Wealth Enhancement Advisory Services LLC Has $1.91 Million Stake in Expedia Group, Inc. (NASDAQ:EXPE)

Wealth Enhancement Advisory Services LLC lifted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 8.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,882 shares of the online travel company’s stock after acquiring an additional 1,065 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Expedia Group were worth $1,912,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. ValueAct Holdings L.P. acquired a new stake in shares of Expedia Group during the 4th quarter valued at $645,346,000. Norges Bank acquired a new stake in shares of Expedia Group during the 4th quarter valued at $334,632,000. Lyrical Asset Management LP boosted its holdings in shares of Expedia Group by 0.8% during the 4th quarter. Lyrical Asset Management LP now owns 1,796,068 shares of the online travel company’s stock valued at $272,625,000 after acquiring an additional 13,792 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in shares of Expedia Group by 4.3% during the 4th quarter. Fisher Asset Management LLC now owns 1,439,626 shares of the online travel company’s stock valued at $218,521,000 after acquiring an additional 59,530 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Expedia Group by 24.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 767,709 shares of the online travel company’s stock valued at $116,541,000 after acquiring an additional 151,993 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 Expedia Group news, CAO Lance A. Soliday sold 544 shares of Expedia Group stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $113.38, for a total transaction of $61,678.72. Following the completion of the transaction, the chief accounting officer now owns 11,187 shares in the company, valued at approximately $1,268,382.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Craig A. Jacobson sold 6,722 shares of the business’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $112.71, for a total value of $757,636.62. Following the transaction, the director now owns 32,620 shares in the company, valued at approximately $3,676,600.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Lance A. Soliday sold 544 shares of the business’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $113.38, for a total value of $61,678.72. Following the completion of the transaction, the chief accounting officer now owns 11,187 shares in the company, valued at approximately $1,268,382.06. The disclosure for this sale can be found here. Company insiders own 8.07% of the company’s stock.

Analyst Ratings Changes

EXPE has been the topic of several recent research reports. Benchmark reissued a “buy” rating and set a $180.00 price objective on shares of Expedia Group in a report on Tuesday. Piper Sandler lowered Expedia Group from an “overweight” rating to a “neutral” rating and lowered their target price for the stock from $175.00 to $145.00 in a research report on Friday, May 3rd. BMO Capital Markets reaffirmed a “market perform” rating and set a $145.00 target price on shares of Expedia Group in a research report on Wednesday, May 15th. DA Davidson reaffirmed a “neutral” rating and set a $135.00 target price (down from $152.00) on shares of Expedia Group in a research report on Friday, May 3rd. Finally, B. Riley lowered their target price on Expedia Group from $200.00 to $190.00 and set a “buy” rating for the company in a research report on Friday, May 3rd. Sixteen research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $148.12.

Expedia Group Stock Performance

Shares of Expedia Group stock opened at $124.25 on Friday. The firm has a market capitalization of $16.93 billion, a price-to-earnings ratio of 23.27, a PEG ratio of 0.46 and a beta of 1.78. The company has a debt-to-equity ratio of 2.93, a current ratio of 0.79 and a quick ratio of 0.79. Expedia Group, Inc. has a one year low of $92.48 and a one year high of $160.05. The business has a 50-day simple moving average of $120.19 and a 200 day simple moving average of $133.86.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, May 2nd. The online travel company reported ($0.39) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.96) by $0.57. The business had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.80 billion. Expedia Group had a return on equity of 41.63% and a net margin of 6.18%. On average, research analysts anticipate that Expedia Group, Inc. will post 9.25 earnings per share 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.