Commerzbank Aktiengesellschaft FI Buys 204 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Commerzbank Aktiengesellschaft FI grew its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 6.9% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,152 shares of the online travel company’s stock after acquiring an additional 204 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Expedia Group were worth $467,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of EXPE. Pacer Advisors Inc. grew its position in shares of Expedia Group by 36.8% during the 2nd quarter. Pacer Advisors Inc. now owns 2,654,200 shares of the online travel company’s stock valued at $334,403,000 after acquiring an additional 714,229 shares during the period. Acadian Asset Management LLC boosted its holdings in Expedia Group by 414.4% in the 1st quarter. Acadian Asset Management LLC now owns 686,244 shares of the online travel company’s stock worth $94,512,000 after buying an additional 552,831 shares during the period. Point72 Asset Management L.P. boosted its holdings in Expedia Group by 1,649.4% in the 2nd quarter. Point72 Asset Management L.P. now owns 407,605 shares of the online travel company’s stock worth $51,354,000 after buying an additional 384,305 shares during the period. AustralianSuper Pty Ltd boosted its holdings in Expedia Group by 88.8% in the 2nd quarter. AustralianSuper Pty Ltd now owns 753,260 shares of the online travel company’s stock worth $94,903,000 after buying an additional 354,389 shares during the period. Finally, Marshall Wace LLP bought a new position in Expedia Group in the 2nd quarter worth approximately $39,183,000. 90.76% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Jefferies Financial Group raised their price objective on shares of Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a report on Tuesday. BTIG Research raised their price objective on shares of Expedia Group from $150.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, September 27th. StockNews.com raised shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Wednesday, October 16th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $140.00 price objective on shares of Expedia Group in a report on Friday, August 9th. Finally, DA Davidson reaffirmed a “neutral” rating and issued a $135.00 price objective on shares of Expedia Group in a report on Friday, August 9th. Nineteen investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $152.15.

Insider Activity at Expedia Group

In related news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction on Friday, September 27th. The shares were sold at an average price of $150.21, for a total transaction of $1,502,100.00. Following the transaction, the director now owns 208,505 shares of the company’s stock, valued at approximately $31,319,536.05. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction on Friday, September 27th. The shares were sold at an average price of $150.21, for a total value of $1,502,100.00. Following the sale, the director now owns 208,505 shares of the company’s stock, valued at $31,319,536.05. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Robert J. Dzielak sold 12,602 shares of the firm’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $131.50, for a total transaction of $1,657,163.00. Following the completion of the sale, the insider now directly owns 89,960 shares in the company, valued at approximately $11,829,740. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 38,019 shares of company stock valued at $5,390,191. Insiders own 8.07% of the company’s stock.

Expedia Group Price Performance

EXPE stock opened at $158.36 on Thursday. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.76 and a current ratio of 0.76. Expedia Group, Inc. has a 52 week low of $92.48 and a 52 week high of $164.65. The firm’s fifty day moving average is $143.19 and its 200 day moving average is $130.70. The firm has a market cap of $21.58 billion, a P/E ratio of 29.66, a P/E/G ratio of 0.60 and a beta of 1.79.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, August 8th. The online travel company reported $3.51 EPS for the quarter, beating the consensus estimate of $3.17 by $0.34. Expedia Group had a net margin of 6.09% and a return on equity of 47.55%. The company had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.53 billion. During the same quarter last year, the firm earned $2.34 EPS. The firm’s quarterly revenue was up 6.0% compared to the same quarter last year. Research analysts predict that Expedia Group, Inc. will post 8.98 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.