1,450 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Bought by Great Valley Advisor Group Inc.

Great Valley Advisor Group Inc. bought a new stake in Expedia Group, Inc. (NASDAQ:EXPE) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,450 shares of the online travel company’s stock, valued at approximately $220,000.

Several other large investors also recently modified their holdings of the business. International Assets Investment Management LLC boosted its stake in Expedia Group by 115.8% in the 4th quarter. International Assets Investment Management LLC now owns 39,314 shares of the online travel company’s stock worth $5,967,000 after purchasing an additional 21,095 shares during the period. Raymond James & Associates boosted its position in shares of Expedia Group by 6.4% during the fourth quarter. Raymond James & Associates now owns 263,351 shares of the online travel company’s stock worth $39,974,000 after buying an additional 15,759 shares during the period. AustralianSuper Pty Ltd grew its holdings in shares of Expedia Group by 14.0% during the fourth quarter. AustralianSuper Pty Ltd now owns 355,871 shares of the online travel company’s stock worth $54,018,000 after buying an additional 43,820 shares in the last quarter. AQR Capital Management LLC raised its position in Expedia Group by 7.9% in the 3rd quarter. AQR Capital Management LLC now owns 769,665 shares of the online travel company’s stock valued at $79,329,000 after buying an additional 56,186 shares during the last quarter. Finally, Public Employees Retirement System of Ohio lifted its stake in Expedia Group by 20.7% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 80,577 shares of the online travel company’s stock valued at $8,305,000 after acquiring an additional 13,797 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors.

Insider Transactions at Expedia Group

In related news, CAO Lance A. Soliday sold 5,119 shares of the business’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 completion of the sale, the chief accounting officer now directly owns 10,880 shares in the company, valued at $1,492,844.80. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 8.07% of the company’s stock.

Expedia Group Stock Performance

Shares of NASDAQ EXPE opened at $116.02 on Tuesday. Expedia Group, Inc. has a one year low of $88.81 and a one year high of $160.05. The company has a debt-to-equity ratio of 2.93, a current ratio of 0.79 and a quick ratio of 0.78. The firm has a market cap of $15.81 billion, a price-to-earnings ratio of 21.73, a P/E/G ratio of 0.35 and a beta of 1.83. The stock’s fifty day moving average price is $133.43 and its two-hundred day moving average price is $135.60.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, February 8th. The online travel company reported $1.18 EPS for the quarter, beating the consensus estimate of $1.08 by $0.10. Expedia Group had a net margin of 6.18% and a return on equity of 41.63%. The business had revenue of $2.89 billion for the quarter, compared to the consensus estimate of $2.88 billion. On average, equities analysts forecast that Expedia Group, Inc. will post 9.7 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently weighed in on EXPE. TD Cowen lowered their price objective on shares of Expedia Group from $165.00 to $130.00 and set a “buy” rating on the stock in a report on Friday. Piper Sandler lowered shares of Expedia Group from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $175.00 to $145.00 in a research note on Friday. Jefferies Financial Group reduced 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 note on Tuesday, March 19th. BMO Capital Markets downgraded Expedia Group from an “outperform” rating to a “market perform” rating and lowered their target price for the company from $165.00 to $145.00 in a research report on Friday. Finally, Benchmark reissued a “buy” rating and set a $180.00 price target on shares of Expedia Group in a research report on Friday. Sixteen equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, Expedia Group has an average rating of “Hold” and an average price target of $148.40.

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.