Creative Planning Has $2.05 Million Stake in Expedia Group, Inc. (NASDAQ:EXPE)

Creative Planning lowered its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 67.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,826 shares of the online travel company's stock after selling 29,101 shares during the quarter. Creative Planning's holdings in Expedia Group were worth $2,047,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Private Advisor Group LLC lifted its holdings in Expedia Group by 0.4% in the 1st quarter. Private Advisor Group LLC now owns 24,351 shares of the online travel company's stock worth $3,354,000 after buying an additional 87 shares in the last quarter. First Trust Direct Indexing L.P. increased its position in shares of Expedia Group by 5.8% in the 1st quarter. First Trust Direct Indexing L.P. now owns 1,601 shares of the online travel company's stock worth $221,000 after purchasing an additional 88 shares during the last quarter. Bleakley Financial Group LLC increased its position in shares of Expedia Group by 5.1% in the 1st quarter. Bleakley Financial Group LLC now owns 2,028 shares of the online travel company's stock worth $279,000 after purchasing an additional 99 shares during the last quarter. AdvisorShares Investments LLC increased its position in shares of Expedia Group by 7.1% in the 2nd quarter. AdvisorShares Investments LLC now owns 1,517 shares of the online travel company's stock worth $186,000 after purchasing an additional 100 shares during the last quarter. Finally, Blue Trust Inc. increased its position in shares of Expedia Group by 93.8% in the 2nd 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 last quarter. Institutional investors and hedge funds own 90.76% of the company's stock.

Insider Transactions at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the company's stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of $150.21, for a total value of $1,502,100.00. Following the completion of the sale, the director now directly owns 208,505 shares of the company's stock, valued at approximately $31,319,536.05. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, insider Robert J. Dzielak sold 12,602 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $131.50, for a total transaction of $1,657,163.00. Following the completion of the sale, the insider now directly owns 89,960 shares of the company's stock, valued at $11,829,740. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred on 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 sale, the director now directly owns 208,505 shares of the company's stock, valued at approximately $31,319,536.05. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 38,019 shares of company stock valued at $5,390,191. Company insiders own 8.07% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Cantor Fitzgerald reissued a "neutral" rating and issued a $130.00 target price on shares of Expedia Group in a research report on Monday, October 7th. Piper Sandler reissued a "neutral" rating and issued a $140.00 target price (down previously from $145.00) on shares of Expedia Group in a research report on Friday, August 9th. Jefferies Financial Group boosted their target price on shares of Expedia Group from $145.00 to $160.00 and gave the stock a "hold" rating in a research report on Tuesday, October 22nd. BTIG Research boosted their target price on shares of Expedia Group from $150.00 to $175.00 and gave the stock a "buy" rating in a research report on Friday, September 27th. Finally, Susquehanna boosted their price objective on shares of Expedia Group from $125.00 to $145.00 and gave the company a "neutral" rating in a research report on Monday, August 12th. Nineteen equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, Expedia Group presently has an average rating of "Hold" and a consensus target price of $152.54.

Expedia Group Price Performance

Shares of NASDAQ:EXPE traded down $0.39 during trading on Monday, reaching $158.00. The company had a trading volume of 953,291 shares, compared to its average volume of 2,186,889. The firm's fifty day moving average is $144.75 and its 200 day moving average is $131.24. The firm has a market capitalization of $21.53 billion, a PE ratio of 29.59, a price-to-earnings-growth ratio of 0.63 and a beta of 1.79. Expedia Group, Inc. has a twelve month low of $92.48 and a twelve month high of $164.65. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.76 and a current ratio of 0.76.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The online travel company reported $3.51 earnings per share for the quarter, topping analysts' consensus estimates of $3.17 by $0.34. The company 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%. The business's revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period in the prior year, the business posted $2.34 EPS. On average, equities analysts forecast that Expedia Group, Inc. will post 8.98 EPS for the current year.

Expedia Group Company 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.