Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Swedbank AB

Swedbank AB reduced its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 3.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 162,550 shares of the online travel company's stock after selling 5,790 shares during the period. Swedbank AB owned about 0.13% of Expedia Group worth $30,288,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Windacre Partnership LLC boosted its stake in Expedia Group by 49.5% during the third quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company's stock worth $639,994,000 after buying an additional 1,431,500 shares during the last quarter. Pacer Advisors Inc. boosted its position in Expedia Group by 22.5% in the 3rd quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company's stock valued at $481,170,000 after buying an additional 596,510 shares during the period. Geode Capital Management LLC grew its position in shares of Expedia Group by 0.6% during the third quarter. Geode Capital Management LLC now owns 3,197,927 shares of the online travel company's stock worth $472,212,000 after buying an additional 20,005 shares in the last quarter. Fisher Asset Management LLC increased its holdings in Expedia Group by 9.4% in the third quarter. Fisher Asset Management LLC now owns 1,689,485 shares of the online travel company's stock valued at $250,078,000 after buying an additional 144,579 shares during the last quarter. Finally, Alkeon Capital Management LLC raised its holdings in Expedia Group by 46.3% during the third quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company's stock worth $233,349,000 after purchasing an additional 498,934 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on EXPE shares. Morgan Stanley increased their price target on shares of Expedia Group from $180.00 to $185.00 and gave the stock an "equal weight" rating in a research note on Monday, January 13th. BTIG Research upped their target price on shares of Expedia Group from $175.00 to $200.00 and gave the stock a "buy" rating in a research report on Friday, November 8th. DA Davidson lifted their price target on Expedia Group from $135.00 to $190.00 and gave the stock a "neutral" rating in a research note on Monday, November 18th. Benchmark upped their target price on Expedia Group from $180.00 to $200.00 and gave the company a "buy" rating in a research note on Friday, November 8th. Finally, Melius Research raised shares of Expedia Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 6th. Twenty 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 stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $177.75.

Insiders Place Their Bets

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the company's stock in a transaction dated 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 completion of the transaction, the director now owns 168,505 shares in the company, valued at approximately $31,198,700.75. This represents a 5.60 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Robert J. Dzielak sold 1,951 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following the completion of the transaction, the insider now directly owns 85,250 shares of the company's stock, valued at $15,345,000. This trade represents a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 18,951 shares of company stock valued at $3,476,610 over the last 90 days. 6.80% of the stock is owned by company insiders.

Expedia Group Stock Up 0.4 %

Shares of Expedia Group stock opened at $171.95 on Friday. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $192.34. The business has a 50-day moving average of $183.77 and a 200-day moving average of $158.62. The company has a market capitalization of $22.07 billion, a PE ratio of 22.13, a P/E/G ratio of 0.78 and a beta of 1.83.

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

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