Forsta AP Fonden Has $9.69 Million Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Forsta AP Fonden grew its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 22.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 52,000 shares of the online travel company's stock after acquiring an additional 9,700 shares during the quarter. Forsta AP Fonden's holdings in Expedia Group were worth $9,689,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Windacre Partnership LLC increased 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 valued at $639,994,000 after purchasing an additional 1,431,500 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in shares of 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 3rd quarter. Geode Capital Management LLC now owns 3,197,927 shares of the online travel company's stock valued at $472,212,000 after buying an additional 20,005 shares during the last quarter. Fisher Asset Management LLC raised its stake in Expedia Group by 9.4% during the third quarter. Fisher Asset Management LLC now owns 1,689,485 shares of the online travel company's stock worth $250,078,000 after acquiring an additional 144,579 shares during the period. Finally, Alkeon Capital Management LLC lifted its holdings in 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 acquiring an additional 498,934 shares during the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the transaction, the director now owns 168,505 shares of the company's stock, valued at $31,198,700.75. The trade was a 5.60 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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 transaction of $351,180.00. Following the completion of the sale, 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 have sold a total of 18,951 shares of company stock valued at $3,476,610 over the last ninety days. Corporate insiders own 6.80% of the company's stock.

Expedia Group Stock Performance

Shares of NASDAQ EXPE opened at $171.95 on Friday. The stock's fifty day simple moving average is $183.54 and its 200 day simple moving average is $158.71. The stock has a market capitalization of $22.07 billion, a price-to-earnings ratio of 22.13, a PEG ratio of 0.77 and a beta of 1.83. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $192.34.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The online travel company reported $5.18 earnings per share for the quarter, missing analysts' consensus estimates 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 analysts' expectations of $4.11 billion. During the same period in the prior year, the business posted $4.85 EPS. As a group, sell-side analysts forecast that Expedia Group, Inc. will post 8.76 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently commented on EXPE shares. Robert W. Baird started coverage on Expedia Group in a report on Wednesday, November 27th. They set an "outperform" rating and a $225.00 target price for the company. Susquehanna boosted their price objective on Expedia Group from $145.00 to $190.00 and gave the company a "neutral" rating in a research report on Monday, November 11th. Wells Fargo & Company dropped their target price on Expedia Group from $172.00 to $168.00 and set an "equal weight" rating on the stock in a research report on Thursday, January 16th. Melius Research raised shares of Expedia Group from a "hold" rating to a "strong-buy" rating in a report on Monday, January 6th. Finally, BTIG Research increased their price objective on shares of Expedia Group from $175.00 to $200.00 and gave the stock a "buy" rating in a report on Friday, November 8th. Twenty equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, Expedia Group presently has an average rating of "Hold" and a consensus 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.