buying an additional 105 shares during the period. Finally, Crewe Advisors LLC purchased a new stake in shares of Expedia Group during the 1st quarter valued at about $40,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 12,602 shares of the business’s stock in a transaction dated 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 transaction, the insider now owns 89,960 shares in the company, valued at $11,829,740. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction dated Friday, September 27th. The stock was sold at an average price of $150.21, for a total value of $1,502,100.00. Following the completion of the sale, the director now owns 208,505 shares of the company’s stock, valued at $31,319,536.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Robert J. Dzielak sold 12,602 shares of the business’s stock in a transaction dated 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 sale, the insider now directly owns 89,960 shares of the company’s stock, valued at approximately $11,829,740. The disclosure for this sale can be found here. Insiders have sold 28,019 shares of company stock worth $3,888,391 over the last 90 days. 8.07% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

EXPE has been the topic of several analyst reports. Cantor Fitzgerald reiterated a “neutral” rating and set a $130.00 target price on shares of Expedia Group in a report on Monday. TD Cowen lowered Expedia Group from a “buy” rating to a “hold” rating and raised their price objective for the company from $130.00 to $150.00 in a research note on Wednesday, September 25th. UBS Group lowered their price objective 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. BTIG Research raised their price objective on Expedia Group from $150.00 to $175.00 and gave the company a “buy” rating in a research note on Friday. Finally, Truist Financial initiated coverage on Expedia Group in a research note on Friday, September 6th. They set a “hold” rating and a $148.00 price objective for the company. Nineteen research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Expedia Group has a consensus rating of “Hold” and a consensus target price of $149.73.

Expedia Group Stock Performance

Shares of EXPE stock opened at $148.02 on Tuesday. Expedia Group, Inc. has a 1-year low of $92.48 and a 1-year high of $160.05. 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 company has a market capitalization of $20.17 billion, a price-to-earnings ratio of 27.72, a P/E/G ratio of 0.56 and a beta of 1.79. The stock’s fifty day simple moving average is $133.37 and its 200-day simple moving average is $128.51.

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