Jones Financial Companies Lllp Purchases 2,725 Shares of Expedia Group, Inc. $EXPE

Jones Financial Companies Lllp grew its position in Expedia Group, Inc. (NASDAQ:EXPEFree Report) by 34.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,635 shares of the online travel company’s stock after buying an additional 2,725 shares during the period. Jones Financial Companies Lllp’s holdings in Expedia Group were worth $2,370,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank acquired a new stake in Expedia Group in the second quarter valued at approximately $663,882,000. AQR Capital Management LLC boosted its position in shares of Expedia Group by 102.0% in the 2nd quarter. AQR Capital Management LLC now owns 2,917,669 shares of the online travel company’s stock worth $492,152,000 after purchasing an additional 1,473,386 shares in the last quarter. LSV Asset Management grew its stake in Expedia Group by 497.0% during the 2nd quarter. LSV Asset Management now owns 871,837 shares of the online travel company’s stock worth $147,061,000 after buying an additional 725,797 shares during the last quarter. Meridiem Capital Partners LP acquired a new position in Expedia Group during the 2nd quarter valued at about $26,131,000. Finally, Natixis increased its position in Expedia Group by 1,175.3% during the 2nd quarter. Natixis now owns 166,372 shares of the online travel company’s stock valued at $28,064,000 after buying an additional 153,326 shares in the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Key Headlines Impacting Expedia Group

Here are the key news stories impacting Expedia Group this week:

Insiders Place Their Bets

In other Expedia Group news, CAO Lance A. Soliday sold 849 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $248.08, for a total value of $210,619.92. Following the completion of the transaction, the chief accounting officer owned 11,662 shares in the company, valued at approximately $2,893,108.96. This represents a 6.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Craig A. Jacobson sold 3,000 shares of the firm’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $271.55, for a total value of $814,650.00. Following the sale, the director owned 30,858 shares in the company, valued at $8,379,489.90. This trade represents a 8.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 4,849 shares of company stock worth $1,283,270. Company insiders own 9.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on EXPE shares. Bank of America raised their price target on Expedia Group from $285.00 to $326.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Benchmark boosted their target price on shares of Expedia Group from $265.00 to $310.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Piper Sandler raised shares of Expedia Group from an “underweight” rating to a “neutral” rating and raised their price target for the stock from $190.00 to $250.00 in a report on Friday, November 7th. Susquehanna boosted their price objective on shares of Expedia Group from $200.00 to $265.00 and gave the company a “neutral” rating in a report on Monday, November 10th. Finally, Robert W. Baird upped their target price on Expedia Group from $240.00 to $280.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Thirteen analysts have rated the stock with a Buy rating and twenty-one have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $290.87.

Check Out Our Latest Stock Report on EXPE

Expedia Group Stock Performance

NASDAQ EXPE opened at $236.85 on Monday. The firm has a market capitalization of $29.02 billion, a P/E ratio of 22.67, a PEG ratio of 0.76 and a beta of 1.42. The stock has a 50-day simple moving average of $276.50 and a two-hundred day simple moving average of $239.25. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.74 and a current ratio of 0.74. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $303.80.

Expedia Group (NASDAQ:EXPEGet Free Report) last posted its earnings results on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, topping the consensus estimate of $7.10 by $0.47. Expedia Group had a return on equity of 64.15% and a net margin of 9.66%.The firm had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.28 billion. During the same period last year, the company earned $6.13 earnings per share. Expedia Group’s revenue for the quarter was up 8.7% compared to the same quarter last year. On average, equities analysts forecast that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

About Expedia Group

(Free Report)

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.

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

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