Dynasty Wealth Management LLC Buys Shares of 2,626 Expedia Group, Inc. (NASDAQ:EXPE)

Dynasty Wealth Management LLC acquired a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,626 shares of the online travel company’s stock, valued at approximately $362,000.

Several other hedge funds have also made changes to their positions in EXPE. Invenomic Capital Management LP boosted its holdings in Expedia Group by 13.3% in the first quarter. Invenomic Capital Management LP now owns 180,100 shares of the online travel company’s stock valued at $24,809,000 after acquiring an additional 21,199 shares during the last quarter. Janus Henderson Group PLC boosted its stake in Expedia Group by 4.9% in the first quarter. Janus Henderson Group PLC now owns 18,556 shares of the online travel company’s stock valued at $2,555,000 after acquiring an additional 859 shares during the period. Ascent Group LLC boosted its position in shares of Expedia Group by 7.7% during the first quarter. Ascent Group LLC now owns 2,008 shares of the online travel company’s stock worth $277,000 after buying an additional 144 shares during the period. Fairview Capital Investment Management LLC bought a new stake in Expedia Group during the first quarter worth approximately $20,594,000. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of Expedia Group by 55.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 275,430 shares of the online travel company’s stock valued at $37,942,000 after buying an additional 97,825 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Activity at Expedia Group

In other news, CAO Lance A. Soliday sold 544 shares of the business’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 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 is available at this hyperlink. In other Expedia Group news, CAO Lance A. Soliday sold 544 shares of the business’s stock in a transaction 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 transaction, the chief accounting officer now directly owns 11,187 shares of the company’s stock, valued at approximately $1,268,382.06. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Craig A. Jacobson sold 6,722 shares of the business’s stock in a transaction 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 transaction, the director now directly owns 32,620 shares in the company, valued at $3,676,600.20. The disclosure for this sale can be found here. 8.07% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. HSBC cut their target price on shares of Expedia Group from $166.00 to $132.00 and set a “hold” rating on the stock in a research note on Tuesday, May 7th. Mizuho cut their price target on shares of Expedia Group from $140.00 to $135.00 and set a “neutral” rating for the company in a research note on Friday, May 3rd. JPMorgan Chase & Co. cut 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 note on Friday, May 3rd. Oppenheimer reissued an “outperform” rating and issued a $175.00 price target on shares of Expedia Group in a report on Monday, April 29th. Finally, DA Davidson reaffirmed a “neutral” rating and set a $135.00 target price (down previously from $152.00) on shares of Expedia Group in a 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. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $148.24.

Expedia Group Stock Down 0.8 %

NASDAQ:EXPE traded down $1.07 during trading hours on Wednesday, reaching $127.46. The company had a trading volume of 853,751 shares, compared to its average volume of 2,390,409. 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 cap of $17.37 billion, a price-to-earnings ratio of 24.07, a P/E/G ratio of 0.48 and a beta of 1.78. The business’s 50-day simple moving average is $123.92 and its two-hundred day simple moving average is $130.98. Expedia Group, Inc. has a twelve month low of $92.48 and a twelve month high of $160.05.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, May 2nd. The online travel company reported ($0.39) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.96) by $0.57. The firm 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 analysts expect that Expedia Group, Inc. will post 9.32 earnings per share for the current year.

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.