Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Corient Private Wealth LLC

Corient Private Wealth LLC trimmed its stake in shares of Expedia Group, Inc. (NASDAQ:EXPEFree Report) by 1.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,135 shares of the online travel company’s stock after selling 472 shares during the period. Corient Private Wealth LLC’s holdings in Expedia Group were worth $4,878,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Amalgamated Bank grew its holdings in Expedia Group by 22.3% during the fourth quarter. Amalgamated Bank now owns 47,184 shares of the online travel company’s stock worth $7,162,000 after acquiring an additional 8,595 shares during the period. International Assets Investment Management LLC grew its holdings in Expedia Group by 115.8% in the fourth quarter. International Assets Investment Management LLC now owns 39,314 shares of the online travel company’s stock valued at $5,967,000 after purchasing an additional 21,095 shares during the period. Raymond James & Associates grew its holdings in Expedia Group by 6.4% in the fourth quarter. Raymond James & Associates now owns 263,351 shares of the online travel company’s stock valued at $39,974,000 after purchasing an additional 15,759 shares during the period. AustralianSuper Pty Ltd grew its holdings in Expedia Group by 14.0% in the fourth quarter. AustralianSuper Pty Ltd now owns 355,871 shares of the online travel company’s stock valued at $54,018,000 after purchasing an additional 43,820 shares during the period. Finally, AQR Capital Management LLC grew its holdings in Expedia Group by 7.9% in the third quarter. AQR Capital Management LLC now owns 769,665 shares of the online travel company’s stock valued at $79,329,000 after purchasing an additional 56,186 shares during the period. 90.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Craig A. Jacobson sold 6,722 shares of the stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $112.71, for a total transaction of $757,636.62. Following the transaction, the director now owns 32,620 shares of the company’s stock, valued at approximately $3,676,600.20. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 8.07% of the stock is owned by corporate insiders.

Expedia Group Price Performance

NASDAQ:EXPE opened at $110.31 on Tuesday. Expedia Group, Inc. has a 52 week low of $92.31 and a 52 week high of $160.05. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 2.93. The company has a market capitalization of $15.03 billion, a P/E ratio of 20.66, a P/E/G ratio of 0.41 and a beta of 1.83. The stock’s fifty day moving average is $126.57 and its two-hundred day moving average is $136.75.

Expedia Group (NASDAQ:EXPEGet Free Report) last posted its earnings results on Thursday, May 2nd. The online travel company reported ($0.39) EPS for the quarter, beating analysts’ consensus estimates of ($0.96) by $0.57. Expedia Group had a return on equity of 41.63% and a net margin of 6.18%. The company had revenue of $2.89 billion for the quarter, compared to the consensus estimate of $2.80 billion. Equities analysts expect that Expedia Group, Inc. will post 9.35 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have commented on EXPE. B. Riley dropped their price objective on Expedia Group from $200.00 to $190.00 and set a “buy” rating on the stock in a report on Friday, May 3rd. TD Cowen dropped their price objective on Expedia Group from $165.00 to $130.00 and set a “buy” rating on the stock in a report on Friday, May 3rd. Piper Sandler lowered 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, May 3rd. StockNews.com upgraded Expedia Group from a “hold” rating to a “buy” rating in a research report on Wednesday, February 14th. Finally, Royal Bank of Canada decreased their target price on Expedia Group from $155.00 to $140.00 and set a “sector perform” rating on the stock in a research report on Friday, May 3rd. Sixteen investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $148.12.

View Our Latest Report on Expedia Group

Expedia Group Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

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