New York State Teachers Retirement System Sells 16,572 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

New York State Teachers Retirement System decreased its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 12.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 113,040 shares of the online travel company’s stock after selling 16,572 shares during the quarter. New York State Teachers Retirement System’s holdings in Expedia Group were worth $16,732,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of EXPE. Pallas Capital Advisors LLC bought a new stake in shares of Expedia Group during the third quarter worth approximately $629,000. Hunter Associates Investment Management LLC lifted its holdings in Expedia Group by 9.5% during the 3rd quarter. Hunter Associates Investment Management LLC now owns 25,821 shares of the online travel company’s stock worth $3,817,000 after purchasing an additional 2,230 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake in Expedia Group by 13.7% in the 3rd quarter. Nisa Investment Advisors LLC now owns 50,917 shares of the online travel company’s stock valued at $7,537,000 after purchasing an additional 6,132 shares during the period. Asahi Life Asset Management CO. LTD. boosted its stake in Expedia Group by 8.6% in the 3rd quarter. Asahi Life Asset Management CO. LTD. now owns 2,640 shares of the online travel company’s stock valued at $391,000 after purchasing an additional 210 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in Expedia Group by 7.5% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 10,030 shares of the online travel company’s stock valued at $1,485,000 after buying an additional 696 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Buying and Selling at Expedia Group

In other news, insider Robert J. Dzielak sold 5,417 shares of the firm’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $134.60, for a total transaction of $729,128.20. Following the completion of the transaction, the insider now directly owns 84,543 shares in the company, valued at $11,379,487.80. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Robert J. Dzielak sold 5,417 shares of the stock in a transaction on Monday, August 19th. The shares were sold at an average price of $134.60, for a total transaction of $729,128.20. Following the completion of the sale, the insider now directly owns 84,543 shares in the company, valued at $11,379,487.80. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction on Friday, October 4th. The shares were sold at an average price of $150.18, for a total transaction of $1,501,800.00. Following the completion of the transaction, the director now owns 198,505 shares in the company, valued at approximately $29,811,480.90. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 38,019 shares of company stock worth $5,390,191. Insiders own 6.80% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on EXPE shares. StockNews.com raised Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Friday. Jefferies Financial Group boosted their price objective on shares of Expedia Group from $145.00 to $160.00 and gave the company a “hold” rating in a report on Tuesday, October 22nd. Barclays lowered their target price on shares of Expedia Group from $138.00 to $134.00 and set an “equal weight” rating on the stock in a report on Friday, August 9th. Citigroup boosted 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, Benchmark restated a “buy” rating and set a $180.00 price objective on shares of Expedia Group in a research note on Friday, August 9th. Nineteen equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Expedia Group currently has a consensus rating of “Hold” and a consensus price target of $152.54.

Expedia Group Stock Up 2.0 %

NASDAQ:EXPE opened at $159.40 on Friday. Expedia Group, Inc. has a one year low of $93.19 and a one year high of $164.65. The company has a debt-to-equity ratio of 2.45, a current ratio of 0.76 and a quick ratio of 0.76. The company has a market cap of $20.75 billion, a PE ratio of 28.46, a P/E/G ratio of 0.62 and a beta of 1.79. The firm’s 50 day simple moving average is $146.71 and its 200 day simple moving average is $132.04.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, August 8th. The online travel company reported $3.51 earnings per share for the quarter, topping the consensus estimate of $3.17 by $0.34. The company had revenue of $3.56 billion for the quarter, compared to analysts’ expectations of $3.53 billion. Expedia Group had a net margin of 6.09% and a return on equity of 47.55%. Expedia Group’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.34 earnings per share. On average, research analysts anticipate that Expedia Group, Inc. will post 8.99 earnings per share for the current year.

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.