Measured Wealth Private Client Group LLC Buys New Shares in Expedia Group, Inc. (NASDAQ:EXPE)

Measured Wealth Private Client Group LLC acquired a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the 1st quarter, HoldingsChannel.com reports. The firm acquired 2,091 shares of the online travel company’s stock, valued at approximately $288,000.

Other large investors also recently bought and sold shares of the company. University of Texas Texas AM Investment Managment Co. purchased a new stake in Expedia Group in the 4th quarter valued at about $26,000. City State Bank grew its stake in Expedia Group by 157.3% in the fourth quarter. City State Bank now owns 193 shares of the online travel company’s stock worth $29,000 after purchasing an additional 118 shares in the last quarter. CVA Family Office LLC bought a new stake in Expedia Group during the 4th quarter valued at $32,000. MV Capital Management Inc. lifted its holdings in shares of Expedia Group by 335.6% in the 4th quarter. MV Capital Management Inc. now owns 318 shares of the online travel company’s stock worth $48,000 after buying an additional 245 shares during the period. Finally, Mather Group LLC. purchased a new stake in shares of Expedia Group in the 1st quarter worth $52,000. Institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Up 0.3 %

NASDAQ:EXPE opened at $122.86 on Wednesday. Expedia Group, Inc. has a 52 week low of $92.48 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 stock’s fifty day moving average is $120.67 and its two-hundred day moving average is $134.09. The stock has a market capitalization of $16.74 billion, a price-to-earnings ratio of 23.01, a price-to-earnings-growth ratio of 0.47 and a beta of 1.78.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, May 2nd. The online travel company reported ($0.39) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.96) by $0.57. Expedia Group had a net margin of 6.18% and a return on equity of 41.63%. The business had revenue of $2.89 billion for the quarter, compared to analysts’ expectations of $2.80 billion. Research analysts anticipate that Expedia Group, Inc. will post 9.25 EPS for the current year.

Insiders Place Their Bets

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

Analyst Ratings Changes

EXPE has been the subject of several recent research reports. Oppenheimer restated an “outperform” rating and issued a $175.00 price objective on shares of Expedia Group in a report on Monday, April 29th. Royal Bank of Canada decreased their target price on Expedia Group from $155.00 to $140.00 and set a “sector perform” rating for the company in a report on Friday, May 3rd. HSBC decreased their price objective on shares of Expedia Group from $166.00 to $132.00 and set a “hold” rating for the company in a research note on Tuesday, May 7th. Wedbush cut their price objective on shares of Expedia Group from $130.00 to $125.00 and set a “neutral” rating on the stock in a research note on Friday, May 3rd. Finally, Jefferies Financial Group lowered their price target on shares of Expedia Group from $150.00 to $145.00 and set a “hold” rating on the stock in a report on Tuesday, March 19th. Sixteen analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, Expedia Group presently has a consensus rating of “Hold” and an average price target 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.