Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lessened its stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 20.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 35,213 shares of the online travel company's stock after selling 9,322 shares during the quarter. Janney Montgomery Scott LLC's holdings in Expedia Group were worth $5,212,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Innealta Capital LLC bought a new position in Expedia Group in the second quarter worth about $27,000. Blue Trust Inc. grew its holdings in Expedia Group by 93.8% in the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company's stock worth $30,000 after purchasing an additional 105 shares during the period. Crewe Advisors LLC purchased a new stake in Expedia Group in the first quarter worth about $40,000. LRI Investments LLC purchased a new stake in Expedia Group in the first quarter worth about $48,000. Finally, Cedar Wealth Management LLC purchased a new stake in Expedia Group in the first quarter worth about $49,000. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Expedia Group news, insider Robert J. Dzielak sold 5,417 shares of the company's stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $134.60, for a total transaction of $729,128.20. Following the transaction, the insider now owns 84,543 shares in the company, valued at approximately $11,379,487.80. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Expedia Group news, insider Robert J. Dzielak sold 5,417 shares of Expedia Group stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $134.60, for a total transaction of $729,128.20. Following the transaction, the insider now directly owns 84,543 shares of the company's stock, valued at $11,379,487.80. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert J. Dzielak sold 12,602 shares of Expedia Group stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $131.50, for a total transaction of $1,657,163.00. Following the transaction, the insider now directly owns 89,960 shares in the company, valued at $11,829,740. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 48,019 shares of company stock worth $6,958,891 in the last 90 days. 6.80% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have recently commented on EXPE. Susquehanna increased their price target on shares of Expedia Group from $125.00 to $145.00 and gave the company a "neutral" rating in a report on Monday, August 12th. Wedbush raised their target price on shares of Expedia Group from $130.00 to $180.00 and gave the stock a "neutral" rating in a report on Friday. Citigroup raised their target price on shares of Expedia Group from $140.00 to $145.00 and gave the stock a "neutral" rating in a report on Friday, August 9th. BTIG Research raised their target price on shares of Expedia Group from $175.00 to $200.00 and gave the stock a "buy" rating in a report on Friday. Finally, DA Davidson restated a "neutral" rating and issued a $135.00 target price on shares of Expedia Group in a report on Friday, August 9th. Twenty investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $159.88.

Expedia Group Stock Up 3.8 %

Shares of NASDAQ:EXPE traded up $6.63 during trading hours on Friday, hitting $180.76. The company's stock had a trading volume of 4,871,457 shares, compared to its average volume of 1,550,834. The company has a debt-to-equity ratio of 2.45, a current ratio of 0.76 and a quick ratio of 0.76. The company has a market capitalization of $23.53 billion, a price-to-earnings ratio of 32.28, a P/E/G ratio of 0.67 and a beta of 1.78. The firm's fifty day moving average price is $149.81 and its 200 day moving average price is $133.46. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $190.40.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The online travel company reported $3.51 EPS for the quarter, topping the consensus estimate of $3.17 by $0.34. The firm had revenue of $3.56 billion during the quarter, compared to analyst estimates of $3.53 billion. Expedia Group had a net margin of 6.09% and a return on equity of 47.55%. Expedia Group's revenue was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.34 EPS. As a group, research analysts expect that Expedia Group, Inc. will post 8.99 EPS for the current 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.