Expedia Group, Inc. (NASDAQ:EXPE) Position Lowered by Xponance Inc.

Xponance Inc. reduced its position in Expedia Group, Inc. (NASDAQ:EXPE) by 11.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 26,617 shares of the online travel company’s stock after selling 3,363 shares during the period. Xponance Inc.’s holdings in Expedia Group were worth $4,040,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Almanack Investment Partners LLC. acquired a new position in shares of Expedia Group in the 3rd quarter worth approximately $26,000. Clear Street Markets LLC boosted its holdings in Expedia Group by 88.3% in 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 period. City State Bank increased its stake in Expedia Group by 157.3% during the fourth quarter. City State Bank now owns 193 shares of the online travel company’s stock valued at $29,000 after purchasing an additional 118 shares during the last quarter. CVA Family Office LLC bought a new stake in Expedia Group during the fourth quarter valued at $32,000. Finally, Parkside Financial Bank & Trust raised its holdings in shares of 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 period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Trading Up 0.5 %

Shares of Expedia Group stock opened at $129.00 on Friday. The business has a fifty day simple moving average of $134.37 and a 200-day simple moving average of $132.95. Expedia Group, Inc. has a fifty-two week low of $87.94 and a fifty-two week high of $160.05. The firm has a market cap of $17.58 billion, a price-to-earnings ratio of 23.98, a price-to-earnings-growth ratio of 0.39 and a beta of 1.86. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 2.24.

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. On average, equities analysts forecast that Expedia Group, Inc. will post 9.74 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on EXPE shares. Bank of America downgraded shares of Expedia Group from a “buy” rating to a “neutral” rating and set a $156.00 price objective for the company. in a research report on Friday, February 9th. Wells Fargo & Company lowered their target price on Expedia Group from $159.00 to $155.00 and set an “equal weight” rating for the company in a report on Friday, February 9th. BMO Capital Markets assumed coverage on Expedia Group in a report on Tuesday, January 9th. They issued an “outperform” rating and a $181.00 price target on the stock. The Goldman Sachs Group boosted their price objective on Expedia Group from $155.00 to $190.00 and gave the company a “buy” rating in a research report on Friday, January 19th. Finally, Jefferies Financial Group dropped their target price on 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 analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat, Expedia Group currently has an average rating of “Moderate Buy” and a consensus price target of $149.12.

Insider Activity at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 5,119 shares of Expedia Group 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 transaction, the chief accounting officer now owns 10,880 shares in the company, valued at $1,492,844.80. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other Expedia Group news, 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 transaction of $1,500,400.00. Following the completion of the sale, the director now directly owns 216,521 shares of the company’s stock, valued at $32,486,810.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Lance A. Soliday sold 5,119 shares of the firm’s stock in a transaction dated 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 owns 10,880 shares of the company’s stock, valued at $1,492,844.80. The disclosure for this sale can be found here. Company 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.