V Square Quantitative Management LLC Has $311,000 Position in Expedia Group, Inc. (NASDAQ:EXPE)

V Square Quantitative Management LLC raised its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 24.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,103 shares of the online travel company’s stock after purchasing an additional 419 shares during the period. V Square Quantitative Management LLC’s holdings in Expedia Group were worth $311,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. ORG Partners LLC boosted its position in Expedia Group by 4,525.0% during the first quarter. ORG Partners LLC now owns 185 shares of the online travel company’s stock worth $25,000 after purchasing an additional 181 shares during the period. Innealta Capital LLC acquired a new position in shares of Expedia Group during the 2nd quarter worth about $27,000. Blue Trust Inc. boosted its stake in Expedia Group by 93.8% during the 2nd quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock valued at $30,000 after purchasing an additional 105 shares during the period. Crewe Advisors LLC bought a new stake in Expedia Group during the 1st quarter valued at approximately $40,000. Finally, LRI Investments LLC acquired a new stake in Expedia Group in the 1st quarter valued at approximately $48,000. Institutional investors own 90.76% of the company’s stock.

Expedia Group Trading Up 1.0 %

Shares of EXPE opened at $159.61 on Monday. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.76 and a current ratio of 0.76. The company has a market cap of $21.75 billion, a price-to-earnings ratio of 29.89, a PEG ratio of 0.60 and a beta of 1.79. The stock has a fifty day moving average price of $141.26 and a two-hundred day moving average price of $130.07. Expedia Group, Inc. has a 52-week low of $92.48 and a 52-week high of $161.88.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, August 8th. The online travel company reported $3.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.17 by $0.34. Expedia Group had a return on equity of 47.55% and a net margin of 6.09%. The business had revenue of $3.56 billion during the quarter, compared to analysts’ expectations of $3.53 billion. During the same period in the previous year, the business posted $2.34 earnings per share. The firm’s revenue for the quarter was up 6.0% compared to the same quarter last year. Analysts predict that Expedia Group, Inc. will post 8.98 EPS for the current fiscal year.

Analyst Ratings Changes

EXPE has been the subject of several research reports. Piper Sandler reissued a “neutral” rating and issued a $140.00 price objective (down from $145.00) on shares of Expedia Group in a research report on Friday, August 9th. UBS Group decreased their price target on shares of Expedia Group from $140.00 to $137.00 and set a “neutral” rating on the stock in a research report on Friday, August 9th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $130.00 price objective on shares of Expedia Group in a research report on Monday, October 7th. Benchmark reiterated a “buy” rating and issued a $180.00 target price on shares of Expedia Group in a research note on Friday, August 9th. Finally, Wells Fargo & Company boosted their price target on Expedia Group from $130.00 to $159.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. Nineteen investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $150.85.

Insider Transactions at Expedia Group

In other news, insider Robert J. Dzielak sold 12,602 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $131.50, for a total transaction of $1,657,163.00. Following the sale, the insider now directly owns 89,960 shares of the company’s stock, valued at $11,829,740. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Expedia Group news, insider Robert J. Dzielak sold 5,417 shares of the business’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $134.60, for a total transaction of $729,128.20. Following the completion of the sale, the insider now directly owns 84,543 shares of the company’s stock, valued at approximately $11,379,487.80. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 12,602 shares of the company’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $131.50, for a total transaction of $1,657,163.00. Following the transaction, the insider now owns 89,960 shares in the company, valued at approximately $11,829,740. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 38,019 shares of company stock worth $5,390,191. Corporate insiders own 8.07% of the company’s stock.

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.