Expedia Group, Inc. (NASDAQ:EXPE) Shares Acquired by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC increased its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 71.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 3,360 shares of the online travel company’s stock after buying an additional 1,401 shares during the period. Sequoia Financial Advisors LLC’s holdings in Expedia Group were worth $510,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of EXPE. Raymond James Trust N.A. boosted its position in shares of Expedia Group by 17.6% in the first quarter. Raymond James Trust N.A. now owns 1,364 shares of the online travel company’s stock worth $267,000 after acquiring an additional 204 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Expedia Group by 6.2% during the first quarter. Dimensional Fund Advisors LP now owns 301,932 shares of the online travel company’s stock valued at $59,077,000 after buying an additional 17,680 shares in the last quarter. Blair William & Co. IL lifted its position in Expedia Group by 16.1% during the first quarter. Blair William & Co. IL now owns 6,052 shares of the online travel company’s stock valued at $1,184,000 after buying an additional 838 shares in the last quarter. Prudential PLC acquired a new position in Expedia Group during the first quarter valued at approximately $397,000. Finally, Cetera Investment Advisers lifted its position in Expedia Group by 50.9% during the first quarter. Cetera Investment Advisers now owns 3,751 shares of the online travel company’s stock valued at $734,000 after buying an additional 1,265 shares in the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on EXPE shares. Benchmark lifted their price target on shares of Expedia Group from $160.00 to $180.00 and gave the company a “buy” rating in a research report on Tuesday, February 6th. Oppenheimer reissued an “outperform” rating and set a $175.00 target price on shares of Expedia Group in a research report on Monday, February 5th. BMO Capital Markets initiated coverage on shares of Expedia Group in a research report on Tuesday, January 9th. They set an “outperform” rating and a $181.00 target price on the stock. Mizuho boosted their target price 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. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $155.00 target price on shares of Expedia Group in a research report on Friday, February 9th. Thirteen research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $149.12.

Insider Buying and Selling at Expedia Group

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

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $128.94 on Wednesday. Expedia Group, Inc. has a twelve month low of $87.94 and a twelve 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. The company has a market capitalization of $17.57 billion, a price-to-earnings ratio of 23.97, a PEG ratio of 0.40 and a beta of 1.86. The firm has a 50-day moving average of $135.55 and a two-hundred day moving average of $132.58.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, February 8th. The online travel company reported $1.18 earnings per share for the quarter, beating 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 company had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.88 billion. As a group, analysts expect that Expedia Group, Inc. will post 9.74 earnings per share 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.