Expedia Group, Inc. (NASDAQ:EXPE) Shares Purchased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC grew its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 4.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 61,858 shares of the online travel company’s stock after purchasing an additional 2,671 shares during the period. Nisa Investment Advisors LLC’s holdings in Expedia Group were worth $9,389,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. City State Bank increased its position in shares of Expedia Group by 157.3% in the fourth quarter. City State Bank now owns 193 shares of the online travel company’s stock worth $29,000 after acquiring an additional 118 shares in the last quarter. CVA Family Office LLC acquired a new stake in Expedia Group during the 4th quarter valued at $32,000. Salem Investment Counselors Inc. purchased a new stake in shares of Expedia Group in the first quarter valued at $44,000. Covestor Ltd grew its holdings in shares of Expedia Group by 144.1% during the first quarter. Covestor Ltd now owns 271 shares of the online travel company’s stock valued at $53,000 after buying an additional 160 shares in the last quarter. Finally, Almanack Investment Partners LLC. purchased a new stake in Expedia Group in the 3rd quarter worth about $26,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

EXPE has been the subject of a number of research analyst reports. JPMorgan Chase & Co. increased their price target on shares of Expedia Group from $115.00 to $136.00 and gave the stock a “neutral” rating in a research report on Friday, February 9th. Wells Fargo & Company lowered their price target on shares of Expedia Group from $159.00 to $155.00 and set an “equal weight” rating on the stock in a report on Friday, February 9th. Mizuho lifted their price objective on Expedia Group from $130.00 to $140.00 and gave the company a “neutral” rating in a research report on Tuesday, February 6th. Oppenheimer reaffirmed an “outperform” rating and issued a $175.00 target price on shares of Expedia Group in a research report on Monday, February 5th. Finally, BMO Capital Markets initiated coverage on Expedia Group in a research note on Tuesday, January 9th. They issued an “outperform” rating and a $181.00 price target for the company. Thirteen investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat, Expedia Group presently has an average rating of “Moderate Buy” and a consensus price target of $149.12.

Insider Buying and Selling

In other news, CAO Lance A. Soliday sold 5,119 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total value of $702,377.99. Following the sale, the chief accounting officer now directly owns 10,880 shares in the company, valued at approximately $1,492,844.80. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In related news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $150.04, for a total transaction of $1,500,400.00. Following the completion of the transaction, the director now directly owns 216,521 shares of the company’s stock, valued at approximately $32,486,810.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Lance A. Soliday sold 5,119 shares of the business’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total transaction of $702,377.99. Following the completion of the transaction, the chief accounting officer now owns 10,880 shares in the company, valued at $1,492,844.80. The disclosure for this sale can be found here. Company insiders own 8.07% of the company’s stock.

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $133.27 on Wednesday. The firm has a market capitalization of $18.16 billion, a PE ratio of 24.77, a PEG ratio of 0.40 and a beta of 1.86. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 2.24. Expedia Group, Inc. has a 1-year low of $87.94 and a 1-year high of $160.05. The business’s 50 day moving average is $137.62 and its 200-day moving average is $131.55.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, February 8th. The online travel company reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.10. The firm had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.88 billion. Expedia Group had a net margin of 6.21% and a return on equity of 35.79%. Sell-side analysts predict that Expedia Group, Inc. will post 9.74 earnings per share for the current year.

Expedia Group Company 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.