Expedia Group, Inc. (NASDAQ:EXPE) Position Increased by Donoghue Forlines LLC

Donoghue Forlines LLC increased its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 368.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,226 shares of the online travel company’s stock after buying an additional 8,828 shares during the quarter. Expedia Group accounts for approximately 0.7% of Donoghue Forlines LLC’s holdings, making the stock its 19th biggest position. Donoghue Forlines LLC’s holdings in Expedia Group were worth $2,092,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Grove Bank & Trust boosted its stake in shares of Expedia Group by 676.2% during the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock valued at $30,000 after buying an additional 142 shares during the period. Venturi Wealth Management LLC increased its position in Expedia Group by 709.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after purchasing an additional 291 shares during the last quarter. Brooklyn Investment Group acquired a new stake in shares of Expedia Group during the 3rd quarter valued at about $51,000. Future Financial Wealth Managment LLC bought a new stake in shares of Expedia Group in the 3rd quarter valued at approximately $74,000. Finally, UMB Bank n.a. increased its holdings in Expedia Group by 14.8% in the fourth quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock worth $91,000 after buying an additional 63 shares during the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Stock Down 0.3 %

Expedia Group stock opened at $173.12 on Thursday. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $192.34. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. The company has a 50 day moving average of $184.57 and a 200-day moving average of $157.11. The stock has a market capitalization of $22.22 billion, a PE ratio of 22.35, a price-to-earnings-growth ratio of 0.82 and a beta of 1.83.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, November 7th. The online travel company reported $5.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.42 by ($0.24). Expedia Group had a return on equity of 49.25% and a net margin of 7.97%. The firm had revenue of $4.06 billion for the quarter, compared to the consensus estimate of $4.11 billion. During the same quarter in the previous year, the business posted $4.85 earnings per share. On average, equities research analysts anticipate that Expedia Group, Inc. will post 8.76 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have weighed in on EXPE. Wedbush boosted their price target on Expedia Group from $130.00 to $180.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Benchmark increased their price target on Expedia Group from $180.00 to $200.00 and gave the company a “buy” rating in a report on Friday, November 8th. JMP Securities restated a “market perform” rating on shares of Expedia Group in a research note on Monday, December 16th. TD Cowen lowered shares of Expedia Group from a “buy” rating to a “hold” rating and raised their target price for the company from $130.00 to $150.00 in a research note on Wednesday, September 25th. Finally, Bank of America raised shares of Expedia Group from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $187.00 to $221.00 in a research report on Wednesday, December 18th. Twenty research analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $175.96.

Insiders Place Their Bets

In related news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the sale, the director now owns 168,505 shares of the company’s stock, valued at $31,198,700.75. This trade represents a 5.60 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 1,951 shares of the business’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following the sale, the insider now owns 85,250 shares in the company, valued at approximately $15,345,000. This trade represents a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 28,951 shares of company stock valued at $5,045,310 in the last 90 days. 6.80% of the stock is currently owned by insiders.

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.