Expedia Group, Inc. (NASDAQ:EXPE) Shares Purchased by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt increased its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 16,350.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,537 shares of the online travel company’s stock after acquiring an additional 22,400 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Expedia Group were worth $3,421,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Harbor Capital Advisors Inc. grew its stake in Expedia Group by 1.5% during the 4th quarter. Harbor Capital Advisors Inc. now owns 5,090 shares of the online travel company’s stock worth $773,000 after buying an additional 75 shares during the last quarter. Harbour Investments Inc. grew its stake in Expedia Group by 25.6% during the 3rd quarter. Harbour Investments Inc. now owns 398 shares of the online travel company’s stock worth $41,000 after buying an additional 81 shares during the last quarter. Nilsine Partners LLC grew its stake in Expedia Group by 1.7% during the 4th quarter. Nilsine Partners LLC now owns 5,725 shares of the online travel company’s stock worth $869,000 after buying an additional 96 shares during the last quarter. Wetherby Asset Management Inc. grew its stake in Expedia Group by 3.9% during the 1st quarter. Wetherby Asset Management Inc. now owns 2,694 shares of the online travel company’s stock worth $527,000 after buying an additional 100 shares during the last quarter. Finally, IHT Wealth Management LLC grew its stake in Expedia Group by 3.2% during the 2nd quarter. IHT Wealth Management LLC now owns 3,194 shares of the online travel company’s stock worth $349,000 after buying an additional 100 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on EXPE. Jefferies Financial Group lowered their target price on Expedia Group from $150.00 to $145.00 and set a “hold” rating on the stock in a research note on Tuesday, March 19th. Oppenheimer reiterated an “outperform” rating and issued a $175.00 target price on shares of Expedia Group in a research note on Monday, February 5th. StockNews.com upgraded Expedia Group from a “hold” rating to a “buy” rating in a research note on Wednesday, February 14th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $155.00 target price on shares of Expedia Group in a research note on Friday, February 9th. Finally, BMO Capital Markets began coverage on Expedia Group in a research note on Tuesday, January 9th. They issued an “outperform” rating and a $181.00 target price on the stock. Thirteen investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $149.12.

Expedia Group Price Performance

EXPE stock traded down $0.21 during midday trading on Wednesday, hitting $128.73. 1,332,144 shares of the stock were exchanged, compared to its average volume of 2,500,797. The stock’s 50-day moving average price is $135.55 and its 200-day moving average price is $132.58. The stock has a market cap of $17.54 billion, a price-to-earnings ratio of 23.97, a PEG ratio of 0.39 and a beta of 1.86. Expedia Group, Inc. has a fifty-two week low of $87.94 and a fifty-two week high of $160.05. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.78 and a current ratio of 0.78.

Expedia Group (NASDAQ:EXPE) last issued 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 during the quarter, compared to analysts’ expectations of $2.88 billion. Research analysts predict that Expedia Group, Inc. will post 9.74 earnings per share for the current year.

Insider Transactions at Expedia Group

In other news, CAO Lance A. Soliday sold 5,119 shares of the business’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total value of $702,377.99. Following the completion of the transaction, 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 SEC, which is accessible through this hyperlink. In other news, CAO Lance A. Soliday sold 5,119 shares of the business’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total value of $702,377.99. Following the completion of the transaction, 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 SEC, which is accessible through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $150.04, for a total value of $1,500,400.00. Following the completion of the transaction, the director now directly owns 216,521 shares of the company’s stock, valued at $32,486,810.84. The disclosure for this sale can be found here. Insiders own 8.07% of the company’s stock.

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.