Hunter Associates Investment Management LLC Grows Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

Hunter Associates Investment Management LLC lifted its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 9.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,821 shares of the online travel company’s stock after purchasing an additional 2,230 shares during the quarter. Hunter Associates Investment Management LLC’s holdings in Expedia Group were worth $3,817,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of EXPE. ORG Partners LLC grew 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 valued at $25,000 after purchasing an additional 181 shares during the last quarter. Innealta Capital LLC purchased a new position in Expedia Group during the second quarter worth about $27,000. Blue Trust Inc. lifted its position in Expedia Group by 93.8% during the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock worth $30,000 after buying an additional 105 shares during the period. Crewe Advisors LLC purchased a new position in Expedia Group during the first quarter worth about $40,000. Finally, LRI Investments LLC purchased a new position in Expedia Group during the first quarter worth about $48,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Insider Transactions at Expedia Group

In related news, insider Robert J. Dzielak sold 12,602 shares of the firm’s 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 sale, the insider now owns 89,960 shares of the company’s stock, valued at approximately $11,829,740. This trade represents 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 news, insider Robert J. Dzielak sold 5,417 shares of Expedia Group stock in a transaction on Monday, August 19th. The stock was 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. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Robert J. Dzielak sold 12,602 shares of Expedia Group stock in a transaction 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 completion of the transaction, the insider now owns 89,960 shares in the company, valued at $11,829,740. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 38,019 shares of company stock worth $5,390,191. 8.07% of the stock is currently owned by corporate insiders.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $158.00 on Tuesday. Expedia Group, Inc. has a fifty-two week low of $92.48 and a fifty-two week high of $164.65. The business has a 50 day moving average price of $144.75 and a two-hundred day moving average price of $131.24. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 2.45. The firm has a market cap of $21.53 billion, a PE ratio of 29.59, a price-to-earnings-growth ratio of 0.63 and a beta of 1.79.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, August 8th. The online travel company reported $3.51 earnings per share for the quarter, beating analysts’ consensus estimates of $3.17 by $0.34. The firm had revenue of $3.56 billion during the quarter, compared to analyst estimates of $3.53 billion. Expedia Group had a return on equity of 47.55% and a net margin of 6.09%. Expedia Group’s quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter last year, the firm earned $2.34 EPS. Sell-side analysts expect that Expedia Group, Inc. will post 8.98 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Susquehanna increased their target price on Expedia Group from $125.00 to $145.00 and gave the stock a “neutral” rating in a research report on Monday, August 12th. Barclays cut their price objective on Expedia Group from $138.00 to $134.00 and set an “equal weight” rating on the stock in a report on Friday, August 9th. Citigroup raised their price objective on Expedia Group from $140.00 to $145.00 and gave the stock a “neutral” rating in a report on Friday, August 9th. Royal Bank of Canada restated a “sector perform” rating and issued a $140.00 price objective on shares of Expedia Group in a report on Friday, August 9th. Finally, Jefferies Financial Group raised their price objective on Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a report on Tuesday, October 22nd. Nineteen investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $152.54.

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.