Teachers Retirement System of The State of Kentucky Has $1.84 Million Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

Teachers Retirement System of The State of Kentucky decreased its position in Expedia Group, Inc. (NASDAQ:EXPE) by 9.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 12,111 shares of the online travel company’s stock after selling 1,266 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Expedia Group were worth $1,838,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EXPE. HighTower Advisors LLC boosted its stake in Expedia Group by 27.3% in the 3rd quarter. HighTower Advisors LLC now owns 18,167 shares of the online travel company’s stock worth $1,882,000 after purchasing an additional 3,901 shares during the period. PNC Financial Services Group Inc. boosted its stake in Expedia Group by 2.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 13,275 shares of the online travel company’s stock worth $1,368,000 after purchasing an additional 334 shares during the period. Kestra Advisory Services LLC boosted its stake in Expedia Group by 40.2% in the 3rd quarter. Kestra Advisory Services LLC now owns 4,761 shares of the online travel company’s stock worth $491,000 after purchasing an additional 1,365 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new position in Expedia Group in the 3rd quarter worth $323,000. Finally, Envestnet Asset Management Inc. boosted its stake in Expedia Group by 102.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 111,768 shares of the online travel company’s stock worth $11,520,000 after purchasing an additional 56,482 shares during the period. 90.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 544 shares of the stock in a transaction that occurred on 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 owns 11,187 shares in the company, valued at approximately $1,268,382.06. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Expedia Group news, CAO Lance A. Soliday sold 544 shares of the stock in a transaction that occurred on 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 owns 11,187 shares in the company, valued at approximately $1,268,382.06. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Craig A. Jacobson sold 6,722 shares of the stock in a transaction that occurred on 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 in the company, valued at approximately $3,676,600.20. The disclosure for this sale can be found here. Insiders own 8.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on EXPE. BTIG Research reduced their target price on shares of Expedia Group from $175.00 to $150.00 and set a “buy” rating for the company in a research note on Tuesday, May 21st. B. Riley cut their price target on shares of Expedia Group from $200.00 to $190.00 and set a “buy” rating on the stock in a research report on Friday, May 3rd. Benchmark reissued a “buy” rating and set a $180.00 price target on shares of Expedia Group in a research report on Friday, May 3rd. DA Davidson reissued a “neutral” rating and set a $135.00 price target (down from $152.00) on shares of Expedia Group in a research report on Friday, May 3rd. Finally, TD Cowen cut their price target on shares of Expedia Group from $165.00 to $130.00 and set a “buy” rating on the stock in a research report on Friday, May 3rd. Sixteen 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.com, the company has a consensus rating of “Hold” and an average target price of $148.12.

Expedia Group Stock Up 1.8 %

Expedia Group stock opened at $127.72 on Friday. The stock has a market cap of $17.41 billion, a P/E ratio of 23.92, a P/E/G ratio of 0.47 and a beta of 1.78. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 2.93. Expedia Group, Inc. has a twelve month low of $92.48 and a twelve month high of $160.05. The company’s 50-day moving average price is $121.00 and its two-hundred day moving average price is $134.96.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, May 2nd. The online travel company reported ($0.39) earnings per share for the quarter, beating the consensus estimate of ($0.96) by $0.57. The firm had revenue of $2.89 billion for the quarter, compared to analysts’ expectations of $2.80 billion. Expedia Group had a net margin of 6.18% and a return on equity of 41.63%. As a group, analysts expect that Expedia Group, Inc. will post 9.33 EPS for the current year.

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.