International Assets Investment Management LLC Grows Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

International Assets Investment Management LLC lifted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 115.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,314 shares of the online travel company's stock after purchasing an additional 21,095 shares during the period. International Assets Investment Management LLC's holdings in Expedia Group were worth $5,967,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. KRS Capital Management LLC bought a new stake in shares of Expedia Group during the 4th quarter valued at about $212,000. GAM Holding AG raised its stake in Expedia Group by 1.2% during the 4th quarter. GAM Holding AG now owns 48,825 shares of the online travel company's stock worth $7,411,000 after buying an additional 560 shares during the period. Braun Stacey Associates Inc. raised its stake in Expedia Group by 31.8% during the 4th quarter. Braun Stacey Associates Inc. now owns 132,028 shares of the online travel company's stock worth $20,041,000 after buying an additional 31,883 shares during the period. UMB Bank n.a. raised its stake in Expedia Group by 84.7% during the 4th quarter. UMB Bank n.a. now owns 654 shares of the online travel company's stock worth $99,000 after buying an additional 300 shares during the period. Finally, Independence Bank of Kentucky acquired a new position in Expedia Group during the 4th quarter worth approximately $538,000. Institutional investors own 90.76% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on EXPE. Ascendiant Capital Markets upped their price target on Expedia Group from $133.00 to $168.00 and gave the stock a "buy" rating in a research note on Friday, December 29th. Wells Fargo & Company lowered their price objective on Expedia Group from $159.00 to $155.00 and set an "equal weight" rating for the company in a research note on Friday, February 9th. BTIG Research increased their price objective on Expedia Group from $150.00 to $175.00 and gave the stock a "buy" rating in a research note on Wednesday, December 27th. Bank of America downgraded Expedia Group from a "buy" rating to a "neutral" rating and set a $156.00 price objective for the company. in a research note on Friday, February 9th. Finally, BMO Capital Markets began coverage on Expedia Group in a research note on Tuesday, January 9th. They issued an "outperform" rating and a $181.00 price objective for the company. Thirteen equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company's stock. Based on data from MarketBeat, Expedia Group presently has a consensus rating of "Moderate Buy" and an average target price of $149.12.

Expedia Group Stock Performance

Shares of Expedia Group stock traded up $0.29 during trading hours on Tuesday, reaching $128.94. The company had a trading volume of 1,598,312 shares, compared to its average volume of 2,515,941. Expedia Group, Inc. has a one year low of $87.94 and a one year high of $160.05. The business has a fifty day simple moving average of $135.55 and a 200 day simple moving average of $132.58. The company has a debt-to-equity ratio of 2.24, a current ratio of 0.78 and a quick ratio of 0.78. The firm has a market cap of $17.57 billion, a PE ratio of 23.97, a price-to-earnings-growth ratio of 0.40 and a beta of 1.86.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its quarterly earnings results on Thursday, February 8th. The online travel company reported $1.18 EPS for the quarter, topping analysts' consensus estimates of $1.08 by $0.10. Expedia Group had a return on equity of 35.79% and a net margin of 6.21%. The firm had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.88 billion. On average, analysts anticipate that Expedia Group, Inc. will post 9.74 earnings per share for the current fiscal year.

Insider Transactions at Expedia Group

In related news, CAO Lance A. Soliday sold 5,119 shares of Expedia Group stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total transaction of $702,377.99. Following the completion of the sale, the chief accounting officer now owns 10,880 shares of the company's stock, valued at $1,492,844.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, CAO Lance A. Soliday sold 5,119 shares of Expedia Group stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total transaction of $702,377.99. Following the completion of the sale, the chief accounting officer now owns 10,880 shares of the company's stock, valued at $1,492,844.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm's stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $150.04, for a total value of $1,500,400.00. Following the sale, the director now owns 216,521 shares in the company, valued at approximately $32,486,810.84. The disclosure for this sale can be found here. Corporate insiders own 8.07% of the company's stock.

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.