Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Nicholas Hoffman & Company LLC.

Nicholas Hoffman & Company LLC. lessened its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPEFree Report) by 30.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 6,767 shares of the online travel company’s stock after selling 2,993 shares during the quarter. Nicholas Hoffman & Company LLC.’s holdings in Expedia Group were worth $1,027,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Expedia Group by 4.8% during the first quarter. Vanguard Group Inc. now owns 16,147,624 shares of the online travel company’s stock valued at $3,159,605,000 after purchasing an additional 741,856 shares during the last quarter. Boston Partners raised its position in Expedia Group by 1.3% during the third quarter. Boston Partners now owns 2,567,830 shares of the online travel company’s stock valued at $264,627,000 after buying an additional 32,191 shares during the period. Arrowstreet Capital Limited Partnership raised its position in Expedia Group by 187.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,921,028 shares of the online travel company’s stock valued at $375,888,000 after buying an additional 1,251,933 shares during the period. Capital Wealth Alliance LLC acquired a new position in Expedia Group during the second quarter valued at $12,058,000. Finally, Northern Trust Corp increased its position in Expedia Group by 1.5% in the 3rd quarter. Northern Trust Corp now owns 1,557,816 shares of the online travel company’s stock worth $160,564,000 after purchasing an additional 22,518 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Royal Bank of Canada reissued a “sector perform” rating and set a $155.00 price objective on shares of Expedia Group in a report on Friday, February 9th. BMO Capital Markets assumed coverage on Expedia Group in a report on Tuesday, January 9th. They set an “outperform” rating and a $181.00 price objective on the stock. Jefferies Financial Group lowered their price objective on Expedia Group from $150.00 to $145.00 and set a “hold” rating on the stock in a report on Tuesday, March 19th. Ascendiant Capital Markets increased their price objective on Expedia Group from $133.00 to $168.00 and gave the company a “buy” rating in a report on Friday, December 29th. Finally, StockNews.com raised Expedia Group from a “hold” rating to a “buy” rating in a report on Wednesday, February 14th. Thirteen research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $149.12.

Check Out Our Latest Stock Analysis on EXPE

Insider Activity at Expedia Group

In related news, CAO Lance A. Soliday sold 5,119 shares of the firm’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total transaction of $702,377.99. Following the completion of the sale, the chief accounting officer now directly owns 10,880 shares of the company’s stock, valued at approximately $1,492,844.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CAO Lance A. Soliday sold 5,119 shares of the firm’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total transaction of $702,377.99. Following the completion of the sale, the chief accounting officer now directly owns 10,880 shares of the company’s stock, valued at approximately $1,492,844.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $150.04, for a total value of $1,500,400.00. Following the completion of the sale, the director now directly owns 216,521 shares of the company’s stock, valued at $32,486,810.84. The disclosure for this sale can be found here. Insiders own 8.07% of the company’s stock.

Expedia Group Price Performance

Shares of EXPE traded up $0.70 during mid-day trading on Friday, reaching $129.00. The company had a trading volume of 1,350,987 shares, compared to its average volume of 1,768,922. The company’s 50-day moving average is $134.37 and its 200-day moving average is $132.95. Expedia Group, Inc. has a twelve month low of $87.94 and a twelve month high of $160.05. The company has a market capitalization of $17.58 billion, a P/E ratio of 23.98, a P/E/G ratio of 0.39 and a beta of 1.86. The company has a debt-to-equity ratio of 2.24, a current ratio of 0.78 and a quick ratio of 0.78.

Expedia Group (NASDAQ:EXPEGet Free Report) last released its quarterly earnings results on Thursday, February 8th. The online travel company reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.10. Expedia Group had a return on equity of 35.79% and a net margin of 6.21%. The firm had revenue of $2.89 billion during the quarter, compared to analysts’ expectations of $2.88 billion. On average, equities analysts anticipate that Expedia Group, Inc. will post 9.74 EPS for the current year.

About Expedia Group

(Free Report)

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.

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

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