Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by X Square Capital LLC

X Square Capital LLC trimmed its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 33.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,506 shares of the online travel company’s stock after selling 5,274 shares during the period. X Square Capital LLC’s holdings in Expedia Group were worth $1,555,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of EXPE. ORG Partners LLC increased its position in Expedia Group by 4,525.0% during the first 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 purchased a new position in Expedia Group during the second quarter worth about $27,000. Blue Trust Inc. boosted its stake in Expedia Group by 93.8% during the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock worth $30,000 after buying an additional 105 shares during the period. Crewe Advisors LLC purchased a new position in Expedia Group during the first quarter worth about $40,000. Finally, LRI Investments LLC purchased a new position in Expedia Group during the first quarter worth about $48,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EXPE has been the subject of several research analyst reports. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $130.00 target price on shares of Expedia Group in a research note on Monday, October 7th. Jefferies Financial Group increased their target price on shares of Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a research note on Tuesday. Wedbush increased their target price on shares of Expedia Group from $125.00 to $130.00 and gave the stock a “neutral” rating in a research note on Friday, August 9th. TD Cowen lowered shares of Expedia Group from a “buy” rating to a “hold” rating and increased their target price for the stock from $130.00 to $150.00 in a research note on Wednesday, September 25th. Finally, Wells Fargo & Company increased their target price on shares of Expedia Group from $130.00 to $159.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 8th. Nineteen investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $152.15.

Insiders Place Their Bets

In other Expedia Group news, insider Robert J. Dzielak sold 12,602 shares of the firm’s stock in a transaction that occurred on 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 sale, the insider now owns 89,960 shares of the company’s stock, valued at approximately $11,829,740. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Expedia Group news, insider Robert J. Dzielak sold 12,602 shares of the firm’s stock in a transaction that occurred on 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 sale, the insider now owns 89,960 shares of the company’s stock, valued at approximately $11,829,740. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Robert J. Dzielak sold 5,417 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $134.60, for a total transaction of $729,128.20. Following the sale, the insider now directly owns 84,543 shares in the company, valued at approximately $11,379,487.80. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 38,019 shares of company stock valued at $5,390,191. 8.07% of the stock is owned by corporate insiders.

Expedia Group Stock Down 1.8 %

Shares of NASDAQ:EXPE opened at $158.36 on Thursday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 2.45. Expedia Group, Inc. has a fifty-two week low of $92.48 and a fifty-two week high of $164.65. The firm’s 50 day moving average price is $143.19 and its 200 day moving average price is $130.70. The stock has a market cap of $21.58 billion, a price-to-earnings ratio of 29.66, a price-to-earnings-growth ratio of 0.60 and a beta of 1.79.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, August 8th. The online travel company reported $3.51 earnings per share for the quarter, topping analysts’ consensus estimates of $3.17 by $0.34. Expedia Group had a net margin of 6.09% and a return on equity of 47.55%. The company had revenue of $3.56 billion for the quarter, compared to analysts’ expectations of $3.53 billion. During the same quarter last year, the company earned $2.34 earnings per share. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. As a group, equities research analysts predict that Expedia Group, Inc. will post 8.98 earnings per share for the current fiscal year.

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.