Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lowered its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 7.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,886 shares of the online travel company’s stock after selling 1,443 shares during the period. Mutual of America Capital Management LLC’s holdings in Expedia Group were worth $2,715,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of Expedia Group by 4.8% in the first quarter. Vanguard Group Inc. now owns 16,147,624 shares of the online travel company’s stock worth $3,159,605,000 after acquiring an additional 741,856 shares in the last quarter. Boston Partners grew its holdings in Expedia Group by 1.3% during the 3rd quarter. Boston Partners now owns 2,567,830 shares of the online travel company’s stock valued at $264,627,000 after purchasing an additional 32,191 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Expedia Group by 187.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,921,028 shares of the online travel company’s stock valued at $375,888,000 after purchasing an additional 1,251,933 shares in the last quarter. Capital Wealth Alliance LLC acquired a new stake in Expedia Group during the 2nd quarter valued at $12,058,000. Finally, Northern Trust Corp grew its holdings in Expedia Group by 1.5% during the 3rd quarter. Northern Trust Corp now owns 1,557,816 shares of the online travel company’s stock valued at $160,564,000 after purchasing an additional 22,518 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

EXPE has been the subject of a number of recent analyst reports. Wedbush reaffirmed a “neutral” rating and set a $130.00 price target on shares of Expedia Group in a report on Thursday. Ascendiant Capital Markets raised their price target on shares of Expedia Group from $133.00 to $168.00 and gave the company a “buy” rating in a report on Friday, December 29th. Jefferies Financial Group lowered their price target on shares of Expedia Group from $150.00 to $145.00 and set a “hold” rating for the company in a report on Tuesday, March 19th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $155.00 price target on shares of Expedia Group in a report on Friday, February 9th. Finally, Wells Fargo & Company reduced their price objective on shares of Expedia Group from $159.00 to $155.00 and set an “equal weight” rating on the stock in a research note on Friday, February 9th. Thirteen equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat, Expedia Group has an average rating of “Moderate Buy” and a consensus price target of $149.12.

Expedia Group Trading Down 0.3 %

Expedia Group stock opened at $128.30 on Friday. The firm’s 50-day moving average is $134.42 and its 200-day moving average is $132.52. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.78 and a current ratio of 0.78. Expedia Group, Inc. has a 1 year low of $87.94 and a 1 year high of $160.05. The company has a market cap of $17.49 billion, a P/E ratio of 23.85, a PEG ratio of 0.39 and a beta of 1.86.

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

Insider Buying and Selling

In related news, Director Dara Khosrowshahi sold 10,000 shares of the 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 sale, 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 can be accessed through this hyperlink. In related news, CAO Lance A. Soliday sold 5,119 shares of the stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total value of $702,377.99. Following the sale, 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 can be accessed through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the 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 completion of the sale, the director now directly owns 216,521 shares in the company, valued at approximately $32,486,810.84. The disclosure for this sale can be found here. Corporate insiders own 8.07% of the company’s stock.

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.