Donoghue Forlines LLC Increases Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Donoghue Forlines LLC raised its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 368.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,226 shares of the online travel company’s stock after acquiring an additional 8,828 shares during the period. Expedia Group comprises approximately 0.7% of Donoghue Forlines LLC’s investment portfolio, making the stock its 19th largest holding. Donoghue Forlines LLC’s holdings in Expedia Group were worth $2,092,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Windacre Partnership LLC boosted its position in shares of Expedia Group by 49.5% during the 3rd quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company’s stock valued at $639,994,000 after acquiring an additional 1,431,500 shares during the last quarter. Pacer Advisors Inc. lifted its position in Expedia Group by 22.5% in the 3rd quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company’s stock worth $481,170,000 after buying an additional 596,510 shares during the last quarter. Alkeon Capital Management LLC boosted its stake in Expedia Group by 46.3% in the third quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company’s stock worth $233,349,000 after buying an additional 498,934 shares in the last quarter. Point72 Asset Management L.P. lifted its holdings in shares of 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 acquiring an additional 384,305 shares during the last quarter. Finally, Marshall Wace LLP bought a new position in shares of Expedia Group during the 2nd quarter valued at $39,183,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Insider Activity

In related news, insider Robert J. Dzielak sold 1,951 shares of the company’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total transaction of $351,180.00. Following the completion of the sale, the insider now directly owns 85,250 shares in the company, valued at $15,345,000. This represents a 2.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CAO Lance A. Soliday sold 7,000 shares of the business’s stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $181.99, for a total transaction of $1,273,930.00. Following the completion of the transaction, the chief accounting officer now owns 11,187 shares of the company’s stock, valued at $2,035,922.13. This represents a 38.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 28,951 shares of company stock valued at $5,045,310. Corporate insiders own 6.80% of the company’s stock.

Analysts Set New Price Targets

EXPE has been the topic of a number of recent research reports. Oppenheimer raised their price objective on Expedia Group from $155.00 to $210.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Susquehanna upped their price target on shares of Expedia Group from $145.00 to $190.00 and gave the company a “neutral” rating in a report on Monday, November 11th. BTIG Research boosted their price target on Expedia Group from $175.00 to $200.00 and gave the company a “buy” rating in a report on Friday, November 8th. UBS Group lifted their price target on Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. Finally, The Goldman Sachs Group increased their target price on Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Twenty analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Expedia Group presently has an average rating of “Hold” and an average target price of $175.96.

Expedia Group Stock Down 0.3 %

Shares of EXPE stock opened at $173.12 on Thursday. The stock has a market cap of $22.22 billion, a P/E ratio of 22.35, a PEG ratio of 0.82 and a beta of 1.83. The company’s fifty day simple moving average is $184.57 and its two-hundred day simple moving average is $157.11. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $192.34.

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