Knights of Columbus Asset Advisors LLC Purchases 4,440 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Knights of Columbus Asset Advisors LLC lifted its position in Expedia Group, Inc. (NASDAQ:EXPEFree Report) by 21.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 25,209 shares of the online travel company’s stock after purchasing an additional 4,440 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in Expedia Group were worth $2,598,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC boosted its holdings in shares of Expedia Group by 788.8% during the second quarter. Allspring Global Investments Holdings LLC now owns 77,140 shares of the online travel company’s stock worth $8,438,000 after purchasing an additional 68,461 shares during the period. Atria Wealth Solutions Inc. bought a new stake in shares of Expedia Group during the first quarter valued at approximately $206,000. Hudson Bay Capital Management LP increased its position in shares of Expedia Group by 2,113.8% during the second quarter. Hudson Bay Capital Management LP now owns 166,035 shares of the online travel company’s stock valued at $18,163,000 after acquiring an additional 158,535 shares in the last quarter. HM Payson & Co. raised its stake in Expedia Group by 25.0% during the 2nd quarter. HM Payson & Co. now owns 500 shares of the online travel company’s stock valued at $55,000 after buying an additional 100 shares during the last quarter. Finally, Foyston Gordon & Payne Inc purchased a new stake in Expedia Group during the third quarter valued at $2,260,000. Institutional investors own 91.15% of the company’s stock.

Insider Activity at Expedia Group

In related news, insider Robert J. Dzielak sold 70,000 shares of Expedia Group stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $134.50, for a total value of $9,415,000.00. Following the completion of the transaction, the insider now owns 72,266 shares in the company, valued at approximately $9,719,777. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, insider Robert J. Dzielak sold 70,000 shares of Expedia Group stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $134.50, for a total value of $9,415,000.00. Following the completion of the transaction, the insider now owns 72,266 shares in the company, valued at approximately $9,719,777. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Lance A. Soliday sold 477 shares of Expedia Group stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $136.53, for a total value of $65,124.81. Following the completion of the transaction, the chief accounting officer now owns 9,931 shares of the company’s stock, valued at approximately $1,355,879.43. The disclosure for this sale can be found here. Insiders sold a total of 90,477 shares of company stock worth $12,489,525 in the last 90 days. Corporate insiders own 8.07% of the company’s stock.

Expedia Group Stock Performance

Shares of EXPE stock opened at $147.30 on Thursday. The stock has a market cap of $20.45 billion, a PE ratio of 26.45, a price-to-earnings-growth ratio of 0.59 and a beta of 1.87. The business has a 50-day simple moving average of $142.62 and a 200-day simple moving average of $119.71. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 2.14. Expedia Group, Inc. has a 52-week low of $87.94 and a 52-week high of $155.84.

Expedia Group (NASDAQ:EXPEGet Free Report) last announced its quarterly earnings results on Thursday, November 2nd. The online travel company reported $4.85 earnings per share for the quarter, beating the consensus estimate of $4.56 by $0.29. Expedia Group had a return on equity of 31.95% and a net margin of 6.70%. The firm had revenue of $3.93 billion during the quarter, compared to analyst estimates of $3.87 billion. On average, equities analysts expect that Expedia Group, Inc. will post 7.4 EPS for the current year.

Expedia Group announced that its board has approved a stock buyback program on Thursday, November 2nd that permits the company to buyback $5.00 billion in shares. This buyback authorization permits the online travel company to repurchase up to 30.9% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

Several research firms recently issued reports on EXPE. StockNews.com upgraded Expedia Group from a “hold” rating to a “buy” rating in a research report on Thursday, December 28th. Piper Sandler raised their price objective on Expedia Group from $119.00 to $135.00 and gave the stock an “overweight” rating in a report on Friday, November 3rd. Evercore ISI upgraded Expedia Group from an “in-line” rating to an “outperform” rating and lifted their price target for the company from $135.00 to $200.00 in a report on Friday, November 17th. Morgan Stanley lifted their price target on Expedia Group from $130.00 to $135.00 and gave the company an “equal weight” rating in a report on Tuesday, November 14th. Finally, TheStreet raised Expedia Group from a “c+” rating to a “b-” rating in a research report on Thursday, November 30th. Twelve investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $143.91.

Check Out Our Latest Report on EXPE

Expedia Group Company Profile

(Free Report)

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through Retail, B2B, and trivago segments. Its brand portfolio includes Brand Expedia, a full-service online travel brand with localized websites; Hotels.com for marketing and distributing lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz; Travelocity; Wotif Group; CheapTickets; ebookers; Expedia; Hotwire; CarRentals.com; Classic Vacations; and Expedia Cruise.

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Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

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