1,116 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Acquired by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC bought a new stake in Expedia Group, Inc. (NASDAQ:EXPE) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,116 shares of the online travel company’s stock, valued at approximately $204,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Grove Bank & Trust increased its position in shares of Expedia Group by 676.2% during the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after acquiring an additional 142 shares in the last quarter. Venturi Wealth Management LLC increased its holdings in Expedia Group by 709.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after purchasing an additional 291 shares in the last quarter. Brooklyn Investment Group acquired a new stake in shares of Expedia Group in the 3rd quarter valued at about $51,000. UMB Bank n.a. lifted its holdings in shares of Expedia Group by 14.8% in the fourth quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock valued at $91,000 after purchasing an additional 63 shares in the last quarter. Finally, Future Financial Wealth Managment LLC acquired a new position in shares of Expedia Group during the third quarter worth about $74,000. 90.76% of the stock is owned by institutional investors.

Insider Activity at Expedia Group

In other news, CAO Lance A. Soliday sold 7,000 shares of Expedia Group stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $181.99, for a total value of $1,273,930.00. Following the transaction, the chief accounting officer now owns 11,187 shares in the company, valued at approximately $2,035,922.13. This trade represents a 38.49 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total value of $1,851,500.00. Following the sale, the director now owns 168,505 shares of the company’s stock, valued at approximately $31,198,700.75. This represents a 5.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 28,951 shares of company stock worth $5,174,510. Company insiders own 6.80% of the company’s stock.

Expedia Group Stock Up 0.7 %

EXPE opened at $169.73 on Thursday. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. The stock has a fifty day moving average of $182.62 and a 200-day moving average of $159.76. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $192.34. The company has a market capitalization of $21.78 billion, a P/E ratio of 21.84, a P/E/G ratio of 0.77 and a beta of 1.82.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, November 7th. The online travel company reported $5.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.42 by ($0.24). Expedia Group had a net margin of 7.97% and a return on equity of 49.25%. The business had revenue of $4.06 billion during the quarter, compared to the consensus estimate of $4.11 billion. During the same period in the prior year, the firm earned $4.85 EPS. On average, equities analysts expect that Expedia Group, Inc. will post 8.76 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on EXPE. Barclays lifted their target price on Expedia Group from $153.00 to $166.00 and gave the company an “equal weight” rating in a research report on Monday, January 13th. JMP Securities reissued a “market perform” rating on shares of Expedia Group in a research report on Monday, December 16th. Jefferies Financial Group increased their target price on shares of Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a report on Tuesday, October 22nd. UBS Group lifted their price target on shares of Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. Finally, Cantor Fitzgerald reduced their price objective on shares of Expedia Group from $190.00 to $180.00 and set a “neutral” rating for the company in a research note on Wednesday, January 29th. Twenty analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $177.75.

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.