Expedia Group, Inc. (NASDAQ:EXPE) Shares Purchased by Toronto Dominion Bank

Toronto Dominion Bank raised its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 24.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 74,046 shares of the online travel company’s stock after purchasing an additional 14,334 shares during the period. Toronto Dominion Bank’s holdings in Expedia Group were worth $10,200,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Advisors Asset Management Inc. boosted its stake in Expedia Group by 33.7% during the 1st quarter. Advisors Asset Management Inc. now owns 7,927 shares of the online travel company’s stock valued at $1,092,000 after purchasing an additional 1,996 shares during the period. Crewe Advisors LLC acquired a new position in Expedia Group during the 1st quarter valued at about $40,000. Burns Matteson Capital Management LLC acquired a new position in Expedia Group during the 1st quarter valued at about $375,000. Natixis acquired a new position in Expedia Group during the 1st quarter valued at about $1,603,000. Finally, Lake Street Advisors Group LLC acquired a new stake in shares of Expedia Group in the 1st quarter worth approximately $391,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Trading Up 0.8 %

Shares of EXPE stock traded up $0.97 during trading hours on Friday, reaching $125.87. 1,440,130 shares of the stock traded hands, compared to its average volume of 2,415,698. Expedia Group, Inc. has a 1-year low of $92.48 and a 1-year high of $160.05. The business has a fifty day moving average price of $123.31 and a 200 day moving average price of $131.57. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 2.93. The firm has a market capitalization of $17.15 billion, a PE ratio of 23.57, a PEG ratio of 0.48 and a beta of 1.78.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, May 2nd. The online travel company reported ($0.39) earnings per share (EPS) for the quarter, beating 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, equities research analysts forecast that Expedia Group, Inc. will post 9.35 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on EXPE shares. BTIG Research reduced their price target on shares of Expedia Group from $175.00 to $150.00 and set a “buy” rating for the company in a research note on Tuesday, May 21st. Wedbush reduced 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 note on Friday, May 3rd. BMO Capital Markets reaffirmed a “market perform” rating and issued a $145.00 price target on shares of Expedia Group in a research note on Wednesday, May 15th. TD Cowen reduced their price target on shares of Expedia Group from $165.00 to $130.00 and set a “buy” rating for the company in a research note on Friday, May 3rd. Finally, Piper Sandler lowered shares of Expedia Group from an “overweight” rating to a “neutral” rating and reduced their price target for the stock from $175.00 to $145.00 in a research note on Friday, May 3rd. Sixteen investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $148.24.

Insider Buying and Selling at Expedia Group

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

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.