22,000 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Bought by Ardsley Advisory Partners LP

Ardsley Advisory Partners LP acquired a new stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 22,000 shares of the online travel company's stock, valued at approximately $4,099,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new position in Expedia Group during the third quarter worth approximately $2,958,000. Versant Capital Management Inc boosted its stake in shares of Expedia Group by 299.3% in the fourth quarter. Versant Capital Management Inc now owns 559 shares of the online travel company's stock worth $104,000 after acquiring an additional 419 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Expedia Group by 33.5% in the fourth quarter. GAMMA Investing LLC now owns 1,937 shares of the online travel company's stock worth $361,000 after buying an additional 486 shares in the last quarter. Everence Capital Management Inc. purchased a new stake in Expedia Group during the 4th quarter valued at about $525,000. Finally, Fortem Financial Group LLC lifted its stake in Expedia Group by 4.3% in the 4th quarter. Fortem Financial Group LLC now owns 2,450 shares of the online travel company's stock worth $457,000 after purchasing an additional 100 shares in the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Robert J. Dzielak sold 5,000 shares of the company's stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total value of $1,028,500.00. Following the completion of the sale, the insider now owns 74,502 shares in the company, valued at $15,325,061.40. This represents a 6.29 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 6.80% of the stock is owned by company insiders.

Expedia Group Stock Up 3.0 %

Shares of EXPE traded up $5.07 during mid-day trading on Thursday, reaching $171.63. The company's stock had a trading volume of 1,465,035 shares, compared to its average volume of 1,930,099. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $207.73. The stock has a market cap of $22.12 billion, a PE ratio of 18.96, a price-to-earnings-growth ratio of 0.92 and a beta of 1.62. The company's 50 day moving average is $162.82 and its 200 day moving average is $175.62.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 earnings per share for the quarter, missing analysts' consensus estimates of $2.06 by ($0.22). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. Equities analysts anticipate that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. The Goldman Sachs Group increased their price target on Expedia Group from $208.00 to $236.00 and gave the company a "buy" rating in a report on Friday, January 10th. Wedbush restated a "neutral" rating on shares of Expedia Group in a research report on Tuesday, April 15th. StockNews.com cut shares of Expedia Group from a "strong-buy" rating to a "buy" rating in a research note on Monday. Wells Fargo & Company set a $143.00 price target on shares of Expedia Group and gave the company an "equal weight" rating in a research report on Monday, April 7th. Finally, Benchmark reiterated a "buy" rating and issued a $200.00 price objective on shares of Expedia Group in a research report on Tuesday, February 4th. Eighteen investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $194.73.

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.