International Assets Investment Management LLC Acquires 21,095 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

International Assets Investment Management LLC grew its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 115.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,314 shares of the online travel company’s stock after acquiring an additional 21,095 shares during the period. International Assets Investment Management LLC’s holdings in Expedia Group were worth $5,967,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of EXPE. Harbor Capital Advisors Inc. lifted its stake in shares of Expedia Group by 1.5% in the 4th quarter. Harbor Capital Advisors Inc. now owns 5,090 shares of the online travel company’s stock valued at $773,000 after purchasing an additional 75 shares during the last quarter. Nilsine Partners LLC lifted its position in shares of Expedia Group by 1.7% in the fourth quarter. Nilsine Partners LLC now owns 5,725 shares of the online travel company’s stock worth $869,000 after buying an additional 96 shares during the last quarter. Signaturefd LLC boosted its stake in shares of Expedia Group by 11.8% during the 3rd quarter. Signaturefd LLC now owns 1,017 shares of the online travel company’s stock worth $105,000 after acquiring an additional 107 shares in the last quarter. Allworth Financial LP increased its holdings in shares of Expedia Group by 22.6% during the 4th quarter. Allworth Financial LP now owns 629 shares of the online travel company’s stock valued at $95,000 after acquiring an additional 116 shares during the last quarter. Finally, City State Bank raised its stake in shares of Expedia Group by 157.3% in the 4th quarter. City State Bank now owns 193 shares of the online travel company’s stock valued at $29,000 after acquiring an additional 118 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Buying and Selling

In other Expedia Group news, CAO Lance A. Soliday sold 5,119 shares of the 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 sale, the chief accounting officer now directly 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 the SEC website. 8.07% of the stock is owned by insiders.

Expedia Group Stock Performance

Shares of Expedia Group stock opened at $112.91 on Wednesday. The firm has a 50 day simple moving average of $132.97 and a 200 day simple moving average of $135.73. The firm has a market cap of $15.39 billion, a P/E ratio of 21.14, a P/E/G ratio of 0.35 and a beta of 1.83. Expedia Group, Inc. has a fifty-two week low of $88.81 and a fifty-two week high of $160.05. The company has a debt-to-equity ratio of 2.93, a current ratio of 0.79 and a quick ratio of 0.78.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, February 8th. The online travel company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.10. The firm had revenue of $2.89 billion during the quarter, compared to analysts’ expectations of $2.88 billion. Expedia Group had a return on equity of 41.63% and a net margin of 6.18%. Sell-side analysts predict that Expedia Group, Inc. will post 9.7 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on EXPE. BMO Capital Markets downgraded Expedia Group from an “outperform” rating to a “market perform” rating and lowered their price target for the company from $165.00 to $145.00 in a report on Friday, May 3rd. Barclays dropped their target price on shares of Expedia Group from $158.00 to $138.00 and set an “equal weight” rating on the stock in a report on Monday. Susquehanna decreased their price target on shares of Expedia Group from $145.00 to $125.00 and set a “neutral” rating for the company in a report on Monday. HSBC dropped their price objective on Expedia Group from $166.00 to $132.00 and set a “hold” rating on the stock in a research note on Tuesday. Finally, Mizuho decreased their target price on Expedia Group from $140.00 to $135.00 and set a “neutral” rating for the company in a research note on Friday, May 3rd. Sixteen analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, Expedia Group presently has an average rating of “Hold” and a consensus price target of $149.12.

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.