Jeppson Wealth Management LLC Makes New Investment in Expedia Group, Inc. (NASDAQ:EXPE)

Jeppson Wealth Management LLC bought a new position in Expedia Group, Inc. (NASDAQ:EXPE) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 1,294 shares of the online travel company’s stock, valued at approximately $241,000.

A number of other hedge funds and other institutional investors have also modified their holdings of EXPE. Public Sector Pension Investment Board raised its stake in Expedia Group by 45.3% during the second quarter. Public Sector Pension Investment Board now owns 4,341 shares of the online travel company’s stock worth $547,000 after purchasing an additional 1,354 shares during the period. MBB Public Markets I LLC purchased a new stake in shares of Expedia Group during the 2nd quarter valued at approximately $1,216,000. Mackenzie Financial Corp lifted its holdings in Expedia Group by 20.7% in the second quarter. Mackenzie Financial Corp now owns 172,930 shares of the online travel company’s stock valued at $21,787,000 after acquiring an additional 29,656 shares during the last quarter. Algert Global LLC purchased a new position in Expedia Group in the second quarter worth approximately $380,000. Finally, Creative Planning increased its stake in Expedia Group by 12.2% during the second quarter. Creative Planning now owns 42,927 shares of the online travel company’s stock worth $5,408,000 after acquiring an additional 4,684 shares during the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Trading Down 1.2 %

Shares of Expedia Group stock opened at $169.11 on Tuesday. The company has a fifty day simple moving average of $184.26 and a 200-day simple moving average of $157.96. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $192.34. The stock has a market cap of $21.71 billion, a price-to-earnings ratio of 21.76, a PEG ratio of 0.78 and a beta of 1.83.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, November 7th. The online travel company reported $5.18 EPS for the quarter, missing the consensus estimate of $5.42 by ($0.24). Expedia Group had a net margin of 7.97% and a return on equity of 49.25%. The business had revenue of $4.06 billion during the quarter, compared to analysts’ expectations of $4.11 billion. During the same quarter last year, the company earned $4.85 EPS. On average, equities analysts forecast that Expedia Group, Inc. will post 8.76 EPS for the current fiscal year.

Insider Buying and Selling at Expedia Group

In related news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $156.87, for a total value of $1,568,700.00. Following the completion of the sale, the director now owns 188,505 shares in the company, valued at $29,570,779.35. This trade represents a 5.04 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Robert J. Dzielak sold 1,951 shares of the company’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following the transaction, the insider now directly owns 85,250 shares in the company, valued at $15,345,000. This represents a 2.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 28,951 shares of company stock valued at $5,045,310 in the last ninety days. Insiders own 6.80% of the company’s stock.

Analysts Set New Price Targets

EXPE has been the topic of several recent analyst reports. Jefferies Financial Group upped their price target on Expedia Group from $145.00 to $160.00 and gave the company a “hold” rating in a research note on Tuesday, October 22nd. UBS Group upped their target price on shares of Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft cut shares of Expedia Group from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Barclays upped their price objective on shares of Expedia Group from $153.00 to $166.00 and gave the stock an “equal weight” rating in a report on Monday, January 13th. Finally, Wedbush boosted their target price on Expedia Group from $130.00 to $180.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. Twenty analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $175.96.

About Expedia Group

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.