Expedia Group, Inc. (NASDAQ:EXPE) Short Interest Up 7.0% in December

Expedia Group, Inc. (NASDAQ:EXPEGet Rating) was the target of a significant increase in short interest in the month of December. As of December 30th, there was short interest totalling 4,760,000 shares, an increase of 7.0% from the December 15th total of 4,450,000 shares. Based on an average trading volume of 2,440,000 shares, the days-to-cover ratio is presently 2.0 days.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Mizuho reduced their target price on shares of Expedia Group from $132.00 to $102.00 and set a “neutral” rating on the stock in a research report on Friday, November 4th. Jefferies Financial Group cut their price objective on shares of Expedia Group from $120.00 to $100.00 and set a “hold” rating on the stock in a report on Thursday, October 6th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Expedia Group from $130.00 to $135.00 in a report on Friday, November 4th. DA Davidson cut their price objective on shares of Expedia Group from $122.00 to $108.00 in a report on Monday, December 12th. Finally, Wolfe Research lowered shares of Expedia Group from a “peer perform” rating to an “underperform” rating and set a $85.00 price objective on the stock. in a report on Wednesday, December 7th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $145.72.

Expedia Group Trading Down 0.5 %

NASDAQ EXPE opened at $115.17 on Wednesday. The company has a market capitalization of $17.98 billion, a PE ratio of 42.19, a P/E/G ratio of 1.11 and a beta of 1.56. The company has a fifty day moving average of $96.50 and a 200 day moving average of $98.72. Expedia Group has a 1 year low of $82.39 and a 1 year high of $217.72. The company has a debt-to-equity ratio of 1.68, a current ratio of 0.83 and a quick ratio of 0.83.

Expedia Group (NASDAQ:EXPEGet Rating) last posted its earnings results on Thursday, November 3rd. The online travel company reported $3.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.51 by $0.05. Expedia Group had a net margin of 4.95% and a return on equity of 24.05%. The company had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.55 billion. Research analysts forecast that Expedia Group will post 5.64 earnings per share for the current year.

Insider Transactions at Expedia Group

In other news, CAO Lance A. Soliday sold 635 shares of the firm’s stock in a transaction that occurred on Tuesday, November 15th. The shares were sold at an average price of $100.18, for a total transaction of $63,614.30. Following the transaction, the chief accounting officer now directly owns 8,949 shares of the company’s stock, valued at $896,510.82. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 7.52% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Tower Bridge Advisors increased its holdings in Expedia Group by 2.1% in the second quarter. Tower Bridge Advisors now owns 4,840 shares of the online travel company’s stock valued at $459,000 after buying an additional 100 shares in the last quarter. Wetherby Asset Management Inc. increased its holdings in Expedia Group by 3.9% in the first quarter. Wetherby Asset Management Inc. now owns 2,694 shares of the online travel company’s stock valued at $527,000 after buying an additional 100 shares in the last quarter. IHT Wealth Management LLC increased its holdings in Expedia Group by 3.3% in the third quarter. IHT Wealth Management LLC now owns 3,215 shares of the online travel company’s stock valued at $301,000 after buying an additional 104 shares in the last quarter. Forum Financial Management LP increased its holdings in Expedia Group by 8.5% in the first quarter. Forum Financial Management LP now owns 1,411 shares of the online travel company’s stock valued at $276,000 after buying an additional 110 shares in the last quarter. Finally, Altman Advisors Inc. increased its holdings in Expedia Group by 1.4% in the second quarter. Altman Advisors Inc. now owns 8,121 shares of the online travel company’s stock valued at $844,000 after buying an additional 112 shares in the last quarter. Hedge funds and other institutional investors own 89.89% of the company’s stock.

Expedia Group Company Profile

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Expedia Group, Inc is an online travel company, which engages in the provision of travel products and services to leisure and corporate travelers. It operates through the following business segments: Retail, B2B and trivago. The Retail segment provides a full range of travel and advertising services to worldwide customers through a variety of consumer brands including: Expedia.com and Hotels.com.

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