Expedia Group, Inc. (NASDAQ:EXPE) Position Boosted by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd increased its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 33.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 67,633 shares of the online travel company’s stock after buying an additional 16,882 shares during the period. Mediolanum International Funds Ltd’s holdings in Expedia Group were worth $10,067,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of EXPE. ORG Partners LLC lifted its holdings in Expedia Group by 4,525.0% in the first quarter. ORG Partners LLC now owns 185 shares of the online travel company’s stock worth $25,000 after acquiring an additional 181 shares during the last quarter. Innealta Capital LLC bought a new position in Expedia Group in the second quarter worth about $27,000. Blue Trust Inc. lifted its holdings in Expedia Group by 93.8% in the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock worth $30,000 after acquiring an additional 105 shares during the last quarter. Crewe Advisors LLC bought a new position in Expedia Group in the first quarter worth about $40,000. Finally, LRI Investments LLC bought a new position in Expedia Group in the first quarter worth about $48,000. Institutional investors own 90.76% of the company’s stock.

Analyst Upgrades and Downgrades

EXPE has been the topic of a number of recent research reports. Piper Sandler reissued a “neutral” rating and issued a $140.00 target price (down previously from $145.00) on shares of Expedia Group in a report on Friday, August 9th. Bank of America lifted their price target on Expedia Group from $144.00 to $166.00 and gave the company a “neutral” rating in a report on Friday. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $140.00 price target on shares of Expedia Group in a report on Friday, August 9th. Citigroup lifted their price target on Expedia Group from $140.00 to $145.00 and gave the company a “neutral” rating in a report on Friday, August 9th. Finally, Jefferies Financial Group lifted their price target on Expedia Group from $145.00 to $160.00 and gave the company a “hold” rating in a report on Tuesday. Nineteen research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, Expedia Group presently has an average rating of “Hold” and an average price target of $152.54.

Insiders Place Their Bets

In other Expedia Group news, insider Robert J. Dzielak sold 5,417 shares of Expedia Group stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $134.60, for a total transaction of $729,128.20. Following the transaction, the insider now directly owns 84,543 shares in the company, valued at approximately $11,379,487.80. The trade was a 0.00 % decrease in their position. The transaction 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, September 27th. The shares were 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 owns 208,505 shares of the company’s stock, valued at $31,319,536.05. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Robert J. Dzielak sold 5,417 shares of Expedia Group stock in a transaction on Monday, August 19th. The shares were sold at an average price of $134.60, for a total transaction of $729,128.20. Following the sale, the insider now directly owns 84,543 shares of the company’s stock, valued at $11,379,487.80. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 38,019 shares of company stock worth $5,390,191. Corporate insiders own 8.07% of the company’s stock.

Expedia Group Trading Down 1.3 %

NASDAQ EXPE opened at $158.39 on Friday. Expedia Group, Inc. has a twelve month low of $92.48 and a twelve month high of $164.65. 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 market cap of $21.59 billion, a price-to-earnings ratio of 29.66, a PEG ratio of 0.60 and a beta of 1.79. The firm’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 data 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 firm had revenue of $3.56 billion for the quarter, compared to analysts’ expectations of $3.53 billion. During the same period in the previous year, the company posted $2.34 EPS. The company’s quarterly revenue was up 6.0% compared to the same quarter last year. Equities analysts anticipate that Expedia Group, Inc. will post 8.98 EPS for the current year.

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.