Avantax Advisory Services Inc. Takes $ 274,000 Position in Expedia Group, Inc. (NASDAQ: EXPE)


Avantax Advisory Services Inc. bought a new position in Expedia Group, Inc. (NASDAQ: EXPE – Get Rating) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,384 shares of the online travel company’s stock, valued at approximately $ 274,000.

A number of other hedge funds have also recently modified their holdings of EXPE. AE Wealth Management LLC boosted its stake in shares of Expedia Group by 6.0% in the fourth quarter. AE Wealth Management LLC now owns 1,653 shares of the online travel company’s stock worth $ 299,000 after buying an additional 93 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Expedia Group by 14.7% in the fourth quarter. Russell Investments Group Ltd. now owns 22,566 shares of the online travel company’s stock worth $ 4,077,000 after buying an additional 2,900 shares during the last quarter. Kestra Private Wealth Services LLC boosted its position in Expedia Group by 44.1% during the fourth quarter. Kestra Private Wealth Services LLC now owns 2,733 shares of the online travel company’s stock worth $ 494,000 after purchasing an additional 837 shares in the last quarter. Strs Ohio boosted its position in Expedia Group by 388.2% during the fourth quarter. Strs Ohio now owns 32,338 shares of the online travel company’s stock worth $ 5,844,000 after purchasing an additional 25,714 shares in the last quarter. Finally, National Bank of Canada FI purchased a new position in Expedia Group during the fourth quarter worth approximately $ 199,000. Hedge funds and other institutional investors own 96.08% of the company’s stock.

Insiders Place Their Bets

In other Expedia Group news, CAO Lance A. Soliday sold 376 shares of the firm’s stock in a transaction on Monday, May 16th. The stock was sold at an average price of $ 124.12, for a total transaction of $ 46,669.12. Following the completion of the sale, the chief accounting officer now owns 8,949 shares of the company’s stock, valued at $ 1,110,749.88. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, CAO Lance A. Soliday sold 376 shares of the firm’s stock in a transaction on Monday, May 16th. The stock was sold at an average price of $ 124.12, for a total transaction of $ 46,669.12. Following the completion of the transaction, the chief accounting officer now directly owns 8,949 shares in the company, valued at $ 1,110,749.88. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction on Monday, May 2nd. The stock was sold at an average price of $ 172.94, for a total value of $ 1,729,400.00. Following the transaction, the director now owns 252,112 shares of the company’s stock, valued at $ 43,600,249.28. The disclosure for this sale can be found here. 5.00% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. DA Davidson increased their price target on Expedia Group from $ 167.00 to $ 195.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 3rd. Ascendiant Capital Markets set at $ 202.00 price target on Expedia Group in a research report on Monday, June 20th. BTIG Research lowered their price target on Expedia Group from $ 235.00 to $ 150.00 and set a “buy” rating on the stock in a research report on Wednesday, June 15th. Redburn Partners upgraded Expedia Group from a “neutral” rating to a “buy” rating in a research report on Wednesday, May 18th. Finally, JPMorgan Chase & Co. lowered their price target on Expedia Group from $ 206.00 to $ 125.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 29th. Fourteen investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $ 191.30.

Expedia Group Price Performance

EXPE stock opened at $ 103.18 on Thursday. The business has a fifty day moving average of $ 110.16 and a two-hundred day moving average of $ 157.77. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 2.16. The stock has a market cap of $ 16.21 billion, a price-to-earnings ratio of 88.95, a price-to-earnings-growth ratio of 1.48 and a beta of 1.61. Expedia Group, Inc. has a 52-week low of $ 88.70 and a 52-week high of $ 217.72.

Expedia Group (NASDAQ: EXPE – Get Rating) last posted its earnings results on Monday, May 2nd. The online travel company reported ($ 0.93) earnings per share (EPS) for the quarter, missing the consensus estimate of ($ 0.69) by ($ 0.24). The business had revenue of $ 2.25 billion for the quarter, compared to analyst estimates of $ 2.27 billion. Expedia Group had a return on equity of 11.93% and a net margin of 4.87%. During the same period last year, the business earned ($ 2.59) EPS. As a group, research analysts anticipate that Expedia Group, Inc. will post 4.57 earnings per share for the current year.

Expedia Group Company Profile

(Get Rating)

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through Retail, B2B, and trivago segments. Its brand portfolio includes Brand Expedia, a full-service online travel brand with localized websites; Hotels.com for marketing and distributing lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, and CheapTickets travel websites; ebookers, an online EMEA travel agent for travelers an array of travel options; Hotwire, which offers travel booking services; CarRentals.com, an online car rental booking service; Classic Vacations, a luxury travel specialist; and Expedia Cruise, a provider of advice for travelers booking cruises.

Further Reading

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Institutional Ownership by Quarter for Expedia Group (NASDAQ: EXPE)



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