Expedia Group, Inc. (NASDAQ:EXPE) Shares Acquired by Fisher Asset Management LLC

Fisher Asset Management LLC lifted its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 4.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,439,626 shares of the online travel company's stock after buying an additional 59,530 shares during the quarter. Fisher Asset Management LLC owned approximately 1.04% of Expedia Group worth $218,521,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Harbor Capital Advisors Inc. grew its position in Expedia Group by 1.5% in the 4th quarter. Harbor Capital Advisors Inc. now owns 5,090 shares of the online travel company's stock valued at $773,000 after buying an additional 75 shares during the last quarter. Nilsine Partners LLC increased its holdings in Expedia Group by 1.7% in the fourth quarter. Nilsine Partners LLC now owns 5,725 shares of the online travel company's stock valued at $869,000 after buying an additional 96 shares in the last quarter. Signaturefd LLC grew its holdings in shares of Expedia Group by 11.8% in the 3rd quarter. Signaturefd LLC now owns 1,017 shares of the online travel company's stock worth $105,000 after acquiring an additional 107 shares during the period. Knights of Columbus Asset Advisors LLC increased its stake in Expedia Group by 0.4% in the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 25,321 shares of the online travel company's stock valued at $3,843,000 after purchasing an additional 112 shares in the last quarter. Finally, Allworth Financial LP boosted its position in Expedia Group by 22.6% during the fourth quarter. Allworth Financial LP now owns 629 shares of the online travel company's stock worth $95,000 after purchasing an additional 116 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company's stock.

Insider Buying and Selling

In related news, CAO Lance A. Soliday sold 5,119 shares of the firm's stock in a transaction that occurred 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. 8.07% of the stock is currently owned by insiders.

Expedia Group Stock Down 15.3 %

EXPE traded down $20.76 during trading on Friday, hitting $115.33. The company had a trading volume of 13,945,655 shares, compared to its average volume of 2,575,065. The firm's 50-day moving average price is $134.23 and its 200 day moving average price is $134.85. The company has a market capitalization of $15.72 billion, a PE ratio of 21.44, a PEG ratio of 0.41 and a beta of 1.83. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 2.24. Expedia Group, Inc. has a one year low of $87.94 and a one year high of $160.05.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings results on Thursday, February 8th. The online travel company reported $1.18 EPS for the quarter, beating analysts' consensus estimates of $1.08 by $0.10. The business had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.88 billion. Expedia Group had a net margin of 6.21% and a return on equity of 35.79%. As a group, equities analysts expect that Expedia Group, Inc. will post 9.7 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have commented on EXPE. StockNews.com raised shares of Expedia Group from a "hold" rating to a "buy" rating in a research note on Wednesday, February 14th. TD Cowen lowered their price target on Expedia Group from $165.00 to $130.00 and set a "buy" rating for the company in a report on Friday. DA Davidson reiterated a "neutral" rating and set a $135.00 target price (down from $152.00) on shares of Expedia Group in a report on Friday. B. Riley reduced their price target on Expedia Group from $200.00 to $190.00 and set a "buy" rating for the company in a report on Friday. Finally, Wells Fargo & Company dropped their target price on shares of Expedia Group from $149.00 to $137.00 and set an "equal weight" rating on the stock in a report on Friday. Fifteen equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $148.08.

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.