Beacon Financial Advisory LLC Invests $234,000 in Expedia Group, Inc. (NASDAQ:EXPE)

Beacon Financial Advisory LLC bought a new stake in Expedia Group, Inc. (NASDAQ:EXPE) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,579 shares of the online travel company’s stock, valued at approximately $234,000.

Other institutional investors have also recently bought and sold shares of the company. First Trust Direct Indexing L.P. lifted its position in shares of Expedia Group by 5.8% during the 1st quarter. First Trust Direct Indexing L.P. now owns 1,601 shares of the online travel company’s stock valued at $221,000 after acquiring an additional 88 shares during the period. BI Asset Management Fondsmaeglerselskab A S bought a new position in Expedia Group in the first quarter valued at approximately $889,000. Duality Advisers LP raised its position in Expedia Group by 47.5% during the first quarter. Duality Advisers LP now owns 24,402 shares of the online travel company’s stock valued at $3,361,000 after purchasing an additional 7,853 shares in the last quarter. ORG Partners LLC lifted its stake in Expedia Group by 4,525.0% during the first quarter. ORG Partners LLC now owns 185 shares of the online travel company’s stock worth $25,000 after purchasing an additional 181 shares during the last quarter. Finally, Empirical Finance LLC lifted its position in shares of Expedia Group by 3.2% during the 1st quarter. Empirical Finance LLC now owns 5,101 shares of the online travel company’s stock worth $703,000 after buying an additional 157 shares during the last quarter. Institutional investors own 90.76% of the company’s stock.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $156.87, for a total transaction of $1,568,700.00. Following the completion of the sale, the director now directly owns 188,505 shares of the company’s stock, valued at approximately $29,570,779.35. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction on Friday, November 1st. The shares were sold at an average price of $156.87, for a total transaction of $1,568,700.00. Following the transaction, the director now directly owns 188,505 shares of the company’s stock, valued at $29,570,779.35. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert J. Dzielak sold 5,417 shares of the stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $134.60, for a total transaction of $729,128.20. Following the completion of the sale, the insider now owns 84,543 shares of the company’s stock, valued at approximately $11,379,487.80. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 48,019 shares of company stock worth $6,958,891. Insiders own 6.80% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Wells Fargo & Company lifted their target price on Expedia Group from $130.00 to $159.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 8th. Wedbush raised their price objective on Expedia Group from $125.00 to $130.00 and gave the company a “neutral” rating in a report on Friday, August 9th. Truist Financial began coverage on Expedia Group in a research report on Friday, September 6th. They set a “hold” rating and a $148.00 price objective on the stock. BTIG Research upped their price objective on Expedia Group from $150.00 to $175.00 and gave the company a “buy” rating in a research note on Friday, September 27th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $140.00 target price on shares of Expedia Group in a research report on Friday, August 9th. Nineteen research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $152.54.

Expedia Group Trading Up 4.2 %

Shares of Expedia Group stock opened at $171.85 on Thursday. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a 50 day moving average price of $148.31 and a two-hundred day moving average price of $132.84. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $173.61. The stock has a market capitalization of $22.37 billion, a PE ratio of 30.69, a price-to-earnings-growth ratio of 0.62 and a beta of 1.78.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, August 8th. The online travel company reported $3.51 EPS 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 company 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, equities analysts anticipate that Expedia Group, Inc. will post 8.99 earnings per share for the current fiscal year.

Expedia Group Company 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.