Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by U S Global Investors Inc.

U S Global Investors Inc. lessened its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 12.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 152,445 shares of the online travel company’s stock after selling 22,363 shares during the quarter. Expedia Group makes up approximately 2.2% of U S Global Investors Inc.’s holdings, making the stock its 12th largest holding. U S Global Investors Inc.’s holdings in Expedia Group were worth $22,565,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Sumitomo Mitsui Trust Holdings Inc. grew its holdings in shares of Expedia Group by 1.9% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 343,389 shares of the online travel company’s stock worth $47,302,000 after purchasing an additional 6,432 shares during the period. DoubleLine ETF Adviser LP bought a new position in shares of Expedia Group in the second quarter worth $465,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Expedia Group by 18.3% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 154,867 shares of the online travel company’s stock valued at $21,333,000 after buying an additional 23,939 shares during the period. Swedbank AB lifted its holdings in shares of Expedia Group by 5.0% in the second quarter. Swedbank AB now owns 169,076 shares of the online travel company’s stock valued at $21,302,000 after buying an additional 8,026 shares during the period. Finally, Advisors Asset Management Inc. lifted its holdings in shares of Expedia Group by 33.7% during the first quarter. Advisors Asset Management Inc. now owns 7,927 shares of the online travel company’s stock valued at $1,092,000 after purchasing an additional 1,996 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Insider Activity at Expedia Group

In related news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $150.18, for a total value of $1,501,800.00. Following the sale, the director now owns 198,505 shares of the company’s stock, valued at approximately $29,811,480.90. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $150.18, for a total transaction of $1,501,800.00. Following the completion of the transaction, the director now owns 198,505 shares in the company, valued at approximately $29,811,480.90. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Robert J. Dzielak sold 5,417 shares of Expedia Group stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $134.60, for a total value of $729,128.20. Following the transaction, the insider now owns 84,543 shares of the company’s stock, valued at $11,379,487.80. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 38,019 shares of company stock valued at $5,390,191. 8.07% of the stock is owned by insiders.

Expedia Group Stock Down 0.3 %

EXPE stock traded down $0.54 during mid-day trading on Tuesday, hitting $162.63. 23,646 shares of the company were exchanged, compared to its average volume of 2,206,208. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.76 and a current ratio of 0.76. Expedia Group, Inc. has a 1-year low of $92.48 and a 1-year high of $164.65. The firm’s 50 day simple moving average is $141.99 and its 200 day simple moving average is $130.30. The firm has a market cap of $22.16 billion, a P/E ratio of 30.46, a P/E/G ratio of 0.60 and a beta of 1.79.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, August 8th. The online travel company reported $3.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.17 by $0.34. The business had revenue of $3.56 billion for the quarter, compared to the consensus estimate of $3.53 billion. Expedia Group had a return on equity of 47.55% and a net margin of 6.09%. Expedia Group’s quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.34 earnings per share. On average, sell-side analysts predict that Expedia Group, Inc. will post 8.98 EPS for the current fiscal year.

Analysts Set New Price Targets

EXPE has been the subject of a number of research reports. UBS Group decreased their target price on shares of Expedia Group from $140.00 to $137.00 and set a “neutral” rating for the company in a research note on Friday, August 9th. Truist Financial started coverage on shares of Expedia Group in a report on Friday, September 6th. They set a “hold” rating and a $148.00 price objective for the company. Citigroup upped their price objective on shares of Expedia Group from $140.00 to $145.00 and gave the stock a “neutral” rating in a report on Friday, August 9th. Wedbush upped their price objective on shares of Expedia Group from $125.00 to $130.00 and gave the stock a “neutral” rating in a report on Friday, August 9th. Finally, StockNews.com raised shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Wednesday, October 16th. Nineteen analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $151.42.

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.