Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Eos Management L.P.

Eos Management L.P. trimmed its position in Expedia Group, Inc. (NASDAQ:EXPE) by 40.6% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,114 shares of the online travel company’s stock after selling 8,962 shares during the period. Expedia Group accounts for about 0.9% of Eos Management L.P.’s investment portfolio, making the stock its 24th biggest holding. Eos Management L.P.’s holdings in Expedia Group were worth $1,991,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Boston Partners boosted its holdings in shares of Expedia Group by 1.3% in the 3rd quarter. Boston Partners now owns 2,567,830 shares of the online travel company’s stock valued at $264,627,000 after buying an additional 32,191 shares during the period. Northern Trust Corp boosted its stake in Expedia Group by 1.5% in the third quarter. Northern Trust Corp now owns 1,557,816 shares of the online travel company’s stock valued at $160,564,000 after acquiring an additional 22,518 shares during the period. Clearbridge Investments LLC grew its holdings in shares of Expedia Group by 2.0% during the third quarter. Clearbridge Investments LLC now owns 949,423 shares of the online travel company’s stock valued at $97,857,000 after purchasing an additional 18,471 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Expedia Group by 7.9% during the 3rd quarter. AQR Capital Management LLC now owns 769,665 shares of the online travel company’s stock worth $79,329,000 after purchasing an additional 56,186 shares during the period. Finally, Equity Investment Corp raised its position in shares of Expedia Group by 2.6% during the 3rd quarter. Equity Investment Corp now owns 698,366 shares of the online travel company’s stock worth $71,981,000 after purchasing an additional 17,727 shares during the period. 90.76% of the stock is owned by institutional investors.

Insider Activity

In other news, CAO Lance A. Soliday sold 5,119 shares of Expedia Group stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total transaction of $702,377.99. Following the transaction, the chief accounting officer now owns 10,880 shares in the company, valued at $1,492,844.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CAO Lance A. Soliday sold 5,119 shares of the stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total value of $702,377.99. Following the completion of the sale, the chief accounting officer now directly owns 10,880 shares of the company’s stock, valued at $1,492,844.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $150.04, for a total transaction of $1,500,400.00. Following the sale, the director now owns 216,521 shares of the company’s stock, valued at $32,486,810.84. The disclosure for this sale can be found here. 8.07% of the stock is owned by company insiders.

Expedia Group Trading Down 0.4 %

Shares of Expedia Group stock traded down $0.55 on Friday, reaching $135.70. 1,412,575 shares of the company were exchanged, compared to its average volume of 2,409,774. Expedia Group, Inc. has a fifty-two week low of $87.94 and a fifty-two week high of $160.05. The firm has a market capitalization of $18.49 billion, a price-to-earnings ratio of 25.22, a price-to-earnings-growth ratio of 0.42 and a beta of 1.86. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 2.24. The stock has a fifty day moving average price of $134.32 and a 200-day moving average price of $133.93.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, February 8th. The online travel company reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.10. Expedia Group had a return on equity of 35.79% and a net margin of 6.21%. The firm had revenue of $2.89 billion for the quarter, compared to the consensus estimate of $2.88 billion. On average, analysts expect that Expedia Group, Inc. will post 9.71 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on EXPE shares. Wedbush restated a “neutral” rating and set a $130.00 price objective on shares of Expedia Group in a research note on Thursday, April 18th. Ascendiant Capital Markets increased their price objective on shares of Expedia Group from $133.00 to $168.00 and gave the stock a “buy” rating in a report on Friday, December 29th. Benchmark boosted their target price on shares of Expedia Group from $160.00 to $180.00 and gave the company a “buy” rating in a research note on Tuesday, February 6th. BMO Capital Markets assumed coverage on shares of Expedia Group in a research report on Tuesday, January 9th. They issued an “outperform” rating and a $181.00 target price for the company. Finally, The Goldman Sachs Group lifted their price target on Expedia Group from $155.00 to $190.00 and gave the company a “buy” rating in a report on Friday, January 19th. Thirteen equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to MarketBeat, Expedia Group currently has an average rating of “Moderate Buy” and a consensus target price of $149.12.

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.