Janney Montgomery Scott LLC Increases Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

Janney Montgomery Scott LLC boosted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 6.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,485 shares of the online travel company's stock after acquiring an additional 2,272 shares during the quarter. Janney Montgomery Scott LLC's holdings in Expedia Group were worth $6,985,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Grove Bank & Trust grew its stake in shares of Expedia Group by 676.2% in the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock valued at $30,000 after acquiring an additional 142 shares in the last quarter. Venturi Wealth Management LLC increased its holdings in shares of Expedia Group by 709.8% during the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company's stock worth $49,000 after purchasing an additional 291 shares during the period. Brooklyn Investment Group acquired a new stake in shares of Expedia Group in the third quarter valued at approximately $51,000. Future Financial Wealth Managment LLC bought a new stake in shares of Expedia Group in the third quarter valued at approximately $74,000. Finally, UMB Bank n.a. increased its stake in Expedia Group by 14.8% during the 4th quarter. UMB Bank n.a. now owns 489 shares of the online travel company's stock worth $91,000 after acquiring an additional 63 shares during the period. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Expedia Group Price Performance

EXPE traded down $0.50 during midday trading on Wednesday, hitting $171.27. The stock had a trading volume of 1,355,721 shares, compared to its average volume of 1,594,700. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $192.34. 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 business has a fifty day moving average of $183.93 and a 200 day moving average of $158.53. The company has a market cap of $21.98 billion, a P/E ratio of 22.04, a price-to-earnings-growth ratio of 0.78 and a beta of 1.83.

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

Analyst Ratings Changes

A number of research analysts recently commented on EXPE shares. Argus raised their price target on Expedia Group from $210.00 to $220.00 and gave the stock a "buy" rating in a research report on Friday, January 10th. Morgan Stanley upped their price target on shares of Expedia Group from $180.00 to $185.00 and gave the stock an "equal weight" rating in a report on Monday, January 13th. Baird R W raised shares of Expedia Group to a "strong-buy" rating in a research note on Wednesday, November 27th. Oppenheimer upped their target price on Expedia Group from $155.00 to $210.00 and gave the stock an "outperform" rating in a research note on Friday, November 8th. Finally, JMP Securities reiterated a "market perform" rating on shares of Expedia Group in a research note on Monday, December 16th. Twenty equities research analysts have rated the stock with a hold rating, ten have given a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $177.75.

Insider Activity

In other Expedia Group news, CAO Lance A. Soliday sold 7,000 shares of the stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $181.99, for a total value of $1,273,930.00. Following the completion of the transaction, the chief accounting officer now owns 11,187 shares in the company, valued at approximately $2,035,922.13. This represents a 38.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the business's stock in a transaction on Friday, November 1st. The shares were sold at an average price of $156.87, for a total transaction of $1,568,700.00. Following the sale, the director now owns 188,505 shares in the company, valued at approximately $29,570,779.35. This trade represents a 5.04 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 28,951 shares of company stock valued at $5,045,310. 6.80% of the stock is currently owned by company insiders.

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.