ING Groep NV Buys 143 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

ING Groep NV increased its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 1.6% during the first quarter, HoldingsChannel.com reports. The fund owned 9,160 shares of the online travel company’s stock after buying an additional 143 shares during the quarter. ING Groep NV’s holdings in Expedia Group were worth $1,577,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Wealthcare Advisory Partners LLC purchased a new position in Expedia Group during the first quarter worth about $27,000. Joseph P. Lucia & Associates LLC bought a new stake in shares of Expedia Group in the 1st quarter valued at about $31,000. CWM LLC increased its holdings in Expedia Group by 36.6% during the 1st quarter. CWM LLC now owns 276 shares of the online travel company’s stock valued at $48,000 after purchasing an additional 74 shares during the period. Arkadios Wealth Advisors purchased a new position in Expedia Group during the 4th quarter valued at about $38,000. Finally, Meeder Asset Management Inc. increased its holdings in Expedia Group by 176.6% during the 1st quarter. Meeder Asset Management Inc. now owns 343 shares of the online travel company’s stock valued at $59,000 after purchasing an additional 219 shares during the period. Institutional investors and hedge funds own 92.97% of the company’s stock.

Shares of NASDAQ EXPE opened at $171.58 on Friday. The stock has a market capitalization of $25.22 billion, a P/E ratio of -12.29 and a beta of 1.76. Expedia Group, Inc. has a 12 month low of $75.75 and a 12 month high of $187.93. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 3.15. The business’s 50-day moving average price is $172.86.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, May 6th. The online travel company reported ($2.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($2.86) by $0.84. The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.10 billion. Expedia Group had a negative net margin of 44.59% and a negative return on equity of 46.51%. Expedia Group’s revenue was down 43.6% compared to the same quarter last year. During the same period in the previous year, the firm earned ($1.83) earnings per share. As a group, analysts expect that Expedia Group, Inc. will post -2.54 EPS for the current fiscal year.

In other news, Director Susan C. Athey sold 1,462 shares of the company’s stock in a transaction dated Monday, April 5th. The shares were sold at an average price of $177.66, for a total transaction of $259,738.92. Following the completion of the transaction, the director now owns 1,992 shares in the company, valued at $353,898.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Robert J. Dzielak sold 65,000 shares of the stock in a transaction dated Monday, May 24th. The shares were sold at an average price of $172.00, for a total transaction of $11,180,000.00. Following the completion of the transaction, the insider now owns 107,315 shares of the company’s stock, valued at approximately $18,458,180. The disclosure for this sale can be found here. Over the last three months, insiders have sold 120,631 shares of company stock worth $20,648,503. Corporate insiders own 2.20% of the company’s stock.

Several research firms recently weighed in on EXPE. Wells Fargo & Company upped their price target on Expedia Group from $215.00 to $235.00 and gave the stock an “overweight” rating in a research note on Friday, May 7th. Morgan Stanley increased their price target on Expedia Group from $160.00 to $200.00 and gave the company an “equal weight” rating in a report on Thursday, March 25th. Cowen increased their price target on Expedia Group from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, February 12th. TheStreet upgraded Expedia Group from a “d+” rating to a “c” rating in a research note on Friday, May 28th. Finally, UBS Group increased their price target on Expedia Group from $150.00 to $165.00 and gave the stock a “neutral” rating in a research note on Friday, May 7th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and fifteen have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $169.83.

Expedia Group Company Profile

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

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

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