Swedbank AB lowered its stake in Expedia Group, Inc. (NASDAQ:EXPE – Free Report) by 3.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 162,550 shares of the online travel company’s stock after selling 5,790 shares during the quarter. Swedbank AB’s holdings in Expedia Group were worth $30,288,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also made changes to their positions in EXPE. Caprock Group LLC increased its holdings in shares of Expedia Group by 33.7% in the 3rd quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock valued at $1,508,000 after purchasing an additional 2,569 shares during the period. Teamwork Financial Advisors LLC bought a new position in shares of Expedia Group in the fourth quarter valued at approximately $1,791,000. Cozad Asset Management Inc. lifted its position in Expedia Group by 16.9% during the 3rd quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock worth $4,562,000 after acquiring an additional 4,449 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its position in shares of Expedia Group by 13.1% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock worth $96,171,000 after purchasing an additional 75,120 shares during the last quarter. Finally, Integrated Investment Consultants LLC bought a new stake in shares of Expedia Group in the third quarter valued at approximately $527,000. Institutional investors and hedge funds own 90.76% of the company’s stock.
Insider Activity
In other Expedia Group news, CAO Lance A. Soliday sold 7,000 shares of the company’s stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $181.99, for a total value of $1,273,930.00. Following the transaction, the chief accounting officer now directly owns 11,187 shares in the company, valued at $2,035,922.13. The trade was a 38.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Robert J. Dzielak sold 1,951 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $180.00, for a total transaction of $351,180.00. Following the completion of the transaction, the insider now directly owns 85,250 shares in the company, valued at approximately $15,345,000. This represents a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 18,951 shares of company stock valued at $3,476,610. 6.80% of the stock is owned by company insiders.
Analysts Set New Price Targets
View Our Latest Research Report on Expedia Group
Expedia Group Stock Up 0.4 %
Shares of Expedia Group stock opened at $171.95 on Friday. The business’s 50 day simple moving average is $183.77 and its 200 day simple moving average is $158.62. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. The firm has a market cap of $22.07 billion, a PE ratio of 22.13, a P/E/G ratio of 0.78 and a beta of 1.83. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $192.34.
Expedia Group (NASDAQ:EXPE – Get Free Report) last issued 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 company had revenue of $4.06 billion for the quarter, compared to analyst estimates of $4.11 billion. During the same period last year, the company posted $4.85 earnings per share. On average, analysts predict that Expedia Group, Inc. will post 8.76 earnings per share for the current fiscal year.
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.
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