Expedia Group, Inc. (NASDAQ:EXPE) Shares Acquired by Janney Montgomery Scott LLC


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Janney Montgomery Scott LLC lifted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 260.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 107,044 shares of the online travel company’s stock after buying an additional 77,364 shares during the period. Janney Montgomery Scott LLC owned approximately 0.07% of Expedia Group worth $18,425,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Expedia Group during the fourth quarter worth approximately $38,000. Joseph P. Lucia & Associates LLC acquired a new stake in Expedia Group in the first quarter worth approximately $31,000. Crescent Capital Consulting LLC acquired a new stake in Expedia Group in the fourth quarter worth approximately $26,000. Sterling Investment Advisors Ltd. lifted its position in Expedia Group by 400.0% in the fourth quarter. Sterling Investment Advisors Ltd. now owns 250 shares of the online travel company’s stock worth $33,000 after purchasing an additional 200 shares during the period. Finally, Arkadios Wealth Advisors acquired a new stake in Expedia Group in the fourth quarter worth approximately $38,000. Institutional investors and hedge funds own 95.71% of the company’s stock.

In related news, CAO Lance A. Soliday sold 668 shares of the firm’s stock in a transaction that occurred on Wednesday, February 17th. The shares were sold at an average price of $146.52, for a total value of $97,875.36. Following the completion of the sale, the chief accounting officer now owns 8,093 shares of the company’s stock, valued at $1,185,786.36. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Susan C. Athey sold 1,462 shares of the firm’s stock in a transaction that occurred on Monday, April 5th. The shares were sold at an average price of $177.66, for a total transaction of $259,738.92. Following the completion of the sale, the director now directly owns 1,992 shares of the company’s stock, valued at approximately $353,898.72. The disclosure for this sale can be found here. Company insiders own 2.20% of the company’s stock.

EXPE has been the subject of a number of research analyst reports. Stifel Nicolaus upped their target price on Expedia Group from $117.00 to $140.00 and gave the stock a “hold” rating in a research report on Friday, February 12th. Wolfe Research began coverage on Expedia Group in a research report on Wednesday, March 31st. They issued a “peer perform” rating and a $170.00 target price for the company. JMP Securities increased their price objective on Expedia Group from $115.00 to $165.00 and gave the company an “outperform” rating in a research report on Friday, January 15th. Barclays increased their price objective on Expedia Group from $140.00 to $167.00 and gave the company an “overweight” rating in a research report on Friday, February 12th. Finally, Cowen increased their price objective on Expedia Group from $140.00 to $150.00 and gave the company an “outperform” rating in a research report on Friday, February 12th. One analyst has rated the stock with a sell rating, fifteen have given a hold rating and fifteen have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $153.31.

NASDAQ EXPE opened at $174.82 on Tuesday. The firm has a market cap of $25.15 billion, a price-to-earnings ratio of -11.19 and a beta of 1.74. The company has a 50 day moving average of $175.42 and a 200-day moving average of $142.38. The company has a current ratio of 1.20, a quick ratio of 1.19 and a debt-to-equity ratio of 2.84. Expedia Group, Inc. has a 1-year low of $58.39 and a 1-year high of $187.93.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, February 11th. The online travel company reported ($2.64) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($2.07) by ($0.57). The firm had revenue of $920.00 million for the quarter, compared to analyst estimates of $1.11 billion. Expedia Group had a negative return on equity of 21.33% and a negative net margin of 30.64%. During the same period in the previous year, the business posted $1.24 EPS. On average, analysts forecast that Expedia Group, Inc. will post -8.94 earnings per share for the current year.

Expedia Group Profile

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 include 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, and CheapTickets travel websites; ebookers, an online EMEA travel agent for travelers an array of travel options; Hotwire, which offers travel booking services; CarRentals.com, an online car rental booking service; Classic Vacations, a luxury travel specialist; and Expedia Cruise, a provider of advice for travelers booking cruises.

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

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