Oak Thistle LLC Has $465,000 Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Oak Thistle LLC raised its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 148.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,377 shares of the online travel company’s stock after acquiring an additional 2,016 shares during the quarter. Oak Thistle LLC’s holdings in Expedia Group were worth $465,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. University of Texas Texas AM Investment Managment Co. bought a new position in shares of Expedia Group during the 4th quarter worth about $26,000. City State Bank raised its stake in Expedia Group by 157.3% during the 4th quarter. City State Bank now owns 193 shares of the online travel company’s stock worth $29,000 after buying an additional 118 shares during the period. CVA Family Office LLC acquired a new position in Expedia Group during the 4th quarter worth approximately $32,000. MV Capital Management Inc. boosted its holdings in Expedia Group by 335.6% in the fourth quarter. MV Capital Management Inc. now owns 318 shares of the online travel company’s stock worth $48,000 after acquiring an additional 245 shares in the last quarter. Finally, Mather Group LLC. acquired a new stake in Expedia Group in the first quarter valued at approximately $52,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Craig A. Jacobson sold 6,722 shares of the business’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $112.71, for a total value of $757,636.62. Following the transaction, the director now directly owns 32,620 shares of the company’s stock, valued at approximately $3,676,600.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, CAO Lance A. Soliday sold 544 shares of Expedia Group 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 completion of the transaction, 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Craig A. Jacobson sold 6,722 shares of the stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $112.71, for a total value of $757,636.62. Following the sale, 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. 8.07% of the stock is owned by insiders.

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $122.50 on Tuesday. The company’s 50-day moving average is $120.85 and its 200 day moving average is $134.27. 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 company has a market capitalization of $16.70 billion, a P/E ratio of 22.94, a price-to-earnings-growth ratio of 0.47 and a beta of 1.78. Expedia Group, Inc. has a fifty-two week low of $92.48 and a fifty-two week high of $160.05.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Evercore ISI lowered their target price on Expedia Group from $190.00 to $175.00 and set an “outperform” rating on the stock in a research report on Friday, May 3rd. Susquehanna reaffirmed a “neutral” rating and issued a $125.00 price objective on shares of Expedia Group in a research note on Wednesday, May 15th. Benchmark reissued a “buy” rating and set a $180.00 target price on shares of Expedia Group in a research report on Friday, May 3rd. Barclays dropped their price target on shares of Expedia Group from $158.00 to $138.00 and set an “equal weight” rating on the stock in a research report on Monday, May 6th. Finally, DA Davidson reissued a “neutral” rating and set a $135.00 price objective (down from $152.00) on shares of Expedia Group in a report on Friday, May 3rd. Sixteen analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $148.12.

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.