Tran Capital Management L.P. Sells 129 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Tran Capital Management L.P. lowered its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 0.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 68,499 shares of the online travel company’s stock after selling 129 shares during the quarter. Expedia Group comprises approximately 1.4% of Tran Capital Management L.P.’s holdings, making the stock its 22nd largest holding. Tran Capital Management L.P. owned 0.05% of Expedia Group worth $12,763,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of EXPE. Grove Bank & Trust increased its holdings in shares of Expedia Group by 676.2% during the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after purchasing an additional 142 shares during the period. Venturi Wealth Management LLC grew its position in Expedia Group by 709.8% during the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after buying an additional 291 shares in the last quarter. Brooklyn Investment Group acquired a new position in Expedia Group in the 3rd quarter valued at approximately $51,000. Future Financial Wealth Managment LLC bought a new stake in shares of Expedia Group in the 3rd quarter worth approximately $74,000. Finally, UMB Bank n.a. grew its holdings in shares of Expedia Group by 14.8% during the 4th quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock worth $91,000 after purchasing an additional 63 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Expedia Group Stock Performance

Expedia Group stock opened at $171.23 on Friday. The company has a market cap of $21.98 billion, a PE ratio of 22.04, a PEG ratio of 0.78 and a beta of 1.83. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $192.34. The company’s 50-day moving average is $184.26 and its two-hundred day moving average 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 for the quarter, missing the consensus estimate of $5.42 by ($0.24). Expedia Group had a net margin of 7.97% and a return on equity of 49.25%. The business had revenue of $4.06 billion during the quarter, compared to analyst estimates of $4.11 billion. During the same quarter in the prior year, the company earned $4.85 earnings per share. Equities analysts anticipate that Expedia Group, Inc. will post 8.76 earnings per share for the current year.

Wall Street Analyst Weigh In

EXPE has been the subject of several research reports. Morgan Stanley raised their target price on Expedia Group from $180.00 to $185.00 and gave the stock an “equal weight” rating in a research report on Monday, January 13th. Melius raised shares of Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 price objective for the company in a report on Monday, January 6th. Melius Research raised shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Robert W. Baird assumed coverage on shares of Expedia Group in a research note on Wednesday, November 27th. They set an “outperform” rating and a $225.00 price target for the company. Finally, Wells Fargo & Company decreased their price objective on Expedia Group from $172.00 to $168.00 and set an “equal weight” rating on the stock in a report on Thursday, January 16th. Twenty analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $175.96.

Insider Transactions at Expedia Group

In related news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the transaction, the director now owns 168,505 shares of the company’s stock, valued at $31,198,700.75. This trade represents a 5.60 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Lance A. Soliday sold 7,000 shares of the business’s stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $181.99, for a total transaction of $1,273,930.00. Following the transaction, the chief accounting officer now owns 11,187 shares of the company’s stock, valued at approximately $2,035,922.13. This represents a 38.49 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 28,951 shares of company stock worth $5,045,310 in the last three months. Insiders own 6.80% of the company’s stock.

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.