Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Fairview Capital Investment Management LLC

Fairview Capital Investment Management LLC lessened its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 2.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 186,817 shares of the online travel company's stock after selling 4,086 shares during the period. Expedia Group accounts for 1.8% of Fairview Capital Investment Management LLC's holdings, making the stock its 21st biggest holding. Fairview Capital Investment Management LLC owned about 0.15% of Expedia Group worth $34,810,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Greenleaf Trust boosted its holdings in Expedia Group by 2.5% during the 4th quarter. Greenleaf Trust now owns 2,520 shares of the online travel company's stock worth $470,000 after acquiring an additional 61 shares during the last quarter. UMB Bank n.a. lifted its position in shares of Expedia Group by 14.8% during the fourth quarter. UMB Bank n.a. now owns 489 shares of the online travel company's stock valued at $91,000 after purchasing an additional 63 shares in the last quarter. Signet Financial Management LLC boosted its holdings in Expedia Group by 0.3% during the fourth quarter. Signet Financial Management LLC now owns 25,499 shares of the online travel company's stock worth $4,751,000 after purchasing an additional 74 shares during the last quarter. Metis Global Partners LLC grew its position in Expedia Group by 1.8% in the 4th quarter. Metis Global Partners LLC now owns 4,149 shares of the online travel company's stock worth $773,000 after purchasing an additional 74 shares in the last quarter. Finally, Diametric Capital LP increased its stake in Expedia Group by 1.6% in the 4th quarter. Diametric Capital LP now owns 4,737 shares of the online travel company's stock valued at $883,000 after buying an additional 74 shares during the last quarter. Institutional investors own 90.76% of the company's stock.

Insider Buying and Selling at Expedia Group

In other news, insider Robert J. Dzielak sold 5,000 shares of the business's stock in a transaction that occurred 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 sale, the insider now directly owns 74,502 shares of the company's stock, valued at approximately $15,325,061.40. The trade was a 6.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 6.80% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. StockNews.com lowered Expedia Group from a "strong-buy" rating to a "buy" rating in a report on Monday, May 5th. The Goldman Sachs Group reduced their target price on Expedia Group from $219.00 to $183.00 and set a "buy" rating for the company in a report on Friday. HSBC raised Expedia Group from a "hold" rating to a "buy" rating and set a $215.00 target price for the company in a report on Friday, February 7th. Truist Financial upped their target price on Expedia Group from $163.00 to $175.00 and gave the company a "hold" rating in a report on Wednesday, March 12th. Finally, DA Davidson upped their target price on Expedia Group from $190.00 to $205.00 and gave the company a "neutral" rating in a report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, seventeen have issued a hold rating, eleven have assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, Expedia Group presently has an average rating of "Moderate Buy" and an average target price of $189.04.

Expedia Group Price Performance

Shares of NASDAQ:EXPE traded down $12.44 during midday trading on Friday, reaching $156.55. 6,377,474 shares of the company's stock traded hands, compared to its average volume of 1,934,232. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $207.73. The company has a market cap of $20.17 billion, a P/E ratio of 17.30, a PEG ratio of 0.92 and a beta of 1.62. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. The company has a fifty day simple moving average of $161.69 and a two-hundred day simple moving average of $175.85.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its earnings results on Thursday, May 8th. The online travel company reported $0.40 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.02). The business had revenue of $2.99 billion during the quarter, compared to analyst estimates of $3.02 billion. Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. Expedia Group's quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter last year, the company earned $0.21 earnings per share. Equities analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Company 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.