1,400 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Purchased by Fernwood Investment Management LLC

Fernwood Investment Management LLC acquired a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 1,400 shares of the online travel company’s stock, valued at approximately $213,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. City State Bank boosted its stake in Expedia Group by 157.3% during the fourth quarter. City State Bank now owns 193 shares of the online travel company’s stock worth $29,000 after acquiring an additional 118 shares in the last quarter. CVA Family Office LLC purchased a new position in shares of Expedia Group during the fourth quarter valued at approximately $32,000. Parkside Financial Bank & Trust boosted its position in shares of Expedia Group by 173.0% in the 3rd quarter. Parkside Financial Bank & Trust now owns 344 shares of the online travel company’s stock worth $35,000 after purchasing an additional 218 shares in the last quarter. UMB Bank n.a. grew its stake in shares of Expedia Group by 79.7% in the 3rd quarter. UMB Bank n.a. now owns 354 shares of the online travel company’s stock worth $36,000 after buying an additional 157 shares during the last quarter. Finally, MV Capital Management Inc. increased its position in Expedia Group by 335.6% during the 4th quarter. MV Capital Management Inc. now owns 318 shares of the online travel company’s stock valued at $48,000 after buying an additional 245 shares in the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on EXPE. StockNews.com raised Expedia Group from a “hold” rating to a “buy” rating in a research note on Wednesday, February 14th. Jefferies Financial Group reduced their price objective on shares of Expedia Group from $150.00 to $145.00 and set a “hold” rating for the company in a research note on Tuesday, March 19th. Wells Fargo & Company cut their price target on shares of Expedia Group from $159.00 to $155.00 and set an “equal weight” rating on the stock in a report on Friday, February 9th. Bank of America downgraded shares of Expedia Group from a “buy” rating to a “neutral” rating and set a $156.00 price target for the company. in a research report on Friday, February 9th. Finally, JPMorgan Chase & Co. increased their target price on Expedia Group from $115.00 to $136.00 and gave the company a “neutral” rating in a research note on Friday, February 9th. Thirteen investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $149.12.

Expedia Group Stock Performance

Shares of EXPE stock traded down $1.29 during mid-day trading on Tuesday, reaching $135.37. 522,499 shares of the company’s stock traded hands, compared to its average volume of 2,385,052. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.78 and a current ratio of 0.78. The firm has a market capitalization of $18.45 billion, a PE ratio of 25.40, a price-to-earnings-growth ratio of 0.42 and a beta of 1.86. Expedia Group, Inc. has a 12 month low of $87.94 and a 12 month high of $160.05. The firm has a 50 day moving average price of $134.35 and a two-hundred day moving average price of $134.61.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, February 8th. The online travel company reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.10. Expedia Group had a return on equity of 35.79% and a net margin of 6.21%. The business had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.88 billion. On average, research analysts forecast that Expedia Group, Inc. will post 9.71 EPS for the current year.

Insider Buying and Selling

In other Expedia Group news, CAO Lance A. Soliday sold 5,119 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total value of $702,377.99. Following the completion of the transaction, the chief accounting officer now directly owns 10,880 shares in the company, valued at $1,492,844.80. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Expedia Group news, CAO Lance A. Soliday sold 5,119 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total transaction of $702,377.99. Following the sale, the chief accounting officer now directly owns 10,880 shares of the company’s stock, valued at $1,492,844.80. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction dated 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 transaction, the director now owns 216,521 shares in the company, valued at $32,486,810.84. The disclosure for this sale can be found here. 8.07% of the stock is currently owned by insiders.

Expedia Group Company Profile

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.