Expedia Group, Inc. $EXPE Shares Bought by Jones Financial Companies Lllp

Jones Financial Companies Lllp grew its stake in Expedia Group, Inc. (NASDAQ:EXPEFree Report) by 34.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,635 shares of the online travel company’s stock after purchasing an additional 2,725 shares during the quarter. Jones Financial Companies Lllp’s holdings in Expedia Group were worth $2,370,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Spire Wealth Management boosted its holdings in Expedia Group by 114.3% in the 2nd quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock worth $25,000 after buying an additional 80 shares during the last quarter. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Expedia Group in the third quarter worth approximately $30,000. Trust Co. of Toledo NA OH purchased a new stake in shares of Expedia Group during the second quarter worth approximately $31,000. SOA Wealth Advisors LLC. acquired a new position in Expedia Group in the 3rd quarter valued at $36,000. Finally, Armstrong Advisory Group Inc. raised its stake in Expedia Group by 212.7% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 172 shares of the online travel company’s stock valued at $37,000 after purchasing an additional 117 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Up 2.4%

Shares of NASDAQ EXPE opened at $236.85 on Monday. The company has a market capitalization of $29.02 billion, a P/E ratio of 22.67, a P/E/G ratio of 0.76 and a beta of 1.42. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.74 and a quick ratio of 0.74. The company has a 50 day simple moving average of $276.50 and a 200-day simple moving average of $239.25. Expedia Group, Inc. has a 1 year low of $130.01 and a 1 year high of $303.80.

Expedia Group (NASDAQ:EXPEGet Free Report) last issued its quarterly earnings data on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, topping the consensus estimate of $7.10 by $0.47. Expedia Group had a return on equity of 64.15% and a net margin of 9.66%.The company had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.28 billion. During the same period in the prior year, the business posted $6.13 earnings per share. The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. On average, equities research analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Key Expedia Group News

Here are the key news stories impacting Expedia Group this week:

Insider Buying and Selling

In related news, Director Craig A. Jacobson sold 3,000 shares of the business’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $271.55, for a total value of $814,650.00. Following the sale, the director directly owned 30,858 shares in the company, valued at approximately $8,379,489.90. The trade was a 8.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Lance A. Soliday sold 849 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $248.08, for a total transaction of $210,619.92. Following the completion of the transaction, the chief accounting officer directly owned 11,662 shares in the company, valued at $2,893,108.96. The trade was a 6.79% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 4,849 shares of company stock valued at $1,283,270. 9.13% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Royal Bank Of Canada upped their target price on shares of Expedia Group from $260.00 to $290.00 and gave the stock a “sector perform” rating in a report on Wednesday, December 17th. Piper Sandler raised shares of Expedia Group from an “underweight” rating to a “neutral” rating and upped their price objective for the company from $190.00 to $250.00 in a research note on Friday, November 7th. Wells Fargo & Company raised their target price on shares of Expedia Group from $272.00 to $329.00 and gave the stock an “equal weight” rating in a research note on Friday, January 9th. Cantor Fitzgerald upped their price target on Expedia Group from $220.00 to $285.00 and gave the company a “neutral” rating in a research report on Friday, November 7th. Finally, Argus increased their price target on Expedia Group from $340.00 to $345.00 and gave the company a “buy” rating in a report on Friday, January 16th. Thirteen research analysts have rated the stock with a Buy rating and twenty-one have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $290.87.

Read Our Latest Research Report on EXPE

Expedia Group Company Profile

(Free Report)

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.

Featured Stories

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Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

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