Optimist Retirement Group LLC Has $294,000 Position in Expedia Group, Inc. (NASDAQ:EXPE)

Optimist Retirement Group LLC trimmed its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 5.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,577 shares of the online travel company’s stock after selling 85 shares during the quarter. Optimist Retirement Group LLC’s holdings in Expedia Group were worth $294,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Sanctuary Advisors LLC acquired a new stake in shares of Expedia Group during the second quarter worth $1,159,000. Park Avenue Securities LLC lifted its holdings in shares of Expedia Group by 11.7% in the third quarter. Park Avenue Securities LLC now owns 2,864 shares of the online travel company’s stock valued at $424,000 after purchasing an additional 300 shares in the last quarter. Handelsbanken Fonder AB boosted its position in shares of Expedia Group by 3.2% during the third quarter. Handelsbanken Fonder AB now owns 26,088 shares of the online travel company’s stock worth $3,862,000 after buying an additional 817 shares during the period. Czech National Bank grew its holdings in shares of Expedia Group by 5.0% during the third quarter. Czech National Bank now owns 25,393 shares of the online travel company’s stock worth $3,759,000 after buying an additional 1,202 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in Expedia Group by 54.9% in the 3rd quarter. GAMMA Investing LLC now owns 1,451 shares of the online travel company’s stock valued at $215,000 after buying an additional 514 shares during the last quarter. 90.76% of the stock is owned by institutional investors.

Expedia Group Trading Up 0.7 %

Shares of Expedia Group stock opened at $169.73 on Thursday. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. The firm has a 50-day moving average of $182.62 and a 200-day moving average of $159.76. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $192.34. The stock has a market cap of $21.78 billion, a PE ratio of 21.84, a PEG ratio of 0.77 and a beta of 1.82.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, November 7th. The online travel company reported $5.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.42 by ($0.24). Expedia Group had a net margin of 7.97% and a return on equity of 49.25%. The business had revenue of $4.06 billion during the quarter, compared to the consensus estimate of $4.11 billion. During the same period in the prior year, the firm earned $4.85 EPS. As a group, sell-side analysts forecast that Expedia Group, Inc. will post 8.76 EPS for the current year.

Insider Activity

In other Expedia Group news, insider Robert J. Dzielak sold 1,951 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total transaction of $351,180.00. Following the transaction, the insider now owns 85,250 shares in the company, valued at $15,345,000. This trade represents a 2.24 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total value of $1,851,500.00. Following the sale, the director now owns 168,505 shares of the company’s stock, valued at approximately $31,198,700.75. The trade was a 5.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 28,951 shares of company stock worth $5,174,510. Corporate insiders own 6.80% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on EXPE shares. Cantor Fitzgerald decreased their price target on shares of Expedia Group from $190.00 to $180.00 and set a “neutral” rating for the company in a research note on Wednesday, January 29th. Baird R W raised shares of Expedia Group to a “strong-buy” rating in a research report on Wednesday, November 27th. Wells Fargo & Company lowered their price target on shares of Expedia Group from $172.00 to $168.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 16th. DA Davidson increased their price objective on shares of Expedia Group from $135.00 to $190.00 and gave the stock a “neutral” rating in a research note on Monday, November 18th. Finally, UBS Group lifted their target price on Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. Twenty analysts have rated the stock with a hold rating, ten have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Expedia Group has a consensus rating of “Hold” and an average target price of $177.75.

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.