Coldstream Capital Management Inc. Sells 257 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Coldstream Capital Management Inc. trimmed its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 4.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 6,199 shares of the online travel company’s stock after selling 257 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Expedia Group were worth $941,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of EXPE. Harbor Capital Advisors Inc. increased its stake in shares of Expedia Group by 1.5% during the fourth quarter. Harbor Capital Advisors Inc. now owns 5,090 shares of the online travel company’s stock valued at $773,000 after purchasing an additional 75 shares in the last quarter. Nilsine Partners LLC increased its position in shares of Expedia Group by 1.7% during the fourth quarter. Nilsine Partners LLC now owns 5,725 shares of the online travel company’s stock valued at $869,000 after acquiring an additional 96 shares in the last quarter. Signaturefd LLC increased its position in shares of Expedia Group by 11.8% during the third quarter. Signaturefd LLC now owns 1,017 shares of the online travel company’s stock valued at $105,000 after acquiring an additional 107 shares in the last quarter. Knights of Columbus Asset Advisors LLC increased its position in shares of Expedia Group by 0.4% during the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 25,321 shares of the online travel company’s stock valued at $3,843,000 after acquiring an additional 112 shares in the last quarter. Finally, Allworth Financial LP grew its position in Expedia Group by 22.6% in the 4th quarter. Allworth Financial LP now owns 629 shares of the online travel company’s stock worth $95,000 after purchasing an additional 116 shares during the period. 90.76% of the stock is owned by institutional investors.

Expedia Group Stock Performance

NASDAQ:EXPE opened at $111.71 on Wednesday. The company has a debt-to-equity ratio of 2.93, a current ratio of 0.79 and a quick ratio of 0.79. The business has a 50 day moving average of $128.47 and a 200 day moving average of $136.87. The company has a market capitalization of $15.22 billion, a price-to-earnings ratio of 20.92, a PEG ratio of 0.43 and a beta of 1.83. Expedia Group, Inc. has a 1-year low of $92.00 and a 1-year high of $160.05.

Insiders Place Their Bets

In other news, CAO Lance A. Soliday sold 5,119 shares of the business’s stock in a transaction that occurred 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 transaction, 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 Securities & Exchange Commission, which is available through this link. In other Expedia Group news, CAO Lance A. Soliday sold 5,119 shares of the stock in a transaction on Thursday, February 22nd. The stock was 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 owns 10,880 shares in the company, valued at $1,492,844.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Craig A. Jacobson sold 6,722 shares of the stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $112.71, for a total value of $757,636.62. Following the completion of the transaction, the director now owns 32,620 shares of the company’s stock, valued at approximately $3,676,600.20. The disclosure for this sale can be found here. Insiders own 8.07% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Mizuho lowered their price target on Expedia Group from $140.00 to $135.00 and set a “neutral” rating on the stock in a report on Friday, May 3rd. HSBC dropped their price objective on Expedia Group from $166.00 to $132.00 and set a “hold” rating on the stock in a research note on Tuesday, May 7th. JPMorgan Chase & Co. reduced their target price on Expedia Group from $136.00 to $128.00 and set a “neutral” rating for the company in a research note on Friday, May 3rd. Piper Sandler cut Expedia Group from an “overweight” rating to a “neutral” rating and dropped their target price for the company from $175.00 to $145.00 in a research report on Friday, May 3rd. Finally, Oppenheimer reissued an “outperform” rating and issued a $175.00 target price on shares of Expedia Group in a research note on Monday, April 29th. Sixteen research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $148.12.

Expedia Group 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.