Atria Wealth Solutions Inc. Sells 442 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Atria Wealth Solutions Inc. reduced its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 9.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,216 shares of the online travel company’s stock after selling 442 shares during the period. Atria Wealth Solutions Inc.’s holdings in Expedia Group were worth $640,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Boston Partners lifted its holdings in Expedia Group by 1.3% during the 3rd quarter. Boston Partners now owns 2,567,830 shares of the online travel company’s stock valued at $264,627,000 after purchasing an additional 32,191 shares during the last quarter. Northern Trust Corp raised its stake in shares of Expedia Group by 1.5% in the third quarter. Northern Trust Corp now owns 1,557,816 shares of the online travel company’s stock worth $160,564,000 after acquiring an additional 22,518 shares during the last quarter. Clearbridge Investments LLC raised its stake in shares of Expedia Group by 2.0% in the third quarter. Clearbridge Investments LLC now owns 949,423 shares of the online travel company’s stock worth $97,857,000 after acquiring an additional 18,471 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Expedia Group by 7.9% in the third quarter. AQR Capital Management LLC now owns 769,665 shares of the online travel company’s stock worth $79,329,000 after acquiring an additional 56,186 shares during the last quarter. Finally, Equity Investment Corp raised its stake in shares of Expedia Group by 2.6% in the third quarter. Equity Investment Corp now owns 698,366 shares of the online travel company’s stock worth $71,981,000 after acquiring an additional 17,727 shares during the last quarter. 90.76% of the stock is owned by institutional investors.

Expedia Group Stock Down 15.3 %

Expedia Group stock opened at $115.33 on Friday. The stock has a market capitalization of $15.72 billion, a PE ratio of 21.60, a price-to-earnings-growth ratio of 0.42 and a beta of 1.83. Expedia Group, Inc. has a twelve month low of $87.94 and a twelve month high of $160.05. 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 company has a 50 day moving average of $133.81 and a 200-day moving average of $134.96.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, February 8th. The online travel company reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.10. The company had revenue of $2.89 billion during the quarter, compared to analysts’ expectations of $2.88 billion. Expedia Group had a net margin of 6.18% and a return on equity of 38.69%. On average, equities research analysts anticipate that Expedia Group, Inc. will post 9.7 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

EXPE has been the subject of a number of research analyst reports. Benchmark reaffirmed a “buy” rating and issued a $180.00 target price on shares of Expedia Group in a research note on Friday. Jefferies Financial Group dropped their target price on shares of Expedia Group from $150.00 to $145.00 and set a “hold” rating for the company in a research note on Tuesday, March 19th. Oppenheimer reaffirmed an “outperform” rating and issued a $175.00 target price on shares of Expedia Group in a research note on Monday, April 29th. The Goldman Sachs Group lifted their price target on shares of Expedia Group from $155.00 to $190.00 and gave the stock a “buy” rating in a research report on Friday, January 19th. Finally, Royal Bank of Canada lowered their price target on shares of Expedia Group from $155.00 to $140.00 and set a “sector perform” rating for the company in a research report on Friday. Fifteen analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $148.08.

Insider Transactions at Expedia Group

In other news, CAO Lance A. Soliday sold 5,119 shares of the business’s stock in a transaction 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 sale, the chief accounting officer now owns 10,880 shares of the company’s stock, valued at $1,492,844.80. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 8.07% of the stock is currently owned by insiders.

About Expedia Group

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.