Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by V Square Quantitative Management LLC

V Square Quantitative Management LLC boosted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 23.3% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 1,684 shares of the online travel company’s stock after acquiring an additional 318 shares during the quarter. V Square Quantitative Management LLC’s holdings in Expedia Group were worth $212,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EXPE. International Assets Investment Management LLC lifted its holdings in shares of 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 valued at $5,967,000 after buying an additional 21,095 shares during the period. Stratos Wealth Partners LTD. acquired a new position in shares of Expedia Group in the 4th quarter valued at about $276,000. Bleakley Financial Group LLC acquired a new position in shares of Expedia Group in the 4th quarter valued at about $293,000. Sequoia Financial Advisors LLC lifted its holdings in shares of Expedia Group by 71.5% in the 4th quarter. Sequoia Financial Advisors LLC now owns 3,360 shares of the online travel company’s stock valued at $510,000 after buying an additional 1,401 shares during the period. Finally, Cerity Partners LLC acquired a new position in shares of Expedia Group in the 4th quarter valued at about $2,408,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Activity at Expedia Group

In related news, CAO Lance A. Soliday sold 544 shares of the company’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $113.38, for a total value of $61,678.72. Following the transaction, the chief accounting officer now directly owns 11,187 shares in the company, valued at $1,268,382.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 8.07% of the stock is currently owned by insiders.

Expedia Group Trading Down 0.9 %

EXPE traded down $1.15 during trading hours on Wednesday, reaching $129.43. The company’s stock had a trading volume of 2,003,502 shares, compared to its average volume of 2,444,671. Expedia Group, Inc. has a fifty-two week low of $92.48 and a fifty-two week high of $160.05. The stock has a market cap of $17.64 billion, a PE ratio of 24.45, a P/E/G ratio of 0.46 and a beta of 1.78. The business’s 50-day moving average is $125.89 and its 200-day moving average is $129.03. The company has a debt-to-equity ratio of 2.93, a current ratio of 0.79 and a quick ratio of 0.79.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, August 8th. The online travel company reported $3.51 EPS for the quarter, beating analysts’ consensus estimates of $3.17 by $0.34. Expedia Group had a return on equity of 41.63% and a net margin of 6.18%. The firm had revenue of $3.56 billion for the quarter, compared to analysts’ expectations of $3.53 billion. During the same period in the prior year, the firm posted $2.34 earnings per share. The firm’s quarterly revenue was up 6.0% on a year-over-year basis. As a group, equities research analysts predict that Expedia Group, Inc. will post 9.28 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on EXPE. Royal Bank of Canada restated a “sector perform” rating and issued a $140.00 price target on shares of Expedia Group in a research note on Friday, August 9th. Wells Fargo & Company cut their price target on Expedia Group from $140.00 to $130.00 and set an “equal weight” rating for the company in a research note on Friday, August 9th. Oppenheimer restated an “outperform” rating and issued a $175.00 price target on shares of Expedia Group in a research note on Monday, April 29th. Citigroup lifted their price target on Expedia Group from $140.00 to $145.00 and gave the company a “neutral” rating in a research note on Friday, August 9th. Finally, HSBC cut their price target on Expedia Group from $166.00 to $132.00 and set a “hold” rating for the company in a research note on Tuesday, May 7th. Sixteen equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $148.75.

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.