Expedia Group, Inc. (NASDAQ:EXPE) Shares Purchased by Stephens Inc. AR

Stephens Inc. AR increased its position in shares of Expedia Group, Inc. (NASDAQ:EXPEGet Rating) by 9.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 1,506 shares of the online travel company’s stock after acquiring an additional 125 shares during the quarter. Stephens Inc. AR’s holdings in Expedia Group were worth $295,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EXPE. Commonwealth Equity Services LLC increased its position in shares of Expedia Group by 30.4% during the first quarter. Commonwealth Equity Services LLC now owns 22,536 shares of the online travel company’s stock valued at $4,409,000 after acquiring an additional 5,259 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Expedia Group by 25.3% during the first quarter. Envestnet Asset Management Inc. now owns 75,307 shares of the online travel company’s stock valued at $14,735,000 after acquiring an additional 15,209 shares during the last quarter. Waldron Private Wealth LLC increased its position in shares of Expedia Group by 33.9% during the first quarter. Waldron Private Wealth LLC now owns 1,490 shares of the online travel company’s stock valued at $291,000 after acquiring an additional 377 shares during the last quarter. Walter Public Investments Inc. acquired a new stake in shares of Expedia Group during the first quarter valued at about $12,107,000. Finally, Arizona State Retirement System increased its position in shares of Expedia Group by 2.7% during the first quarter. Arizona State Retirement System now owns 40,641 shares of the online travel company’s stock valued at $7,952,000 after acquiring an additional 1,082 shares during the last quarter. 96.08% of the stock is currently owned by institutional investors and hedge funds.

Expedia Group Stock Performance

Shares of Expedia Group stock opened at $102.20 on Friday. The firm’s fifty day simple moving average is $105.35 and its 200-day simple moving average is $151.68. The stock has a market capitalization of $16.06 billion, a price-to-earnings ratio of 88.10, a PEG ratio of 1.65 and a beta of 1.60. Expedia Group, Inc. has a 12 month low of $88.70 and a 12 month high of $217.72. The company has a debt-to-equity ratio of 2.16, a current ratio of 0.89 and a quick ratio of 0.89.

Expedia Group (NASDAQ:EXPEGet Rating) last announced its earnings results on Thursday, August 4th. The online travel company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.39. The business had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $2.99 billion. Expedia Group had a net margin of 4.87% and a return on equity of 11.93%. The company’s quarterly revenue was up 50.7% on a year-over-year basis. During the same period in the previous year, the company posted ($1.77) EPS. As a group, equities analysts forecast that Expedia Group, Inc. will post 4.49 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on EXPE. Barclays lifted their price target on shares of Expedia Group from $226.00 to $229.00 in a research report on Tuesday, May 3rd. JPMorgan Chase & Co. lowered their price objective on shares of Expedia Group from $206.00 to $125.00 and set a “neutral” rating for the company in a research note on Wednesday, June 29th. JMP Securities reissued a “mkt perform” rating on shares of Expedia Group in a research note on Wednesday, June 22nd. Ascendiant Capital Markets set a $202.00 price objective on shares of Expedia Group in a research note on Monday, June 20th. Finally, Evercore ISI lowered their price objective on shares of Expedia Group from $222.00 to $154.00 and set an “in-line” rating for the company in a research note on Thursday, July 7th. Fourteen investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $184.63.

Insider Activity

In other news, CAO Lance A. Soliday sold 376 shares of Expedia Group stock in a transaction on Monday, May 16th. The shares were sold at an average price of $124.12, for a total value of $46,669.12. Following the transaction, the chief accounting officer now directly owns 8,949 shares of the company’s stock, valued at approximately $1,110,749.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 5.00% of the company’s stock.

Expedia Group Profile

(Get Rating)

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through Retail, B2B, and trivago segments. Its brand portfolio include Brand Expedia, a full-service online travel brand with localized websites; Hotels.com for marketing and distributing lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, and CheapTickets travel websites; ebookers, an online EMEA travel agent for travelers an array of travel options; Hotwire, which offers travel booking services; CarRentals.com, an online car rental booking service; Classic Vacations, a luxury travel specialist; and Expedia Cruise, a provider of advice for travelers booking cruises.

See Also

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Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

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