Axim Planning & Wealth Buys Shares of 2,741 Expedia Group, Inc. $EXPE

Axim Planning & Wealth purchased a new position in Expedia Group, Inc. (NASDAQ:EXPEFree Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,741 shares of the online travel company’s stock, valued at approximately $586,000. Expedia Group makes up about 0.5% of Axim Planning & Wealth’s holdings, making the stock its 27th biggest position.

Other large investors also recently 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 valued at $25,000 after purchasing an additional 80 shares during the period. Grey Fox Wealth Advisors LLC purchased a new stake in shares of Expedia Group in the third quarter worth $30,000. Trust Co. of Toledo NA OH bought a new stake in Expedia Group during the second quarter valued at $31,000. SOA Wealth Advisors LLC. purchased a new position in Expedia Group during the third quarter worth about $36,000. Finally, Armstrong Advisory Group Inc. increased 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 worth $37,000 after acquiring an additional 117 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on EXPE. Mizuho lifted their price target on Expedia Group from $240.00 to $270.00 and gave the company a “neutral” rating in a research report on Friday, November 14th. The Goldman Sachs Group boosted their price target on shares of Expedia Group from $295.00 to $325.00 and gave the stock a “buy” rating in a research note on Tuesday, January 27th. Barclays lifted their price objective on shares of Expedia Group from $220.00 to $245.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 21st. Wedbush lowered their price target on Expedia Group from $290.00 to $260.00 and set a “neutral” rating on the stock in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Expedia Group from $235.00 to $245.00 and gave the stock a “hold” rating in a report on Wednesday. Thirteen analysts have rated the stock with a Buy rating and twenty-one have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $290.87.

View Our Latest Analysis on Expedia Group

Expedia Group Price Performance

NASDAQ:EXPE opened at $236.85 on Friday. The stock has a fifty day moving average of $276.50 and a 200 day moving average of $238.58. The firm has a market capitalization of $29.02 billion, a price-to-earnings ratio of 22.67, a P/E/G ratio of 0.74 and a beta of 1.41. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.74 and a current ratio of 0.74. Expedia Group, Inc. has a 52-week low of $130.01 and a 52-week high of $303.80.

Expedia Group (NASDAQ:EXPEGet Free Report) last released its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, topping analysts’ consensus estimates of $7.10 by $0.47. Expedia Group had a net margin of 9.66% and a return on equity of 64.15%. The business had revenue of $4.41 billion during the quarter, compared to analysts’ expectations of $4.28 billion. During the same quarter in the previous year, the company earned $6.13 EPS. The business’s quarterly revenue was up 8.7% compared to the same quarter last year. On average, research analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the firm’s stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $271.55, for a total transaction of $814,650.00. Following the sale, the director owned 30,858 shares in the company, valued at $8,379,489.90. This trade represents a 8.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Madhumita Moina Banerjee sold 1,000 shares of the company’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $258.00, for a total value of $258,000.00. Following the completion of the transaction, the director owned 2,916 shares of the company’s stock, valued at $752,328. The trade was a 25.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 4,849 shares of company stock worth $1,283,270 over the last 90 days. Corporate insiders own 9.13% of the company’s stock.

Expedia Group News Roundup

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

Expedia Group 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.

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

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