Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC reduced its stake in Expedia Group, Inc. (NASDAQ:EXPEGet Rating) by 25.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,041 shares of the online travel company’s stock after selling 692 shares during the period. Kestra Private Wealth Services LLC’s holdings in Expedia Group were worth $399,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. KC Investment Advisors LLC lifted its position in Expedia Group by 1.8% during the 4th quarter. KC Investment Advisors LLC now owns 3,117 shares of the online travel company’s stock worth $563,000 after acquiring an additional 55 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in Expedia Group by 41.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 197 shares of the online travel company’s stock valued at $36,000 after purchasing an additional 58 shares in the last quarter. Veritable L.P. lifted its holdings in Expedia Group by 2.3% in the 1st quarter. Veritable L.P. now owns 3,574 shares of the online travel company’s stock worth $699,000 after buying an additional 79 shares in the last quarter. Trust Asset Management LLC boosted its position in Expedia Group by 6.3% in the 1st quarter. Trust Asset Management LLC now owns 1,429 shares of the online travel company’s stock valued at $280,000 after buying an additional 85 shares during the last quarter. Finally, CAPROCK Group Inc. grew its stake in shares of Expedia Group by 4.0% during the first quarter. CAPROCK Group Inc. now owns 2,255 shares of the online travel company’s stock valued at $441,000 after acquiring an additional 86 shares in the last quarter. 97.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. DA Davidson reduced their price target on Expedia Group from $195.00 to $122.00 and set a “neutral” rating for the company in a report on Monday, September 12th. Barclays increased their price objective on shares of Expedia Group from $157.00 to $161.00 and gave the company an “overweight” rating in a research note on Friday, August 5th. JPMorgan Chase & Co. dropped their target price on shares of Expedia Group from $206.00 to $125.00 and set a “neutral” rating for the company in a research report on Wednesday, June 29th. Morgan Stanley decreased their price target on Expedia Group from $140.00 to $128.00 and set an “equal weight” rating for the company in a research note on Tuesday, August 23rd. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on Expedia Group from $235.00 to $130.00 and set a “buy” rating on the stock in a report on Monday, August 1st. Fourteen investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat, Expedia Group has a consensus rating of “Hold” and a consensus price target of $166.42.

Expedia Group Stock Performance

Shares of NASDAQ EXPE opened at $102.49 on Tuesday. The business’s 50-day simple moving average is $104.02 and its 200-day simple moving average is $132.96. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.85 and a current ratio of 0.85. Expedia Group, Inc. has a 52 week low of $88.70 and a 52 week high of $217.72. The firm has a market cap of $16.15 billion, a price-to-earnings ratio of 50.00, a P/E/G ratio of 1.46 and a beta of 1.58.

Expedia Group (NASDAQ:EXPEGet Rating) last announced its quarterly earnings data on Thursday, August 4th. The online travel company reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.39. Expedia Group had a return on equity of 22.14% and a net margin of 4.26%. The company had revenue of $3.18 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same quarter last year, the firm earned ($1.77) EPS. Expedia Group’s revenue for the quarter was up 50.7% compared to the same quarter last year. As a group, equities research analysts expect that Expedia Group, Inc. will post 5 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Expedia Group news, CAO Lance A. Soliday sold 636 shares of the company’s stock in a transaction on Monday, August 15th. The stock was sold at an average price of $114.04, for a total value of $72,529.44. Following the sale, the chief accounting officer now directly owns 8,949 shares in the company, valued at $1,020,543.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CAO Lance A. Soliday sold 636 shares of the firm’s stock in a transaction on Monday, August 15th. The stock was sold at an average price of $114.04, for a total transaction of $72,529.44. Following the completion of the sale, the chief accounting officer now directly owns 8,949 shares of the company’s stock, valued at approximately $1,020,543.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jonathan L. Dolgen sold 1,000 shares of the stock in a transaction on Wednesday, September 7th. The stock was sold at an average price of $101.55, for a total value of $101,550.00. Following the sale, the director now owns 37,779 shares in the company, valued at approximately $3,836,457.45. The disclosure for this sale can be found here. 7.52% of the stock is owned by corporate insiders.

Expedia Group Company Profile

(Get Rating)

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through Retail, B2B, and trivago segments. Its brand portfolio include Brand Expedia, a full-service online travel brand with localized websites; Hotels.com for marketing and distributing lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, and CheapTickets travel websites; ebookers, an online EMEA travel agent for travelers an array of travel options; Hotwire, which offers travel booking services; CarRentals.com, an online car rental booking service; Classic Vacations, a luxury travel specialist; and Expedia Cruise, a provider of advice for travelers booking cruises.

Featured Stories

Want to see what other hedge funds are holding EXPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Expedia Group, Inc. (NASDAQ:EXPEGet Rating).

Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

Receive News & Ratings for Expedia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia Group and related companies with MarketBeat.com's FREE daily email newsletter.