Livforsakringsbolaget Skandia Omsesidigt Purchases 10,300 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Livforsakringsbolaget Skandia Omsesidigt raised its position in Expedia Group, Inc. (NASDAQ:EXPE) by 26.5% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 49,237 shares of the online travel company’s stock after acquiring an additional 10,300 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Expedia Group were worth $7,285,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Pacer Advisors Inc. increased its position in shares of Expedia Group by 36.8% in the second quarter. Pacer Advisors Inc. now owns 2,654,200 shares of the online travel company’s stock valued at $334,403,000 after acquiring an additional 714,229 shares during the last quarter. Fisher Asset Management LLC grew its position in shares of Expedia Group by 4.3% in the 4th quarter. Fisher Asset Management LLC now owns 1,439,448 shares of the online travel company’s stock valued at $218,494,000 after acquiring an additional 59,352 shares during the period. Dimensional Fund Advisors LP increased its position in Expedia Group by 14.8% during the second quarter. Dimensional Fund Advisors LP now owns 1,054,485 shares of the online travel company’s stock worth $132,851,000 after buying an additional 135,973 shares during the last quarter. Clearbridge Investments LLC lifted its position in shares of Expedia Group by 3.1% in the first quarter. Clearbridge Investments LLC now owns 971,327 shares of the online travel company’s stock valued at $133,800,000 after buying an additional 29,294 shares during the last quarter. Finally, AustralianSuper Pty Ltd boosted its position in Expedia Group by 88.8% during the second quarter. AustralianSuper Pty Ltd now owns 753,260 shares of the online travel company’s stock worth $94,903,000 after purchasing an additional 354,389 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Price Performance

EXPE stock opened at $150.50 on Friday. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.76 and a current ratio of 0.76. Expedia Group, Inc. has a 52-week low of $92.48 and a 52-week high of $160.05. The company has a market capitalization of $20.51 billion, a P/E ratio of 28.18, a PEG ratio of 0.60 and a beta of 1.79. The company has a fifty day moving average price of $137.68 and a 200-day moving average price of $129.49.

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 the consensus estimate of $3.17 by $0.34. Expedia Group had a return on equity of 47.55% and a net margin of 6.09%. The business had revenue of $3.56 billion during the quarter, compared to analyst estimates of $3.53 billion. During the same period last year, the company earned $2.34 EPS. Expedia Group’s revenue for the quarter was up 6.0% compared to the same quarter last year. As a group, equities analysts expect that Expedia Group, Inc. will post 8.98 EPS for the current year.

Analyst Ratings Changes

EXPE has been the subject of several research reports. Wells Fargo & Company lifted their price target on Expedia Group from $130.00 to $159.00 and gave the stock an “equal weight” rating in a report on Tuesday. DA Davidson reiterated a “neutral” rating and issued a $135.00 price objective on shares of Expedia Group in a research note on Friday, August 9th. UBS Group decreased their target price on shares of Expedia Group from $140.00 to $137.00 and set a “neutral” rating on the stock in a research report on Friday, August 9th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $130.00 price target on shares of Expedia Group in a research report on Monday, October 7th. Finally, TD Cowen cut Expedia Group from a “buy” rating to a “hold” rating and boosted their price target for the company from $130.00 to $150.00 in a research note on Wednesday, September 25th. Nineteen investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $150.85.

Insider Transactions at Expedia Group

In other news, insider Robert J. Dzielak sold 12,602 shares of the business’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $131.50, for a total value of $1,657,163.00. Following the transaction, the insider now directly owns 89,960 shares of the company’s stock, valued at $11,829,740. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, insider Robert J. Dzielak sold 12,602 shares of the company’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $131.50, for a total transaction of $1,657,163.00. Following the transaction, the insider now owns 89,960 shares in the company, valued at approximately $11,829,740. This 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 accessible through this link. Also, insider Robert J. Dzielak sold 5,417 shares of the firm’s stock in a transaction dated 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 owns 84,543 shares of the company’s stock, valued at approximately $11,379,487.80. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 38,019 shares of company stock worth $5,390,191. Company insiders own 8.07% of the company’s stock.

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.