Cwm LLC Sells 3,642 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Cwm LLC lowered its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 2.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 136,220 shares of the online travel company’s stock after selling 3,642 shares during the quarter. Cwm LLC owned approximately 0.10% of Expedia Group worth $20,677,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Almanack Investment Partners LLC. bought a new position in Expedia Group during the third quarter worth about $26,000. Clear Street Markets LLC boosted its position in Expedia Group by 88.3% during the first quarter. Clear Street Markets LLC now owns 290 shares of the online travel company’s stock worth $28,000 after purchasing an additional 136 shares during the period. City State Bank boosted its position in Expedia Group by 157.3% during the fourth quarter. City State Bank now owns 193 shares of the online travel company’s stock worth $29,000 after purchasing an additional 118 shares during the period. CVA Family Office LLC bought a new position in Expedia Group during the fourth quarter worth about $32,000. Finally, Parkside Financial Bank & Trust boosted its position in Expedia Group by 173.0% during the third quarter. Parkside Financial Bank & Trust now owns 344 shares of the online travel company’s stock worth $35,000 after purchasing an additional 218 shares during the period. Institutional investors own 90.76% of the company’s stock.

Expedia Group Trading Up 0.5 %

EXPE stock opened at $129.00 on Monday. The company has a market capitalization of $17.58 billion, a PE ratio of 23.98, a price-to-earnings-growth ratio of 0.39 and a beta of 1.86. Expedia Group, Inc. has a one year low of $87.94 and a one year high of $160.05. The company’s 50 day moving average price is $134.37 and its two-hundred day moving average price is $133.18. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.78 and a current ratio of 0.78.

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

Insiders Place Their Bets

In other news, CAO Lance A. Soliday sold 5,119 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total value of $702,377.99. Following the transaction, the chief accounting officer now owns 10,880 shares in the company, valued at $1,492,844.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the director now owns 216,521 shares in the company, valued at $32,486,810.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Lance A. Soliday sold 5,119 shares of the firm’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 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 approximately $1,492,844.80. The disclosure for this sale can be found here. Insiders own 8.07% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on EXPE. Bank of America lowered shares of Expedia Group from a “buy” rating to a “neutral” rating and set a $156.00 target price for the company. in a research report on Friday, February 9th. Ascendiant Capital Markets raised their price objective on shares of Expedia Group from $133.00 to $168.00 and gave the company a “buy” rating in a research report on Friday, December 29th. StockNews.com upgraded shares of Expedia Group from a “hold” rating to a “buy” rating in a research report on Wednesday, February 14th. Oppenheimer restated an “outperform” rating and issued a $175.00 price objective on shares of Expedia Group in a research report on Monday, February 5th. Finally, Jefferies Financial Group cut their price objective on shares of Expedia Group from $150.00 to $145.00 and set a “hold” rating for the company in a research report on Tuesday, March 19th. Thirteen research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target 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.