Expedia Group, Inc. (NASDAQ:EXPE) Stock Position Boosted by Duality Advisers LP

Duality Advisers LP boosted its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 47.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,402 shares of the online travel company’s stock after buying an additional 7,853 shares during the period. Duality Advisers LP’s holdings in Expedia Group were worth $3,361,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Harbor Capital Advisors Inc. lifted its holdings in Expedia Group by 1.5% in the 4th quarter. Harbor Capital Advisors Inc. now owns 5,090 shares of the online travel company’s stock valued at $773,000 after acquiring an additional 75 shares during the last quarter. Hohimer Wealth Management LLC lifted its stake in Expedia Group by 1.2% during the fourth quarter. Hohimer Wealth Management LLC now owns 6,711 shares of the online travel company’s stock valued at $1,019,000 after buying an additional 78 shares in the last quarter. Parallel Advisors LLC lifted its stake in Expedia Group by 7.4% during the fourth quarter. Parallel Advisors LLC now owns 1,163 shares of the online travel company’s stock valued at $176,000 after buying an additional 80 shares in the last quarter. Private Advisor Group LLC lifted its stake in Expedia Group by 0.4% during the first quarter. Private Advisor Group LLC now owns 24,351 shares of the online travel company’s stock valued at $3,354,000 after buying an additional 87 shares in the last quarter. Finally, First Trust Direct Indexing L.P. lifted its stake in Expedia Group by 5.8% during the first quarter. First Trust Direct Indexing L.P. now owns 1,601 shares of the online travel company’s stock valued at $221,000 after buying an additional 88 shares in the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Wells Fargo & Company increased their price target on shares of Expedia Group from $137.00 to $140.00 and gave the stock an “equal weight” rating in a research report on Tuesday. HSBC lowered their price target on Expedia Group from $166.00 to $132.00 and set a “hold” rating on the stock in a report on Tuesday, May 7th. Evercore ISI lowered their price target on Expedia Group from $190.00 to $175.00 and set an “outperform” rating on the stock in a report on Friday, May 3rd. JPMorgan Chase & Co. lowered their price target on Expedia Group from $136.00 to $128.00 and set a “neutral” rating on the stock in a report on Friday, May 3rd. Finally, TD Cowen lowered their price target on Expedia Group from $165.00 to $130.00 and set a “buy” rating on the stock in a report on Friday, May 3rd. Sixteen analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $148.24.

Insider Transactions at Expedia Group

In other news, CAO Lance A. Soliday sold 544 shares of Expedia Group stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $113.38, for a total transaction of $61,678.72. Following the transaction, the chief accounting officer now owns 11,187 shares in the company, valued at approximately $1,268,382.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Craig A. Jacobson sold 6,722 shares of the firm’s stock in a transaction on Wednesday, May 15th. The shares were 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 $3,676,600.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CAO Lance A. Soliday sold 544 shares of the firm’s stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $113.38, for a total transaction of $61,678.72. Following the completion of the transaction, the chief accounting officer now directly owns 11,187 shares of the company’s stock, valued at approximately $1,268,382.06. The disclosure for this sale can be found here. Corporate insiders own 8.07% of the company’s stock.

Expedia Group Trading Up 1.8 %

EXPE stock traded up $2.36 during midday trading on Friday, reaching $131.08. The stock had a trading volume of 746,905 shares, compared to its average volume of 2,450,969. The business has a fifty day simple moving average of $119.15 and a two-hundred day simple moving average of $132.95. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 2.93. The firm has a market cap of $17.86 billion, a price-to-earnings ratio of 24.57, a PEG ratio of 0.49 and a beta of 1.78. Expedia Group, Inc. has a twelve month low of $92.48 and a twelve month high of $160.05.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, May 2nd. The online travel company reported ($0.39) EPS for the quarter, topping analysts’ consensus estimates of ($0.96) by $0.57. The firm had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.80 billion. Expedia Group had a return on equity of 41.63% and a net margin of 6.18%. As a group, research analysts expect that Expedia Group, Inc. will post 9.25 EPS for the current fiscal year.

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.