Czech National Bank Sells 342 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Czech National Bank decreased its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 1.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,010 shares of the online travel company’s stock after selling 342 shares during the period. Czech National Bank’s holdings in Expedia Group were worth $3,170,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. University of Texas Texas AM Investment Managment Co. bought a new stake in shares of Expedia Group during the fourth quarter worth $26,000. City State Bank increased its position in shares of Expedia Group by 157.3% during the fourth quarter. City State Bank now owns 193 shares of the online travel company’s stock worth $29,000 after acquiring an additional 118 shares in the last quarter. CVA Family Office LLC bought a new stake in shares of Expedia Group during the fourth quarter worth $32,000. MV Capital Management Inc. boosted its holdings in Expedia Group by 335.6% during the fourth quarter. MV Capital Management Inc. now owns 318 shares of the online travel company’s stock worth $48,000 after purchasing an additional 245 shares during the last quarter. Finally, Parkside Financial Bank & Trust boosted its holdings in Expedia Group by 173.0% during the third quarter. Parkside Financial Bank & Trust now owns 344 shares of the online travel company’s stock worth $35,000 after purchasing an additional 218 shares during the last quarter. Institutional investors own 90.76% of the company’s stock.

Insider Buying and Selling

In related news, CAO Lance A. Soliday sold 544 shares of the firm’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $113.38, for a total transaction of $61,678.72. Following the transaction, the chief accounting officer now directly owns 11,187 shares of the company’s stock, valued at $1,268,382.06. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, CAO Lance A. Soliday sold 544 shares of the firm’s stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $113.38, for a total value of $61,678.72. Following the sale, the chief accounting officer now directly owns 11,187 shares in the company, valued at approximately $1,268,382.06. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Craig A. Jacobson sold 6,722 shares of the firm’s stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $112.71, for a total transaction of $757,636.62. Following the completion of the sale, the director now owns 32,620 shares in the company, valued at $3,676,600.20. The disclosure for this sale can be found here. 8.07% of the stock is owned by insiders.

Expedia Group Stock Performance

NASDAQ EXPE opened at $127.72 on Friday. The firm has a 50-day moving average of $121.00 and a 200-day moving average of $134.96. The company has a debt-to-equity ratio of 2.93, a quick ratio of 0.79 and a current ratio of 0.79. The stock has a market cap of $17.41 billion, a PE ratio of 23.92, a P/E/G ratio of 0.47 and a beta of 1.78. Expedia Group, Inc. has a 52-week low of $92.48 and a 52-week high of $160.05.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, May 2nd. The online travel company reported ($0.39) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.96) by $0.57. Expedia Group had a net margin of 6.18% and a return on equity of 41.63%. The company had revenue of $2.89 billion during the quarter, compared to analysts’ expectations of $2.80 billion. On average, sell-side analysts anticipate that Expedia Group, Inc. will post 9.33 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently commented on EXPE shares. HSBC reduced their target price on shares of Expedia Group from $166.00 to $132.00 and set a “hold” rating for the company in a report on Tuesday, May 7th. Piper Sandler cut shares of Expedia Group from an “overweight” rating to a “neutral” rating and reduced their target price for the stock from $175.00 to $145.00 in a report on Friday, May 3rd. B. Riley reduced their target price on shares of Expedia Group from $200.00 to $190.00 and set a “buy” rating for the company in a report on Friday, May 3rd. BMO Capital Markets restated a “market perform” rating and set a $145.00 target price on shares of Expedia Group in a report on Wednesday, May 15th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Expedia Group from $136.00 to $128.00 and set a “neutral” rating for the company in a report on Friday, May 3rd. Sixteen investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, Expedia Group has an average rating of “Hold” and a consensus target price of $148.12.

Expedia Group 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.