1,500 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Bought by Pinkerton Retirement Specialists LLC

Pinkerton Retirement Specialists LLC purchased a new stake in Expedia Group, Inc. (NASDAQ:EXPE) during the first quarter, according to its most recent filing with the SEC. The fund purchased 1,500 shares of the online travel company’s stock, valued at approximately $207,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Amalgamated Bank raised its holdings in shares of Expedia Group by 22.3% during the 4th quarter. Amalgamated Bank now owns 47,184 shares of the online travel company’s stock worth $7,162,000 after acquiring an additional 8,595 shares in the last quarter. International Assets Investment Management LLC lifted its position in Expedia Group by 115.8% during the fourth quarter. International Assets Investment Management LLC now owns 39,314 shares of the online travel company’s stock valued at $5,967,000 after purchasing an additional 21,095 shares during the last quarter. Raymond James & Associates grew its stake in shares of Expedia Group by 6.4% in the 4th quarter. Raymond James & Associates now owns 263,351 shares of the online travel company’s stock worth $39,974,000 after buying an additional 15,759 shares in the last quarter. Public Employees Retirement Association of Colorado increased its holdings in shares of Expedia Group by 80.2% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 16,338 shares of the online travel company’s stock worth $2,480,000 after buying an additional 7,270 shares during the last quarter. Finally, AustralianSuper Pty Ltd increased its holdings in shares of Expedia Group by 14.0% in the 4th quarter. AustralianSuper Pty Ltd now owns 355,871 shares of the online travel company’s stock worth $54,018,000 after buying an additional 43,820 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Expedia Group Price Performance

Shares of NASDAQ:EXPE traded up $2.36 during midday trading on Friday, hitting $135.88. The company’s stock had a trading volume of 1,412,336 shares, compared to its average volume of 1,843,570. The company has a market cap of $18.52 billion, a P/E ratio of 25.45, a price-to-earnings-growth ratio of 0.51 and a beta of 1.78. Expedia Group, Inc. has a 12-month low of $92.48 and a 12-month high of $160.05. The business’s 50 day simple moving average is $121.70 and its 200 day simple moving average is $132.07. The company has a debt-to-equity ratio of 2.93, a quick ratio of 0.79 and a current ratio of 0.79.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, May 2nd. The online travel company reported ($0.39) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.96) by $0.57. The business had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.80 billion. Expedia Group had a net margin of 6.18% and a return on equity of 41.63%. On average, analysts forecast that Expedia Group, Inc. will post 9.34 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently issued reports on EXPE shares. Benchmark reissued a “buy” rating and set a $180.00 price objective on shares of Expedia Group in a report on Tuesday, July 2nd. Barclays reduced their price target on Expedia Group from $158.00 to $138.00 and set an “equal weight” rating for the company in a research report on Monday, May 6th. Wedbush decreased their price target on shares of Expedia Group from $130.00 to $125.00 and set a “neutral” rating for the company in a research report on Friday, May 3rd. Susquehanna reaffirmed a “neutral” rating and issued a $125.00 price objective on shares of Expedia Group in a research report on Wednesday, May 15th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Expedia Group from $136.00 to $128.00 and set a “neutral” rating for the company in a research report on Friday, May 3rd. Sixteen equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, Expedia Group currently has an average rating of “Hold” and a consensus price target of $148.24.

Insider Buying and Selling

In other Expedia Group news, CAO Lance A. Soliday sold 544 shares of the company’s stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $113.38, for a total value of $61,678.72. Following the completion of the sale, the chief accounting officer now directly owns 11,187 shares in the company, valued at approximately $1,268,382.06. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In other Expedia Group news, CAO Lance A. Soliday sold 544 shares of Expedia Group stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $113.38, for a total transaction of $61,678.72. Following the transaction, the chief accounting officer now directly owns 11,187 shares of the company’s stock, valued at $1,268,382.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Craig A. Jacobson sold 6,722 shares of the stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $112.71, for a total transaction of $757,636.62. Following the completion of the sale, the director now directly owns 32,620 shares of the company’s stock, valued at approximately $3,676,600.20. The disclosure for this sale can be found here. 8.07% of the stock is currently owned by company insiders.

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.