X Square Capital LLC Cuts Stake in Expedia Group, Inc. (NASDAQ:EXPE)

X Square Capital LLC lowered its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 33.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,506 shares of the online travel company's stock after selling 5,274 shares during the period. X Square Capital LLC's holdings in Expedia Group were worth $1,555,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Pacer Advisors Inc. increased its position in shares of Expedia Group by 36.8% during the 2nd quarter. Pacer Advisors Inc. now owns 2,654,200 shares of the online travel company's stock valued at $334,403,000 after purchasing an additional 714,229 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Expedia Group by 14.8% in the second quarter. Dimensional Fund Advisors LP now owns 1,054,485 shares of the online travel company's stock worth $132,851,000 after acquiring an additional 135,973 shares during the period. Clearbridge Investments LLC boosted its stake in Expedia Group by 3.1% in the first quarter. Clearbridge Investments LLC now owns 971,327 shares of the online travel company's stock valued at $133,800,000 after acquiring an additional 29,294 shares during the last quarter. AustralianSuper Pty Ltd grew its position in shares of Expedia Group by 88.8% during the 2nd quarter. AustralianSuper Pty Ltd now owns 753,260 shares of the online travel company's stock valued at $94,903,000 after acquiring an additional 354,389 shares during the period. Finally, Acadian Asset Management LLC raised its holdings in shares of Expedia Group by 414.4% in the 1st quarter. Acadian Asset Management LLC now owns 686,244 shares of the online travel company's stock worth $94,512,000 after purchasing an additional 552,831 shares during the period. 90.76% of the stock is owned by institutional investors.

Expedia Group Trading Up 1.3 %

EXPE traded up $2.09 during trading on Thursday, hitting $160.45. 748,118 shares of the stock traded hands, compared to its average volume of 2,198,712. The firm has a market capitalization of $21.87 billion, a P/E ratio of 30.05, a price-to-earnings-growth ratio of 0.60 and a beta of 1.79. Expedia Group, Inc. has a 12-month low of $92.48 and a 12-month high of $164.65. 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 firm has a 50-day moving average of $143.19 and a 200 day moving average of $130.70.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The online travel company reported $3.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.17 by $0.34. Expedia Group had a return on equity of 47.55% and a net margin of 6.09%. The company had revenue of $3.56 billion for the quarter, compared to the consensus estimate of $3.53 billion. During the same quarter in the previous year, the business earned $2.34 EPS. Expedia Group's revenue was up 6.0% compared to the same quarter last year. Equities research analysts anticipate that Expedia Group, Inc. will post 8.98 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on EXPE shares. DA Davidson restated a "neutral" rating and issued a $135.00 target price on shares of Expedia Group in a research note on Friday, August 9th. Wedbush increased their target price on shares of Expedia Group from $125.00 to $130.00 and gave the stock a "neutral" rating in a research report on Friday, August 9th. Piper Sandler reissued a "neutral" rating and issued a $140.00 price target (down previously from $145.00) on shares of Expedia Group in a research report on Friday, August 9th. Barclays reduced their price objective on shares of Expedia Group from $138.00 to $134.00 and set an "equal weight" rating for the company in a research note on Friday, August 9th. Finally, UBS Group increased their target price on Expedia Group from $137.00 to $156.00 and gave the stock a "neutral" rating in a research report on Wednesday. Nineteen investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $152.15.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction that occurred on Friday, September 27th. The stock was sold at an average price of $150.21, for a total transaction of $1,502,100.00. Following the sale, the director now directly owns 208,505 shares of the company's stock, valued at approximately $31,319,536.05. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, insider Robert J. Dzielak sold 5,417 shares of the company's stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $134.60, for a total value of $729,128.20. Following the sale, the insider now directly owns 84,543 shares of the company's stock, valued at $11,379,487.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated Friday, September 27th. The shares were sold at an average price of $150.21, for a total transaction of $1,502,100.00. Following the transaction, the director now directly owns 208,505 shares of the company's stock, valued at approximately $31,319,536.05. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 38,019 shares of company stock valued at $5,390,191. 8.07% of the stock is currently owned by company insiders.

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.