Expedia Group, Inc. (NASDAQ:EXPE) Short Interest Update

Expedia Group, Inc. (NASDAQ:EXPEGet Free Report) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 6,010,000 shares, an increase of 5.4% from the February 29th total of 5,700,000 shares. Based on an average daily volume of 2,550,000 shares, the short-interest ratio is presently 2.4 days. Currently, 4.6% of the company’s stock are sold short.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $130.56 on Thursday. The firm has a market capitalization of $17.79 billion, a P/E ratio of 24.27, a P/E/G ratio of 0.41 and a beta of 1.86. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 2.24. The stock’s 50-day simple moving average is $139.62 and its two-hundred day simple moving average is $130.55. Expedia Group has a twelve month low of $87.94 and a twelve month high of $160.05.

Expedia Group (NASDAQ:EXPEGet Free Report) last announced its earnings results on Thursday, February 8th. The online travel company reported $1.18 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.10. The business had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.88 billion. Expedia Group had a return on equity of 35.79% and a net margin of 6.21%. As a group, equities analysts anticipate that Expedia Group will post 9.74 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CAO Lance A. Soliday sold 5,119 shares of the stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total value of $702,377.99. Following the transaction, the chief accounting officer now directly owns 10,880 shares in the company, valued at approximately $1,492,844.80. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, CAO Lance A. Soliday sold 5,119 shares of the business’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total transaction of $702,377.99. Following the transaction, the chief accounting officer now directly owns 10,880 shares in the company, valued at $1,492,844.80. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $150.04, for a total transaction of $1,500,400.00. Following the transaction, the director now directly owns 216,521 shares in the company, valued at approximately $32,486,810.84. The disclosure for this sale can be found here. 8.07% of the stock is owned by company insiders.

Hedge Funds Weigh In On Expedia Group

A number of institutional investors have recently added to or reduced their stakes in the business. Raymond James Trust N.A. increased its position in shares of Expedia Group by 17.6% during the 1st quarter. Raymond James Trust N.A. now owns 1,364 shares of the online travel company’s stock valued at $267,000 after purchasing an additional 204 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Expedia Group by 6.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 301,932 shares of the online travel company’s stock valued at $59,077,000 after purchasing an additional 17,680 shares during the last quarter. Blair William & Co. IL increased its position in shares of Expedia Group by 16.1% during the 1st quarter. Blair William & Co. IL now owns 6,052 shares of the online travel company’s stock valued at $1,184,000 after purchasing an additional 838 shares during the last quarter. Prudential PLC bought a new position in shares of Expedia Group during the 1st quarter valued at about $397,000. Finally, Cetera Investment Advisers increased its position in shares of Expedia Group by 50.9% during the 1st quarter. Cetera Investment Advisers now owns 3,751 shares of the online travel company’s stock valued at $734,000 after purchasing an additional 1,265 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on EXPE shares. BMO Capital Markets started coverage on Expedia Group in a research note on Tuesday, January 9th. They set an “outperform” rating and a $181.00 target price on the stock. Barclays lowered Expedia Group from an “overweight” rating to an “equal weight” rating and increased their price objective for the company from $136.00 to $150.00 in a report on Tuesday, December 12th. Wells Fargo & Company decreased their target price on Expedia Group from $159.00 to $155.00 and set an “equal weight” rating for the company in a research report on Friday, February 9th. The Goldman Sachs Group upped their price target on Expedia Group from $155.00 to $190.00 and gave the company a “buy” rating in a research report on Friday, January 19th. Finally, StockNews.com raised Expedia Group from a “hold” rating to a “buy” rating in a report on Wednesday, February 14th. Thirteen equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $149.12.

Check Out Our Latest Stock Report on Expedia Group

Expedia Group Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Expedia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia Group and related companies with MarketBeat.com's FREE daily email newsletter.