SVB Wealth LLC Has $533,000 Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

SVB Wealth LLC lessened its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 2.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,511 shares of the online travel company’s stock after selling 87 shares during the quarter. SVB Wealth LLC’s holdings in Expedia Group were worth $533,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Raymond James Trust N.A. lifted its holdings in shares of Expedia Group by 17.6% during the 1st quarter. Raymond James Trust N.A. now owns 1,364 shares of the online travel company’s stock valued at $267,000 after purchasing an additional 204 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Expedia Group by 6.2% in 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 boosted its holdings in shares of Expedia Group by 16.1% in 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 during the period. Prudential PLC acquired a new stake in shares of Expedia Group during the first quarter worth $397,000. Finally, Cetera Investment Advisers raised its holdings in shares of Expedia Group by 50.9% during the first quarter. Cetera Investment Advisers now owns 3,751 shares of the online travel company’s stock worth $734,000 after acquiring an additional 1,265 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Activity at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction that occurred on 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 owns 216,521 shares in the company, valued at $32,486,810.84. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction on 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 transaction, the director now owns 216,521 shares in the company, valued at approximately $32,486,810.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Lance A. Soliday sold 5,119 shares of the business’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total transaction of $702,377.99. Following the completion of the sale, 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. 8.07% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Oppenheimer reiterated an “outperform” rating and set a $175.00 target price on shares of Expedia Group in a report on Monday, February 5th. Jefferies Financial Group cut their target price on Expedia Group from $150.00 to $145.00 and set a “hold” rating on the stock in a research note on Tuesday, March 19th. Mizuho raised their price target on shares of Expedia Group from $130.00 to $140.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 6th. Wells Fargo & Company cut 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 report on Friday, February 9th. Finally, Ascendiant Capital Markets raised their target price on shares of Expedia Group from $133.00 to $168.00 and gave the company a “buy” rating in a research report on Friday, December 29th. Thirteen investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $149.12.

Expedia Group Stock Up 0.5 %

EXPE stock opened at $129.00 on Friday. Expedia Group, Inc. has a 1-year low of $87.94 and a 1-year high of $160.05. The business’s 50 day simple moving average is $134.37 and its 200 day simple moving average is $132.95. 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 firm has a market capitalization of $17.58 billion, a PE ratio of 23.98, a PEG ratio of 0.39 and a beta of 1.86.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, February 8th. The online travel company reported $1.18 EPS for the quarter, beating the consensus estimate of $1.08 by $0.10. The firm had revenue of $2.89 billion for the quarter, compared to the consensus estimate of $2.88 billion. Expedia Group had a net margin of 6.21% and a return on equity of 35.79%. As a group, research analysts anticipate that Expedia Group, Inc. will post 9.74 EPS for the current year.

About Expedia Group

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.