Expedia Group, Inc. (NASDAQ:EXPE) Shares Acquired by Signaturefd LLC

Signaturefd LLC raised its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 13.3% in the 4th quarter, HoldingsChannel reports. The fund owned 1,152 shares of the online travel company’s stock after buying an additional 135 shares during the quarter. Signaturefd LLC’s holdings in Expedia Group were worth $175,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Verdence Capital Advisors LLC acquired a new position in shares of Expedia Group during the 4th quarter worth about $213,000. abrdn plc lifted its holdings in shares of Expedia Group by 38.0% in the 4th quarter. abrdn plc now owns 59,905 shares of the online travel company’s stock valued at $9,093,000 after purchasing an additional 16,485 shares during the last quarter. Hunter Associates Investment Management LLC lifted its holdings in shares of Expedia Group by 23.5% in the 4th quarter. Hunter Associates Investment Management LLC now owns 16,673 shares of the online travel company’s stock valued at $2,528,000 after purchasing an additional 3,178 shares during the last quarter. Greenleaf Trust lifted its holdings in shares of Expedia Group by 9.5% in the 4th quarter. Greenleaf Trust now owns 2,492 shares of the online travel company’s stock valued at $378,000 after purchasing an additional 217 shares during the last quarter. Finally, Institute for Wealth Management LLC. purchased a new stake in shares of Expedia Group in the 4th quarter valued at about $221,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Expedia Group

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 sale, the director now owns 216,521 shares in the company, valued at approximately $32,486,810.84. The sale was disclosed in a legal filing with the SEC, which is available through this link. 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 of the company’s stock, valued at approximately $32,486,810.84. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Lance A. Soliday sold 5,119 shares of the stock in a transaction on 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 directly owns 10,880 shares in the company, valued at approximately $1,492,844.80. The disclosure for this sale can be found here. 8.07% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on EXPE. Jefferies Financial Group reduced their target price on Expedia Group from $150.00 to $145.00 and set a “hold” rating for the company in a report on Tuesday, March 19th. JPMorgan Chase & Co. upped their price objective on Expedia Group from $115.00 to $136.00 and gave the company a “neutral” rating in a research note on Friday, February 9th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $155.00 price objective on shares of Expedia Group in a research note on Friday, February 9th. Mizuho upped their price objective on Expedia Group from $130.00 to $140.00 and gave the company a “neutral” rating in a research note on Tuesday, February 6th. Finally, Bank of America downgraded Expedia Group from a “buy” rating to a “neutral” rating and set a $156.00 price objective for the company. in a research note on Friday, February 9th. Thirteen equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $149.12.

Expedia Group Stock Performance

EXPE opened at $135.70 on Monday. The stock has a market cap of $18.49 billion, a P/E ratio of 25.22, a P/E/G ratio of 0.42 and a beta of 1.86. The company has a debt-to-equity ratio of 2.24, a current ratio of 0.78 and a quick ratio of 0.78. The stock’s 50 day simple moving average is $134.32 and its 200 day simple moving average is $134.37. Expedia Group, Inc. has a 1-year low of $87.94 and a 1-year high of $160.05.

Expedia Group (NASDAQ:EXPE) last announced its earnings results on Thursday, February 8th. The online travel company reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.10. The firm had revenue of $2.89 billion for the quarter, compared to analysts’ expectations of $2.88 billion. Expedia Group had a return on equity of 35.79% and a net margin of 6.21%. As a group, equities analysts anticipate that Expedia Group, Inc. will post 9.71 EPS for the current fiscal year.

Expedia Group Company 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.