Atria Wealth Solutions Inc. Sells 442 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Atria Wealth Solutions Inc. lessened its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 9.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,216 shares of the online travel company’s stock after selling 442 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Expedia Group were worth $640,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in EXPE. SVB Wealth LLC raised its holdings in Expedia Group by 8.9% in the 3rd quarter. SVB Wealth LLC now owns 3,598 shares of the online travel company’s stock valued at $371,000 after buying an additional 294 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in Expedia Group by 35.2% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 17,303 shares of the online travel company’s stock valued at $1,783,000 after buying an additional 4,505 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in Expedia Group by 3.1% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 80,635 shares of the online travel company’s stock valued at $8,311,000 after buying an additional 2,390 shares during the last quarter. Brown Advisory Inc. raised its holdings in Expedia Group by 105.2% in the 3rd quarter. Brown Advisory Inc. now owns 33,257 shares of the online travel company’s stock valued at $3,428,000 after buying an additional 17,050 shares during the last quarter. Finally, Forsta AP Fonden raised its holdings in Expedia Group by 24.3% in the 3rd quarter. Forsta AP Fonden now owns 78,200 shares of the online travel company’s stock valued at $8,060,000 after buying an additional 15,300 shares during the last quarter. Institutional investors own 90.76% of the company’s stock.

Insider Activity at Expedia Group

In related news, CAO Lance A. Soliday sold 5,119 shares of Expedia Group stock in a transaction 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 completion of 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 legal filing with the SEC, which is accessible through the SEC website. 8.07% of the stock is currently owned by insiders.

Expedia Group Stock Performance

NASDAQ EXPE opened at $115.33 on Friday. The company has a fifty day simple moving average of $133.81 and a 200 day simple moving average of $134.96. Expedia Group, Inc. has a 12-month low of $87.94 and a 12-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 cap of $15.72 billion, a P/E ratio of 21.60, a PEG ratio of 0.42 and a beta of 1.83.

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, beating the consensus estimate of $1.08 by $0.10. Expedia Group had a net margin of 6.18% and a return on equity of 38.69%. The business had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.88 billion. Sell-side analysts predict that Expedia Group, Inc. will post 9.7 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently issued reports on EXPE shares. Piper Sandler lowered shares of Expedia Group from an “overweight” rating to a “neutral” rating and dropped their price objective for the company from $175.00 to $145.00 in a report on Friday. 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. Bank of America lowered shares of Expedia Group from a “buy” rating to a “neutral” rating and set a $156.00 price target for the company. in a report on Friday, February 9th. Oppenheimer restated an “outperform” rating and set a $175.00 price target on shares of Expedia Group in a report on Monday, April 29th. Finally, Benchmark restated a “buy” rating and set a $180.00 price target on shares of Expedia Group in a report on Friday. Fifteen investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $148.08.

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.