Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by Regal Investment Advisors LLC

Regal Investment Advisors LLC raised its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 17.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,231 shares of the online travel company’s stock after purchasing an additional 4,686 shares during the period. Regal Investment Advisors LLC’s holdings in Expedia Group were worth $3,935,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Parallel Advisors LLC raised its stake in Expedia Group by 7.4% in the 4th quarter. Parallel Advisors LLC now owns 1,163 shares of the online travel company’s stock valued at $176,000 after purchasing an additional 80 shares during the last quarter. Private Advisor Group LLC boosted its position in Expedia Group by 0.4% during the first quarter. Private Advisor Group LLC now owns 24,351 shares of the online travel company’s stock worth $3,354,000 after acquiring an additional 87 shares during the last quarter. First Trust Direct Indexing L.P. grew its stake in Expedia Group by 5.8% during the 1st quarter. First Trust Direct Indexing L.P. now owns 1,601 shares of the online travel company’s stock valued at $221,000 after acquiring an additional 88 shares in the last quarter. Bleakley Financial Group LLC raised its holdings in 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 valued at $279,000 after acquiring an additional 99 shares during the last quarter. Finally, Elo Mutual Pension Insurance Co lifted its stake in Expedia Group by 0.8% in the 4th quarter. Elo Mutual Pension Insurance Co now owns 12,035 shares of the online travel company’s stock worth $1,827,000 after purchasing an additional 100 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Buying and Selling at Expedia Group

In other news, insider Robert J. Dzielak sold 5,417 shares of the 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 completion of the sale, the insider now owns 84,543 shares in the company, valued at $11,379,487.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, insider Robert J. Dzielak sold 5,417 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $134.60, for a total transaction of $729,128.20. Following the completion of the sale, the insider now owns 84,543 shares in the company, valued at $11,379,487.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert J. Dzielak sold 12,602 shares of Expedia Group stock in a transaction 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 transaction, the insider now owns 89,960 shares in the company, valued at $11,829,740. The disclosure for this sale can be found here. 8.07% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts have issued reports on the company. Wells Fargo & Company reduced their price target on shares of Expedia Group from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research report on Friday, August 9th. TD Cowen lowered shares of Expedia Group from a “buy” rating to a “hold” rating and boosted their price objective for the company from $130.00 to $150.00 in a report on Wednesday, September 25th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $140.00 target price on shares of Expedia Group in a research report on Friday, August 9th. Citigroup lifted their price target on shares of Expedia Group from $140.00 to $145.00 and gave the company a “neutral” rating in a research report on Friday, August 9th. Finally, StockNews.com upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Thursday. Nineteen research 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. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $149.73.

Expedia Group Stock Up 0.4 %

Expedia Group stock opened at $149.09 on Monday. The stock’s fifty day moving average is $133.10 and its two-hundred day moving average is $128.42. The stock has a market cap of $20.32 billion, a PE ratio of 27.92, a P/E/G ratio of 0.56 and a beta of 1.79. Expedia Group, Inc. has a 1-year low of $92.48 and a 1-year high of $160.05. The company has a debt-to-equity ratio of 2.45, a current ratio of 0.76 and a quick ratio of 0.76.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, August 8th. The online travel company reported $3.51 earnings per share for the quarter, beating analysts’ consensus estimates of $3.17 by $0.34. Expedia Group had a net margin of 6.09% and a return on equity of 47.55%. The firm had revenue of $3.56 billion during the quarter, compared to analysts’ expectations of $3.53 billion. During the same period in the previous year, the company earned $2.34 earnings per share. Expedia Group’s quarterly revenue was up 6.0% compared to the same quarter last year. On average, sell-side analysts expect that Expedia Group, Inc. will post 8.98 EPS for the current fiscal year.

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.