1,484 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Purchased by Heritage Oak Wealth Advisors LLC

Heritage Oak Wealth Advisors LLC acquired a new stake in Expedia Group, Inc. (NASDAQ:EXPE) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 1,484 shares of the online travel company’s stock, valued at approximately $220,000.

Other hedge funds have also recently modified their holdings of the company. Boyd Watterson Asset Management LLC OH raised its stake in shares of Expedia Group by 2.3% during the 3rd quarter. Boyd Watterson Asset Management LLC OH now owns 9,183 shares of the online travel company’s stock worth $1,359,000 after purchasing an additional 204 shares during the period. International Assets Investment Management LLC bought a new stake in Expedia Group in the third quarter worth about $9,181,000. Commerzbank Aktiengesellschaft FI boosted its stake in Expedia Group by 6.9% in the third quarter. Commerzbank Aktiengesellschaft FI now owns 3,152 shares of the online travel company’s stock valued at $467,000 after acquiring an additional 204 shares during the last quarter. Lecap Asset Management Ltd. grew its position in shares of Expedia Group by 5.2% during the 3rd quarter. Lecap Asset Management Ltd. now owns 6,140 shares of the online travel company’s stock valued at $909,000 after acquiring an additional 302 shares during the period. Finally, Sequoia Financial Advisors LLC increased its stake in shares of Expedia Group by 23.9% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 2,403 shares of the online travel company’s stock worth $356,000 after purchasing an additional 463 shares during the last quarter. Institutional investors own 90.76% of the company’s stock.

Wall Street Analyst Weigh In

EXPE has been the subject of several research reports. Piper Sandler reissued a “neutral” rating and set a $140.00 price objective (down from $145.00) on shares of Expedia Group in a report on Friday, August 9th. Susquehanna lifted their price objective on Expedia Group from $125.00 to $145.00 and gave the stock a “neutral” rating in a report on Monday, August 12th. UBS Group upped their price objective on shares of Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a report on Wednesday. DA Davidson reiterated a “neutral” rating and issued a $135.00 target price on shares of Expedia Group in a research note on Friday, August 9th. Finally, Citigroup raised their price objective on shares of Expedia Group from $140.00 to $145.00 and gave the stock a “neutral” rating in a report on Friday, August 9th. Nineteen equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Expedia Group presently has an average rating of “Hold” and an average target price of $152.54.

Expedia Group Trading Down 1.3 %

EXPE stock opened at $158.39 on Friday. The company has a market capitalization of $21.59 billion, a PE ratio of 29.66, a price-to-earnings-growth ratio of 0.60 and a beta of 1.79. 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 one year low of $92.48 and a one year high of $164.65. The company’s 50 day moving average price is $143.75 and its two-hundred day moving average price is $130.90.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, August 8th. The online travel company reported $3.51 earnings per share for the quarter, topping the consensus estimate of $3.17 by $0.34. Expedia Group had a net margin of 6.09% and a return on equity of 47.55%. The business had revenue of $3.56 billion during the quarter, compared to the consensus estimate of $3.53 billion. During the same period in the previous year, the firm posted $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, analysts predict that Expedia Group, Inc. will post 8.98 earnings per share for the current fiscal year.

Insider Activity at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 12,602 shares of Expedia Group stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $131.50, for a total value of $1,657,163.00. Following the transaction, the insider now directly owns 89,960 shares of the company’s stock, valued at $11,829,740. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Robert J. Dzielak sold 12,602 shares of Expedia Group stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $131.50, for a total value of $1,657,163.00. Following the transaction, the insider now directly owns 89,960 shares of the company’s stock, valued at $11,829,740. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, 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 transaction of $1,502,100.00. Following the completion of 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 disclosure for this sale can be found here. Insiders sold 38,019 shares of company stock worth $5,390,191 in the last ninety days. 8.07% of the stock is owned by company insiders.

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.