DekaBank Deutsche Girozentrale holds $7.37 million of shares in Expedia Group, Inc. (NASDAQ:EXPE)


DekaBank Deutsche Girozentrale increased its position in Expedia Group, Inc. (NASDAQ: EXPE – Get Rating) by 29.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The company held 37,538 shares of the online travel company after buying an additional 8,627 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Expedia Group were worth $7,365,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of EXPE. Allspring Global Investments Holdings LLC acquired a new stake in Expedia Group in the fourth quarter valued at $340,250,000. Third Point LLC acquired a new stake in Expedia Group in the fourth quarter valued at $236,266,000. D1 Capital Partners LP increased its stake in Expedia Group by 10.5% in the fourth quarter. D1 Capital Partners LP now owns 12,683,542 shares of the online travel company worth $2,292,170,000 after buying an additional 1,200,900 shares during the period. BlackRock Inc. increased its stake in Expedia Group by 4.8% in the fourth quarter. BlackRock Inc. now owns 10,220,557 shares of the online travel company worth $1,847,057,000 after purchasing an additional 469,338 shares during the period. Finally, Artemis Investment Management LLP increased its stake in Expedia Group by 304.4% in the fourth quarter. Artemis Investment Management LLP now owns 591,362 shares of the online travel company worth $106,787,000 after buying an additional 445,123 shares during the period. 96.08% of the shares are currently held by institutional investors and hedge funds.

Insider Trading at Expedia Group

Separately, CAO Lance A. Soliday sold 376 shares of the company in a transaction dated Monday, May 16. The shares were sold at an average price of $124.12, for a total transaction of $46,669.12. Following the completion of the sale, the chief accounting officer now owns 8,949 shares of the company, valued at approximately $1,110,749.88. The transaction was disclosed in a filing with the SEC, accessible via this link. Separately, CAO Lance A. Soliday sold 376 shares of the company in a transaction dated Monday, May 16. The shares were sold at an average price of $124.12, for a total transaction of $46,669.12. Following the completion of the sale, the chief accounting officer now owns 8,949 shares of the company, valued at approximately $1,110,749.88. The transaction was disclosed in a filing with the SEC, accessible via this link. Additionally, director Dara Khosrowshahi sold 10,000 shares of the company in a transaction dated Monday, May 2. The stock was sold at an average price of $172.94, for a total transaction of $1,729,400.00. Following the sale, the director now owns 252,112 shares of the company, valued at approximately $43,600,249.28. The disclosure of this sale can be found here. 5.00% of the shares are currently held by insiders.

Expedia Group stock market performance

Shares of EXPE opened at $92.35 on Monday. The company has a 50-day moving average of $112.07 and a 200-day moving average of $159.17. Expedia Group, Inc. has a one-year low of $88.70 and a one-year high of $217.72. The company has a market cap of $14.51 billion, a PE ratio of 79.61, a price-to-earnings growth ratio of 1.35, and a beta of 1.61. The company has a debt ratio of 2.16, a current ratio of 0.89 and a quick ratio of 0.89.

Expedia Group (NASDAQ:EXPE – Get Rating) last reported quarterly earnings data on Monday, May 2. The online travel agency reported ($0.93) EPS for the quarter, missing analyst consensus estimates of ($0.69) from ($0.24). Expedia Group achieved a net margin of 4.87% and a return on equity of 11.93%. The company posted revenue of $2.25 billion in the quarter, versus a consensus estimate of $2.27 billion. During the same period last year, the company achieved EPS of $2.59. As a group, stock analysts expect Expedia Group, Inc. to post earnings per share of 4.57 for the current year.

A Wall Street analyst gives his opinion

EXPE has been the subject of several research reports. Credit Suisse Group lowered its price target on Expedia Group shares from $231.00 to $225.00 in a Tuesday, May 3 research report. Benchmark raised its price target on Expedia Group shares from $265.00 to $275.00 in a Tuesday, May 3 research report. Argus lowered its price target on Expedia Group shares from $240.00 to $220.00 in a Thursday, April 7 research report. Truist Financial lowered its price target on Expedia Group shares from $240.00 to $185.00 and set a “buy” rating for the company in a research report on Thursday. Finally, Redburn Partners upgraded Expedia Group shares from a “neutral” rating to a “buy” rating in a Wednesday, May 18 research report. Fourteen investment analysts gave the stock a hold rating and twelve gave the stock a buy rating. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $191.30.

Expedia Group Profile

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Expedia Group, Inc. operates as an online travel agency in the United States and internationally. The Company operates through Retail, B2B and trivago segments. Its brand portfolio includes Brand Expedia, a full-service online travel brand with localized websites; Hotels.com for the marketing and distribution of accommodation; Vrbo, an online marketplace for alternative accommodation; Orbitz, Travelocity and CheapTickets travel websites; ebookers, an EMEA online travel agency offering travelers a range of travel options; Hotwire, which offers travel reservation services; CarRentals.com, an online car rental reservation service; Classic Vacations, a luxury travel specialist; and Expedia Cruise, an advice provider for travelers booking cruises.

See also

Want to see what other hedge funds hold EXPE? Visit HoldingsChannel.com for the latest 13F filings and insider trading for Expedia Group, Inc. (NASDAQ:EXPE – Get Rating).

Institutional ownership by quarter for Expedia Group (NASDAQ: EXPE)



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