Keynote Financial Services LLC Takes $217,000 Position in Expedia Group, Inc. (NASDAQ:EXPE)

Keynote Financial Services LLC bought a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,464 shares of the online travel company’s stock, valued at approximately $217,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. ORG Partners LLC boosted its stake in shares of Expedia Group by 4,525.0% during the first quarter. ORG Partners LLC now owns 185 shares of the online travel company’s stock valued at $25,000 after purchasing an additional 181 shares during the period. Innealta Capital LLC purchased a new stake in Expedia Group during the 2nd quarter valued at $27,000. Blue Trust Inc. boosted its position in Expedia Group by 93.8% during the 2nd quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock valued at $30,000 after buying an additional 105 shares during the period. Crewe Advisors LLC bought a new stake in Expedia Group in the 1st quarter worth $40,000. Finally, LRI Investments LLC purchased a new position in shares of Expedia Group in the first quarter valued at about $48,000. 90.76% of the stock is currently owned by institutional investors.

Expedia Group Price Performance

Shares of EXPE opened at $174.13 on Friday. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $174.42. The company has a market capitalization of $22.67 billion, a P/E ratio of 31.09, a price-to-earnings-growth ratio of 0.62 and a beta of 1.78. The firm has a 50 day moving average of $148.31 and a 200 day moving average of $132.84. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 2.45.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, August 8th. The online travel company reported $3.51 EPS for the quarter, topping analysts’ consensus estimates of $3.17 by $0.34. The business had revenue of $3.56 billion during the quarter, compared to analyst estimates of $3.53 billion. Expedia Group had a return on equity of 47.55% and a net margin of 6.09%. The company’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter last year, the company earned $2.34 EPS. As a group, equities research analysts anticipate that Expedia Group, Inc. will post 8.99 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. StockNews.com upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Friday, November 1st. UBS Group increased their price objective on Expedia Group from $137.00 to $156.00 and gave the stock a “neutral” rating in a report on Wednesday, October 23rd. Royal Bank of Canada reissued a “sector perform” rating and set a $140.00 target price on shares of Expedia Group in a research note on Friday, August 9th. DA Davidson restated a “neutral” rating and set a $135.00 target price on shares of Expedia Group in a report on Friday, August 9th. Finally, Wells Fargo & Company lifted their target price on shares of Expedia Group from $130.00 to $159.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. Nineteen analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $152.54.

Insider Buying and Selling

In other Expedia Group news, insider Robert J. Dzielak sold 12,602 shares of the company’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $131.50, for a total transaction of $1,657,163.00. Following the transaction, the insider now owns 89,960 shares in the company, valued at approximately $11,829,740. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Expedia Group news, insider Robert J. Dzielak sold 5,417 shares of the firm’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $134.60, for a total value of $729,128.20. Following the transaction, the insider now directly owns 84,543 shares of the company’s stock, valued at approximately $11,379,487.80. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Robert J. Dzielak sold 12,602 shares of the business’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $131.50, for a total value of $1,657,163.00. Following the sale, the insider now owns 89,960 shares of the company’s stock, valued at approximately $11,829,740. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 48,019 shares of company stock worth $6,958,891. 6.80% of the stock is owned by corporate insiders.

About Expedia Group

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.