Central Bank & Trust Co. Has $738,000 Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Central Bank & Trust Co. lowered its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 5.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,989 shares of the online travel company’s stock after selling 272 shares during the quarter. Central Bank & Trust Co.’s holdings in Expedia Group were worth $738,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. DoubleLine ETF Adviser LP bought a new stake in Expedia Group in the second quarter valued at about $465,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Expedia Group by 18.3% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 154,867 shares of the online travel company’s stock valued at $21,333,000 after acquiring an additional 23,939 shares during the last quarter. Swedbank AB raised its position in shares of Expedia Group by 5.0% in the 2nd quarter. Swedbank AB now owns 169,076 shares of the online travel company’s stock valued at $21,302,000 after acquiring an additional 8,026 shares during the period. Forsta AP Fonden boosted its stake in Expedia Group by 26.6% during the 3rd quarter. Forsta AP Fonden now owns 42,300 shares of the online travel company’s stock worth $6,261,000 after acquiring an additional 8,900 shares during the last quarter. Finally, Advisors Asset Management Inc. grew its holdings in Expedia Group by 33.7% during the first quarter. Advisors Asset Management Inc. now owns 7,927 shares of the online travel company’s stock valued at $1,092,000 after purchasing an additional 1,996 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Trading Up 1.1 %

EXPE stock opened at $161.11 on Tuesday. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $164.65. The company’s 50-day simple moving average is $147.19 and its 200 day simple moving average is $132.31. The company has a market capitalization of $20.97 billion, a PE ratio of 28.77, a price-to-earnings-growth ratio of 0.62 and a beta of 1.78. 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 (NASDAQ:EXPE) last released 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. The company had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.53 billion. Expedia Group had a return on equity of 47.55% and a net margin of 6.09%. Expedia Group’s quarterly revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the firm posted $2.34 EPS. As a group, sell-side analysts anticipate that Expedia Group, Inc. will post 8.99 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. BTIG Research increased their target price on shares of Expedia Group from $150.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, September 27th. Wedbush lifted their target price on Expedia Group from $125.00 to $130.00 and gave the stock a “neutral” rating in a report on Friday, August 9th. UBS Group increased their price target on Expedia Group from $137.00 to $156.00 and gave the stock a “neutral” rating in a report on Wednesday, October 23rd. Truist Financial started coverage on Expedia Group in a report on Friday, September 6th. They set a “hold” rating and a $148.00 price objective on the stock. Finally, Citigroup increased their price objective on Expedia Group from $140.00 to $145.00 and gave the stock a “neutral” rating 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 stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $152.54.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction on Friday, September 27th. The stock was sold at an average price of $150.21, for a total value of $1,502,100.00. Following the sale, the director now owns 208,505 shares of the company’s stock, valued at approximately $31,319,536.05. This trade represents 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 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 transaction, the director now 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 completion of the sale, the insider now owns 89,960 shares in the company, valued at approximately $11,829,740. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 48,019 shares of company stock worth $6,958,891 over the last three months. Corporate insiders own 6.80% 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.