Optimist Retirement Group LLC Sells 85 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Optimist Retirement Group LLC trimmed its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 5.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,577 shares of the online travel company’s stock after selling 85 shares during the period. Optimist Retirement Group LLC’s holdings in Expedia Group were worth $294,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in EXPE. Grove Bank & Trust increased its position in shares of Expedia Group by 676.2% during the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock valued at $30,000 after purchasing an additional 142 shares during the period. Venturi Wealth Management LLC boosted its stake in Expedia Group by 709.8% during the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after buying an additional 291 shares in the last quarter. Brooklyn Investment Group bought a new stake in Expedia Group in the 3rd quarter valued at $51,000. Future Financial Wealth Managment LLC bought a new stake in Expedia Group in the 3rd quarter valued at $74,000. Finally, UMB Bank n.a. raised its stake in shares of Expedia Group by 14.8% in the 4th quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock valued at $91,000 after buying an additional 63 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. StockNews.com upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 14th. Deutsche Bank Aktiengesellschaft downgraded Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Argus increased their target price on Expedia Group from $210.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, January 10th. BTIG Research boosted their price target on Expedia Group from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Finally, Cantor Fitzgerald dropped their price objective on Expedia Group from $190.00 to $180.00 and set a “neutral” rating for the company in a research note on Wednesday, January 29th. Twenty investment analysts have rated the stock with a hold rating, ten have given a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Expedia Group has an average rating of “Hold” and a consensus price target of $177.75.

Insiders Place Their Bets

In related news, CAO Lance A. Soliday sold 7,000 shares of Expedia Group stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $181.99, for a total transaction of $1,273,930.00. Following the transaction, the chief accounting officer now owns 11,187 shares of the company’s stock, valued at $2,035,922.13. This trade represents a 38.49 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the transaction, the director now owns 158,505 shares of the company’s stock, valued at approximately $26,912,563.95. This represents a 5.93 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 28,951 shares of company stock valued at $5,174,510. Company insiders own 6.80% of the company’s stock.

Expedia Group Price Performance

Shares of EXPE stock opened at $169.73 on Thursday. The firm has a market cap of $21.78 billion, a price-to-earnings ratio of 21.84, a PEG ratio of 0.77 and a beta of 1.82. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $192.34. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. The stock has a 50-day moving average price of $182.62 and a 200 day moving average price of $159.76.

Expedia Group (NASDAQ:EXPE) last posted its quarterly 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 return on equity of 49.25% and a net margin of 7.97%. The business had revenue of $4.06 billion for the quarter, compared to the consensus estimate of $4.11 billion. During the same period last year, the firm earned $4.85 earnings per share. Research analysts expect that Expedia Group, Inc. will post 8.76 EPS 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.