Expedia Group, Inc. (NASDAQ:EXPE) Shares Purchased by Ashburton Jersey Ltd

Ashburton Jersey Ltd grew its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 28.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,955 shares of the online travel company’s stock after acquiring an additional 5,580 shares during the period. Expedia Group comprises approximately 1.7% of Ashburton Jersey Ltd’s portfolio, making the stock its 18th largest position. Ashburton Jersey Ltd’s holdings in Expedia Group were worth $3,788,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. SVB Wealth LLC grew its holdings in Expedia Group by 8.9% during the third quarter. SVB Wealth LLC now owns 3,598 shares of the online travel company’s stock worth $371,000 after acquiring an additional 294 shares during the period. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Expedia Group by 35.2% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 17,303 shares of the online travel company’s stock worth $1,783,000 after acquiring an additional 4,505 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake in shares of Expedia Group by 3.1% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 80,635 shares of the online travel company’s stock valued at $8,311,000 after buying an additional 2,390 shares during the period. Bailard Inc. raised its holdings in shares of Expedia Group by 9.1% in the 3rd quarter. Bailard Inc. now owns 39,375 shares of the online travel company’s stock worth $4,058,000 after purchasing an additional 3,273 shares during the period. Finally, Brown Advisory Inc. grew its stake in Expedia Group by 105.2% during the third quarter. Brown Advisory Inc. now owns 33,257 shares of the online travel company’s stock worth $3,428,000 after buying an additional 17,050 shares during the period. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on EXPE shares. The Goldman Sachs Group boosted their price target on Expedia Group from $155.00 to $190.00 and gave the stock a “buy” rating in a research report on Friday, January 19th. Wedbush restated a “neutral” rating and issued a $130.00 price target on shares of Expedia Group in a research report on Thursday, April 18th. Bank of America cut shares of Expedia Group from a “buy” rating to a “neutral” rating and set a $156.00 price objective on the stock. in a report on Friday, February 9th. BMO Capital Markets assumed coverage on shares of Expedia Group in a research note on Tuesday, January 9th. They issued an “outperform” rating and a $181.00 price target for the company. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $175.00 price target on shares of Expedia Group in a report on Monday. Thirteen investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, Expedia Group presently has a consensus rating of “Moderate Buy” and an average price target of $149.12.

Expedia Group Trading Up 0.9 %

EXPE stock traded up $1.22 during mid-day trading on Thursday, reaching $134.36. The company’s stock had a trading volume of 1,136,910 shares, compared to its average volume of 2,397,189. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 2.24. The business’s 50 day moving average price is $134.29 and its 200 day moving average price is $134.85. The company has a market cap of $18.31 billion, a price-to-earnings ratio of 24.75, a price-to-earnings-growth ratio of 0.41 and a beta of 1.83. Expedia Group, Inc. has a 12 month low of $87.94 and a 12 month high of $160.05.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, February 8th. The online travel company reported $1.18 EPS for the quarter, topping the consensus estimate of $1.08 by $0.10. Expedia Group had a return on equity of 35.79% and a net margin of 6.21%. The firm had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.88 billion. On average, equities research analysts predict that Expedia Group, Inc. will post 9.7 EPS for the current year.

Insider Activity

In other Expedia Group news, CAO Lance A. Soliday sold 5,119 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total value of $702,377.99. Following the sale, the chief accounting officer now owns 10,880 shares of the company’s stock, valued at approximately $1,492,844.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 8.07% of the company’s stock.

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.