Donoghue Forlines LLC Has $1.74 Million Stake in Expedia Group, Inc. (NASDAQ:EXPE)

Donoghue Forlines LLC boosted its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 467.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,427 shares of the online travel company's stock after purchasing an additional 9,413 shares during the quarter. Donoghue Forlines LLC's holdings in Expedia Group were worth $1,735,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EXPE. Connor Clark & Lunn Investment Management Ltd. lifted 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 worth $27,058,000 after purchasing an additional 185,880 shares during the period. Panagora Asset Management Inc. lifted its holdings in shares of Expedia Group by 61.2% during the third 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 during the period. Grantham Mayo Van Otterloo & Co. LLC lifted its holdings in shares of Expedia Group by 119.8% during 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 period. Skandinaviska Enskilda Banken AB publ lifted its holdings in shares of Expedia Group by 48.2% during the third quarter. Skandinaviska Enskilda Banken AB publ now owns 253,152 shares of the online travel company's stock worth $26,092,000 after purchasing an additional 82,344 shares during the period. Finally, Sycale Advisors NY LLC lifted its holdings 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 worth $12,554,000 after purchasing an additional 81,200 shares during the period. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Price Performance

NASDAQ:EXPE traded up $0.31 during trading hours on Friday, reaching $112.84. 3,253,948 shares of the company traded hands, compared to its average volume of 3,021,023. Expedia Group, Inc. has a 1-year low of $88.81 and a 1-year high of $160.05. The firm's 50-day moving average is $131.52 and its 200-day moving average is $135.52. The company has a debt-to-equity ratio of 2.93, a current ratio of 0.79 and a quick ratio of 0.78. The stock has a market cap of $15.38 billion, a P/E ratio of 21.13, a P/E/G ratio of 0.42 and a beta of 1.83.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its quarterly earnings data on Thursday, February 8th. The online travel company reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.10. Expedia Group had a return on equity of 41.63% and a net margin of 6.18%. The business had revenue of $2.89 billion for the quarter, compared to analysts' expectations of $2.88 billion. Equities research analysts expect that Expedia Group, Inc. will post 9.35 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. StockNews.com raised Expedia Group from a "hold" rating to a "buy" rating in a report on Wednesday, February 14th. Evercore ISI lowered their price target on shares of Expedia Group from $190.00 to $175.00 and set an "outperform" rating on the stock in a research note on Friday, May 3rd. Mizuho reduced their price objective on shares of Expedia Group from $140.00 to $135.00 and set a "neutral" rating for the company in a research note on Friday, May 3rd. Piper Sandler lowered shares of Expedia Group from an "overweight" rating to a "neutral" rating and lowered their target price for the stock from $175.00 to $145.00 in a research report on Friday, May 3rd. Finally, Benchmark reaffirmed a "buy" rating and issued a $180.00 target price on shares of Expedia Group in a report on Friday, May 3rd. Sixteen investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, Expedia Group presently has a consensus rating of "Hold" and a consensus target price of $149.12.

Insider Transactions at Expedia Group

In other news, CAO Lance A. Soliday sold 5,119 shares of the firm's 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 sale, the chief accounting officer now owns 10,880 shares in the company, valued at $1,492,844.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 8.07% of the company's stock.

Expedia Group 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.