Westbourne Investment Advisors Inc. Acquires 268 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Westbourne Investment Advisors Inc. boosted its position in Expedia Group, Inc. (NASDAQ:EXPE) by 0.6% during the third quarter, Holdings Channel reports. The fund owned 43,919 shares of the online travel company’s stock after acquiring an additional 268 shares during the period. Expedia Group comprises 2.3% of Westbourne Investment Advisors Inc.’s holdings, making the stock its 13th biggest holding. Westbourne Investment Advisors Inc.’s holdings in Expedia Group were worth $6,501,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sumitomo Mitsui Trust Holdings Inc. boosted its position in Expedia Group by 1.9% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 343,389 shares of the online travel company’s stock valued at $47,302,000 after buying an additional 6,432 shares during the period. First Trust Direct Indexing L.P. increased its position in shares of 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 acquiring an additional 88 shares in the last quarter. Van ECK Associates Corp lifted its holdings in shares of Expedia Group by 25.2% during the first quarter. Van ECK Associates Corp now owns 30,820 shares of the online travel company’s stock valued at $4,245,000 after purchasing an additional 6,194 shares in the last quarter. Private Advisor Group LLC boosted its holdings in shares of Expedia Group by 0.4% during the 1st quarter. Private Advisor Group LLC now owns 24,351 shares of the online travel company’s stock valued at $3,354,000 after acquiring an additional 87 shares during the last quarter. Finally, Fidelis Capital Partners LLC purchased a new stake in Expedia Group during the 1st quarter valued at $66,000. 90.76% of the stock is currently owned by institutional investors.

Insider Activity

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction dated 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 approximately $31,319,536.05. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of $150.21, for a total transaction of $1,502,100.00. Following the sale, the director now directly owns 208,505 shares in the company, valued at approximately $31,319,536.05. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Robert J. Dzielak sold 5,417 shares of the stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $134.60, for a total value of $729,128.20. Following the transaction, the insider now owns 84,543 shares of the company’s stock, valued at approximately $11,379,487.80. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 38,019 shares of company stock worth $5,390,191. Insiders own 6.80% of the company’s stock.

Expedia Group Stock Up 2.0 %

Shares of Expedia Group stock traded up $3.09 during trading on Friday, hitting $159.40. 1,212,229 shares of the stock traded hands, compared to its average volume of 1,511,625. The stock has a market cap of $20.75 billion, a P/E ratio of 28.46, a PEG ratio of 0.61 and a beta of 1.78. The company has a fifty day moving average price of $146.71 and a two-hundred day moving average price of $132.06. 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 twelve month low of $93.19 and a twelve month high of $164.65.

Expedia Group (NASDAQ:EXPE) last released its earnings results 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 return on equity of 47.55% and a net margin of 6.09%. The business had revenue of $3.56 billion for the quarter, compared to the consensus estimate of $3.53 billion. During the same period last year, the business earned $2.34 earnings per share. The firm’s revenue for the quarter was up 6.0% compared to the same quarter last year. Equities research analysts predict that Expedia Group, Inc. will post 8.99 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on EXPE shares. Bank of America lifted their price target on shares of Expedia Group from $144.00 to $166.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. DA Davidson reissued a “neutral” rating and set a $135.00 price target on shares of Expedia Group in a research note on Friday, August 9th. 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 research report on Wednesday, September 25th. Benchmark reissued a “buy” rating and set a $180.00 target price on shares of Expedia Group in a research note on Friday, August 9th. Finally, Barclays decreased their price objective on Expedia Group from $138.00 to $134.00 and set an “equal weight” rating for the company 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 given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $152.54.

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.