1,816 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Purchased by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. purchased a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,816 shares of the online travel company’s stock, valued at approximately $276,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in EXPE. Almanack Investment Partners LLC. purchased a new position in Expedia Group during the third quarter worth about $26,000. Clear Street Markets LLC boosted its holdings in Expedia Group by 88.3% during the first quarter. Clear Street Markets LLC now owns 290 shares of the online travel company’s stock worth $28,000 after purchasing an additional 136 shares during the last quarter. City State Bank boosted its holdings in Expedia Group by 157.3% during the fourth quarter. City State Bank now owns 193 shares of the online travel company’s stock worth $29,000 after purchasing an additional 118 shares during the last quarter. CVA Family Office LLC purchased a new position in Expedia Group during the fourth quarter worth about $32,000. Finally, Parkside Financial Bank & Trust boosted its holdings in Expedia Group by 173.0% during the third quarter. Parkside Financial Bank & Trust now owns 344 shares of the online travel company’s stock worth $35,000 after purchasing an additional 218 shares during the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Expedia Group news, CAO Lance A. Soliday sold 5,119 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total value of $702,377.99. Following the completion of the transaction, the chief accounting officer now owns 10,880 shares of the company’s stock, valued at approximately $1,492,844.80. The transaction was disclosed in a filing with the SEC, which is available through this link. In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $150.04, for a total value of $1,500,400.00. Following the completion of the transaction, the director now owns 216,521 shares of the company’s stock, valued at approximately $32,486,810.84. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Lance A. Soliday sold 5,119 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total transaction of $702,377.99. Following the completion of the transaction, the chief accounting officer now directly owns 10,880 shares of the company’s stock, valued at approximately $1,492,844.80. The disclosure for this sale can be found here. Corporate insiders own 8.07% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on EXPE shares. Oppenheimer reaffirmed an “outperform” rating and issued a $175.00 price objective on shares of Expedia Group in a research report on Monday, February 5th. Mizuho lifted their price objective on shares of Expedia Group from $130.00 to $140.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 6th. Ascendiant Capital Markets lifted their price objective on shares of Expedia Group from $133.00 to $168.00 and gave the stock a “buy” rating in a research report on Friday, December 29th. Bank of America lowered shares of Expedia Group from a “buy” rating to a “neutral” rating and set a $156.00 price objective on the stock. in a research report on Friday, February 9th. Finally, Jefferies Financial Group lowered their price objective on shares of Expedia Group from $150.00 to $145.00 and set a “hold” rating on the stock in a research report on Tuesday, March 19th. Thirteen equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Expedia Group presently has a consensus rating of “Moderate Buy” and an average target price of $149.12.

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $128.65 on Tuesday. The company has a 50 day moving average of $136.05 and a 200 day moving average of $132.40. The stock has a market cap of $17.53 billion, a P/E ratio of 23.91, a P/E/G ratio of 0.40 and a beta of 1.86. Expedia Group, Inc. has a 12 month low of $87.94 and a 12 month high of $160.05. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 2.24.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, February 8th. The online travel company reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.10. Expedia Group had a net margin of 6.21% and a return on equity of 35.79%. The business had revenue of $2.89 billion during the quarter, compared to analysts’ expectations of $2.88 billion. As a group, sell-side analysts forecast that Expedia Group, Inc. will post 9.74 EPS for the current fiscal year.

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.