Expedia Group, Inc. $EXPE Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC cut its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPEFree Report) by 14.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 39,250 shares of the online travel company’s stock after selling 6,518 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Expedia Group were worth $11,120,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Brighton Jones LLC bought a new stake in shares of Expedia Group in the fourth quarter worth $408,000. NewEdge Advisors LLC boosted its stake in Expedia Group by 5.0% during the 1st quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock valued at $917,000 after acquiring an additional 259 shares during the last quarter. Sivia Capital Partners LLC bought a new position in Expedia Group during the 2nd quarter valued at $596,000. Schroder Investment Management Group grew its holdings in Expedia Group by 0.5% during the 2nd quarter. Schroder Investment Management Group now owns 38,828 shares of the online travel company’s stock worth $6,550,000 after acquiring an additional 195 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new position in Expedia Group during the 2nd quarter worth $4,001,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Expedia Group

In related news, insider Robert J. Dzielak sold 8,225 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $220.82, for a total value of $1,816,244.50. Following the sale, the insider directly owned 102,480 shares in the company, valued at $22,629,633.60. This trade represents a 7.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 9.13% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on EXPE shares. Evercore restated an “outperform” rating on shares of Expedia Group in a research note on Monday, February 9th. Wall Street Zen downgraded Expedia Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 21st. Wedbush reissued a “neutral” rating and issued a $260.00 price objective on shares of Expedia Group in a report on Tuesday, February 17th. Barclays upped their price objective on Expedia Group from $245.00 to $260.00 and gave the company an “equal weight” rating in a research note on Friday, February 13th. Finally, Piper Sandler reiterated a “neutral” rating and issued a $225.00 target price (down from $250.00) on shares of Expedia Group in a research report on Friday, February 13th. Fourteen investment analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $282.65.

Read Our Latest Stock Analysis on Expedia Group

Trending Headlines about Expedia Group

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Expedia Group Trading Down 1.4%

Shares of NASDAQ:EXPE opened at $227.67 on Thursday. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 1.75. The company’s 50-day moving average price is $233.07 and its 200 day moving average price is $244.80. The company has a market cap of $27.90 billion, a PE ratio of 23.11, a P/E/G ratio of 0.72 and a beta of 1.33. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $303.80.

Expedia Group (NASDAQ:EXPEGet Free Report) last posted its earnings results on Thursday, February 12th. The online travel company reported $3.78 EPS for the quarter, topping the consensus estimate of $3.32 by $0.46. Expedia Group had a net margin of 8.78% and a return on equity of 72.23%. The firm had revenue of $3.55 billion during the quarter, compared to analysts’ expectations of $3.41 billion. During the same quarter in the prior year, the firm earned $2.39 EPS. Expedia Group’s quarterly revenue was up 11.4% on a year-over-year basis. Sell-side analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 5th were issued a $0.48 dividend. This is a positive change from Expedia Group’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Thursday, March 5th. This represents a $1.92 dividend on an annualized basis and a yield of 0.8%. Expedia Group’s dividend payout ratio is currently 19.49%.

Expedia Group Company Profile

(Free Report)

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.

Further Reading

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Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

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