Amalgamated Bank Increases Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Amalgamated Bank boosted its stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 22.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 47,184 shares of the online travel company's stock after purchasing an additional 8,595 shares during the quarter. Amalgamated Bank's holdings in Expedia Group were worth $7,162,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EXPE. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Expedia Group by 242.5% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 262,519 shares of the online travel company's stock valued at $27,058,000 after buying an additional 185,880 shares during the last quarter. Panagora Asset Management Inc. increased its holdings in Expedia Group by 61.2% during the 3rd quarter. Panagora Asset Management Inc. now owns 485,649 shares of the online travel company's stock worth $50,056,000 after purchasing an additional 184,392 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC raised its stake in shares of Expedia Group by 119.8% in the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 302,596 shares of the online travel company's stock worth $31,189,000 after purchasing an additional 164,919 shares during the last quarter. Skandinaviska Enskilda Banken AB publ lifted its holdings in shares of Expedia Group by 48.2% in the third quarter. Skandinaviska Enskilda Banken AB publ now owns 253,152 shares of the online travel company's stock valued at $26,092,000 after purchasing an additional 82,344 shares in the last quarter. Finally, Sycale Advisors NY LLC boosted its position in shares of Expedia Group by 200.0% during the third quarter. Sycale Advisors NY LLC now owns 121,800 shares of the online travel company's stock valued at $12,554,000 after buying an additional 81,200 shares during the last quarter. 90.76% of the stock is owned by institutional investors.

Insider Transactions at Expedia Group

In related news, CAO Lance A. Soliday sold 5,119 shares of the business's stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total transaction of $702,377.99. Following 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 this hyperlink. Insiders own 8.07% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Jefferies Financial Group dropped their price objective on Expedia Group from $150.00 to $145.00 and set a "hold" rating on the stock in a research note on Tuesday, March 19th. Bank of America cut shares of Expedia Group from a "buy" rating to a "neutral" rating and set a $156.00 target price on the stock. in a research report on Friday, February 9th. JPMorgan Chase & Co. reduced their target price on Expedia Group from $136.00 to $128.00 and set a "neutral" rating for the company in a report on Friday. Oppenheimer reissued an "outperform" rating and issued a $175.00 price objective on shares of Expedia Group in a research report on Monday, April 29th. Finally, TD Cowen decreased their target price on Expedia Group from $165.00 to $130.00 and set a "buy" rating for the company in a research report on Friday. Sixteen research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. Based on data from MarketBeat, Expedia Group has an average rating of "Hold" and an average target price of $148.40.

Expedia Group Trading Up 0.6 %

Shares of EXPE stock traded up $0.69 during trading hours on Monday, reaching $116.02. The company's stock had a trading volume of 4,516,402 shares, compared to its average volume of 2,597,531. The company has a current ratio of 0.79, a quick ratio of 0.78 and a debt-to-equity ratio of 2.93. The stock has a market capitalization of $15.81 billion, a P/E ratio of 21.73, a P/E/G ratio of 0.35 and a beta of 1.83. The firm's fifty day simple moving average is $133.43 and its 200 day simple moving average is $135.60. Expedia Group, Inc. has a one year low of $88.81 and a one year high of $160.05.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings results on Thursday, February 8th. The online travel company reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.10. The company had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.88 billion. Expedia Group had a return on equity of 41.63% and a net margin of 6.18%. Equities research analysts expect that Expedia Group, Inc. will post 9.7 EPS for the current year.

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.