Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. reduced its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 7.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 602,156 shares of the online travel company's stock after selling 47,560 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.47% of Expedia Group worth $112,200,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Windacre Partnership LLC increased its holdings in Expedia Group by 49.5% in the 3rd quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company's stock worth $639,994,000 after acquiring an additional 1,431,500 shares during the last quarter. Pacer Advisors Inc. boosted its position in Expedia Group by 22.5% during the third quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company's stock worth $481,170,000 after purchasing an additional 596,510 shares during the period. Alkeon Capital Management LLC increased its stake in shares of Expedia Group by 46.3% in 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. KBC Group NV raised its position in shares of Expedia Group by 326.9% in the fourth quarter. KBC Group NV now owns 293,482 shares of the online travel company's stock valued at $54,685,000 after purchasing an additional 224,732 shares during the period. Finally, Fisher Asset Management LLC lifted its stake in shares of Expedia Group by 9.4% during the 3rd 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 in the last quarter. 90.76% of the stock is currently owned by institutional investors.

Insider Activity at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 7,000 shares of Expedia Group stock in a transaction on Thursday, November 14th. The shares were 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 of the company's stock, valued at approximately $2,035,922.13. The trade was a 38.49 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert J. Dzielak sold 1,951 shares of the business's stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $180.00, for a total transaction of $351,180.00. Following the sale, the insider now directly owns 85,250 shares of the company's stock, valued at $15,345,000. This represents a 2.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 18,951 shares of company stock valued at $3,476,610 in the last three months. 6.80% of the stock is owned by insiders.

Expedia Group Trading Down 0.6 %

NASDAQ:EXPE traded down $1.00 during midday trading on Friday, hitting $170.95. 1,701,155 shares of the company traded hands, compared to its average volume of 1,435,291. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $192.34. The firm has a market capitalization of $21.94 billion, a P/E ratio of 22.00, a P/E/G ratio of 0.77 and a beta of 1.83. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. The firm's fifty day moving average is $183.26 and its 200-day moving average is $158.98.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its quarterly 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). The company had revenue of $4.06 billion for the quarter, compared to the consensus estimate of $4.11 billion. Expedia Group had a net margin of 7.97% and a return on equity of 49.25%. During the same period in the prior year, the firm posted $4.85 EPS. On average, sell-side analysts predict that Expedia Group, Inc. will post 8.76 EPS for the current year.

Analysts Set New Price Targets

A number of research firms recently weighed in on EXPE. BTIG Research lifted their price objective on shares of Expedia Group from $175.00 to $200.00 and gave the company a "buy" rating in a research note on Friday, November 8th. Morgan Stanley boosted their price objective on Expedia Group from $180.00 to $185.00 and gave the company an "equal weight" rating in a research note on Monday, January 13th. Melius Research raised Expedia Group from a "hold" rating to a "strong-buy" rating in a report on Monday, January 6th. Melius raised Expedia Group from a "hold" rating to a "buy" rating and set a $220.00 target price for the company in a report on Monday, January 6th. Finally, Bank of America raised shares of Expedia Group from a "neutral" rating to a "buy" rating and increased their price target for the stock from $187.00 to $221.00 in a report on Wednesday, December 18th. Twenty analysts have rated the stock with a hold rating, ten have given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $177.75.

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.