Expedia Group, Inc. (NASDAQ:EXPE) Shares Acquired by US Bancorp DE

US Bancorp DE raised its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 23.9% in the third quarter, Holdings Channel.com reports. The firm owned 14,103 shares of the online travel company’s stock after buying an additional 2,725 shares during the period. US Bancorp DE’s holdings in Expedia Group were worth $2,088,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. ORG Partners LLC lifted its position in shares of 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 last quarter. Innealta Capital LLC acquired a new stake in Expedia Group during the second quarter valued at approximately $27,000. Blue Trust Inc. lifted its holdings in Expedia Group by 93.8% during the 2nd quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock worth $30,000 after buying an additional 105 shares during the last quarter. Crewe Advisors LLC acquired a new position in shares of Expedia Group in the 1st quarter worth approximately $40,000. Finally, LRI Investments LLC bought a new stake in shares of Expedia Group in the 1st quarter valued at approximately $48,000. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Robert J. Dzielak sold 5,417 shares of Expedia Group stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $134.60, for a total value of $729,128.20. Following the transaction, the insider now owns 84,543 shares of the company’s stock, valued at $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 is accessible through this link. In other news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction on Friday, September 27th. The stock was sold at an average price of $150.21, for a total transaction of $1,502,100.00. Following the completion of the sale, the director now directly owns 208,505 shares of the company’s stock, valued at $31,319,536.05. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Robert J. Dzielak sold 5,417 shares of the business’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $134.60, for a total value of $729,128.20. Following the sale, the insider now directly owns 84,543 shares in the company, valued at $11,379,487.80. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 48,019 shares of company stock worth $6,958,891. Corporate insiders own 6.80% of the company’s stock.

Expedia Group Stock Performance

Shares of NASDAQ EXPE opened at $171.85 on Thursday. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $173.61. 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 stock has a fifty day moving average price of $148.31 and a two-hundred day moving average price of $132.84. The firm has a market cap of $22.37 billion, a P/E ratio of 30.69, a PEG ratio of 0.62 and a beta of 1.78.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, August 8th. The online travel company reported $3.51 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.53 billion. During the same period in the previous year, the company earned $2.34 earnings per share. Expedia Group’s revenue was up 6.0% compared to the same quarter last year. Research analysts forecast that Expedia Group, Inc. will post 8.99 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have commented on EXPE shares. Piper Sandler reaffirmed a “neutral” rating and issued a $140.00 price objective (down previously from $145.00) on shares of Expedia Group in a report on Friday, August 9th. Wells Fargo & Company boosted their price objective on shares of Expedia Group from $130.00 to $159.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 8th. StockNews.com raised shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Friday, November 1st. Bank of America upped their target price on Expedia Group from $144.00 to $166.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $140.00 price objective on shares of Expedia Group in a research report on Friday, August 9th. Nineteen investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $152.54.

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.