Grimes & Company Inc. Has $627,000 Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Grimes & Company Inc. lessened its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 5.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,363 shares of the online travel company’s stock after selling 202 shares during the quarter. Grimes & Company Inc.’s holdings in Expedia Group were worth $627,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Caprock Group LLC boosted its holdings in Expedia Group by 33.7% during the third quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock worth $1,508,000 after purchasing an additional 2,569 shares during the last quarter. Cozad Asset Management Inc. boosted its holdings in Expedia Group by 16.9% during the third quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock worth $4,562,000 after purchasing an additional 4,449 shares during the last quarter. Teamwork Financial Advisors LLC acquired a new position in Expedia Group during the fourth quarter worth $1,791,000. Robeco Institutional Asset Management B.V. boosted its holdings in Expedia Group by 13.1% during the third quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock worth $96,171,000 after purchasing an additional 75,120 shares during the last quarter. Finally, Integrated Investment Consultants LLC acquired a new position in Expedia Group during the third quarter worth $527,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analyst Ratings Changes

EXPE has been the topic of several analyst reports. Wedbush upped their price target on shares of Expedia Group from $130.00 to $180.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Baird R W raised shares of Expedia Group to a “strong-buy” rating in a research report on Wednesday, November 27th. The Goldman Sachs Group upped their price target on shares of Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Bank of America raised shares of Expedia Group from a “neutral” rating to a “buy” rating and upped their price target for the stock from $187.00 to $221.00 in a research report on Wednesday, December 18th. Finally, BTIG Research upped their price target on shares of Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Twenty research analysts have rated the stock with a hold rating, ten have given a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $175.96.

Insider Activity

In other news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $156.87, for a total value of $1,568,700.00. Following the sale, the director now directly owns 188,505 shares in the company, valued at approximately $29,570,779.35. This trade represents a 5.04 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Robert J. Dzielak sold 1,951 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total transaction of $351,180.00. Following the completion of the sale, the insider now owns 85,250 shares in the company, valued at approximately $15,345,000. The trade was a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 28,951 shares of company stock worth $5,045,310. Corporate insiders own 6.80% of the company’s stock.

Expedia Group Trading Down 3.2 %

Shares of Expedia Group stock opened at $171.23 on Friday. The company has a market capitalization of $21.98 billion, a price-to-earnings ratio of 22.04, a PEG ratio of 0.78 and a beta of 1.83. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $192.34. The firm’s 50-day moving average price is $184.26 and its two-hundred day moving average price is $157.56.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, November 7th. The online travel company reported $5.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.42 by ($0.24). Expedia Group had a return on equity of 49.25% and a net margin of 7.97%. The firm had revenue of $4.06 billion for the quarter, compared to analyst estimates of $4.11 billion. During the same quarter in the previous year, the company earned $4.85 earnings per share. On average, analysts forecast that Expedia Group, Inc. will post 8.76 earnings per share for the current fiscal year.

Expedia Group 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.