1,562 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Acquired by Clarius Group LLC

Clarius Group LLC bought a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,562 shares of the online travel company’s stock, valued at approximately $237,000.

A number of other institutional investors also recently added to or reduced their stakes in EXPE. City State Bank increased its stake in Expedia Group by 157.3% during the 4th quarter. City State Bank now owns 193 shares of the online travel company’s stock valued at $29,000 after buying an additional 118 shares during the period. CVA Family Office LLC acquired a new position in shares of Expedia Group during the 4th quarter valued at $32,000. Salem Investment Counselors Inc. bought a new stake in shares of Expedia Group in the 1st quarter worth $44,000. Covestor Ltd lifted its holdings in shares of Expedia Group by 144.1% in 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 during the period. Finally, Almanack Investment Partners LLC. bought a new position in Expedia Group during the third quarter valued at about $26,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Trading Down 1.4 %

Shares of EXPE stock opened at $128.65 on Tuesday. Expedia Group, Inc. has a 12 month low of $87.94 and a 12 month high of $160.05. The company has a market cap of $17.53 billion, a PE ratio of 23.91, a price-to-earnings-growth ratio of 0.40 and a beta of 1.86. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 2.24. The business’s 50 day moving average is $136.05 and its two-hundred day moving average is $132.40.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, February 8th. The online travel company reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $0.10. The business 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%. Equities analysts predict that Expedia Group, Inc. will post 9.74 EPS for the current year.

Insider Transactions at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $150.04, for a total value of $1,500,400.00. Following the completion of the transaction, the director now owns 216,521 shares in the company, valued at approximately $32,486,810.84. The sale was disclosed in a filing with the SEC, which is available at this link. In related news, CAO Lance A. Soliday sold 5,119 shares of the business’s stock in a transaction 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 owns 10,880 shares of the company’s stock, valued at approximately $1,492,844.80. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $150.04, for a total value of $1,500,400.00. Following the completion of the sale, the director now owns 216,521 shares in the company, valued at $32,486,810.84. The disclosure for this sale can be found here. 8.07% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

EXPE has been the topic of several recent research reports. BTIG Research lifted their price objective on shares of Expedia Group from $150.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday, December 27th. Benchmark lifted their price target on shares of Expedia Group from $160.00 to $180.00 and gave the stock a “buy” rating in a research report on Tuesday, February 6th. Wedbush reiterated a “neutral” rating and set a $130.00 price objective on shares of Expedia Group in a research report on Friday, February 9th. Royal Bank of Canada restated a “sector perform” rating and issued a $155.00 target price on shares of Expedia Group in a report on Friday, February 9th. Finally, Jefferies Financial Group reduced their target price on Expedia Group from $150.00 to $145.00 and set a “hold” rating for the company in a report on Tuesday, March 19th. Thirteen investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat.com, Expedia Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $149.12.

Expedia Group 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.