Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by U S Global Investors Inc.

U S Global Investors Inc. trimmed its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 12.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 152,445 shares of the online travel company’s stock after selling 22,363 shares during the quarter. Expedia Group makes up about 2.2% of U S Global Investors Inc.’s portfolio, making the stock its 12th biggest holding. U S Global Investors Inc. owned 0.11% of Expedia Group worth $22,565,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in EXPE. ORG Partners LLC boosted its stake in Expedia Group by 4,525.0% during the 1st quarter. ORG Partners LLC now owns 185 shares of the online travel company’s stock worth $25,000 after purchasing an additional 181 shares during the last quarter. Innealta Capital LLC acquired a new stake in Expedia Group during the 2nd quarter worth $27,000. Blue Trust Inc. boosted its stake in Expedia Group by 93.8% during the 2nd quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock worth $30,000 after purchasing an additional 105 shares during the last quarter. Crewe Advisors LLC purchased a new position in shares of Expedia Group during the 1st quarter worth $40,000. Finally, LRI Investments LLC purchased a new position in shares of Expedia Group during the 1st quarter worth $48,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction on Friday, September 27th. The stock was sold at an average price of $150.21, for a total transaction of $1,502,100.00. Following the completion of the sale, the director now directly owns 208,505 shares of the company’s stock, valued at $31,319,536.05. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction on Friday, September 27th. The stock was sold at an average price of $150.21, for a total transaction of $1,502,100.00. Following the completion of the sale, the director now directly owns 208,505 shares of the company’s stock, valued at $31,319,536.05. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Robert J. Dzielak sold 5,417 shares of the firm’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $134.60, for a total value of $729,128.20. Following the completion of the sale, the insider now directly owns 84,543 shares of the company’s stock, valued at approximately $11,379,487.80. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 38,019 shares of company stock valued at $5,390,191 over the last three months. 8.07% of the stock is currently owned by company insiders.

Expedia Group Stock Down 0.3 %

Expedia Group stock traded down $0.54 during mid-day trading on Tuesday, hitting $162.63. The company had a trading volume of 23,646 shares, compared to its average volume of 2,206,208. The stock has a market cap of $22.16 billion, a price-to-earnings ratio of 30.46, a PEG ratio of 0.60 and a beta of 1.79. Expedia Group, Inc. has a 1 year low of $92.48 and a 1 year high of $164.65. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 2.45. The business has a fifty day moving average of $141.99 and a 200 day moving average of $130.30.

Expedia Group (NASDAQ:EXPE) last announced its earnings results on Thursday, August 8th. The online travel company reported $3.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.17 by $0.34. The business had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.53 billion. Expedia Group had a net margin of 6.09% and a return on equity of 47.55%. The company’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period last year, the firm posted $2.34 earnings per share. On average, sell-side analysts expect that Expedia Group, Inc. will post 8.98 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Citigroup lifted their price target on Expedia Group from $140.00 to $145.00 and gave the stock a “neutral” rating in a report on Friday, August 9th. StockNews.com upgraded Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Wednesday, October 16th. TD Cowen lowered Expedia Group from a “buy” rating to a “hold” rating and lifted their price target for the stock from $130.00 to $150.00 in a report on Wednesday, September 25th. Benchmark restated a “buy” rating and issued a $180.00 price objective on shares of Expedia Group in a report on Friday, August 9th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $140.00 price objective on shares of Expedia Group in a report on Friday, August 9th. Nineteen analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Expedia Group presently has a consensus rating of “Hold” and an average price target of $151.42.

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.