Crossmark Global Holdings Inc. Has $2.16 Million Position in Expedia Group, Inc. (NASDAQ:EXPE)

Crossmark Global Holdings Inc. raised its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 11.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,613 shares of the online travel company’s stock after buying an additional 1,212 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Expedia Group were worth $2,163,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of EXPE. Grove Bank & Trust increased its stake in Expedia Group by 676.2% during the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after purchasing an additional 142 shares in the last quarter. Venturi Wealth Management LLC increased its stake in Expedia Group by 709.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after purchasing an additional 291 shares in the last quarter. Brooklyn Investment Group bought a new stake in Expedia Group during the 3rd quarter worth approximately $51,000. Future Financial Wealth Managment LLC bought a new stake in Expedia Group during the 3rd quarter worth approximately $74,000. Finally, UMB Bank n.a. increased its stake in Expedia Group by 14.8% during the 4th quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock worth $91,000 after purchasing an additional 63 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Expedia Group news, insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following the transaction, the insider now owns 85,250 shares in the company, valued at $15,345,000. The trade was a 2.24 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $156.87, for a total value of $1,568,700.00. Following the sale, the director now directly owns 188,505 shares in the company, valued at $29,570,779.35. The trade was a 5.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 28,951 shares of company stock worth $5,045,310. Company insiders own 6.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Baird R W raised Expedia Group to a “strong-buy” rating in a research note on Wednesday, November 27th. Bank of America raised Expedia Group from a “neutral” rating to a “buy” rating and increased their target price for the stock from $187.00 to $221.00 in a research note on Wednesday, December 18th. The Goldman Sachs Group upped their price target on Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Deutsche Bank Aktiengesellschaft downgraded Expedia Group from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Finally, UBS Group upped their price target on Expedia Group from $137.00 to $156.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 23rd. Twenty analysts have rated the stock with a hold rating, ten have issued a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $175.96.

Expedia Group Stock Up 1.9 %

EXPE stock opened at $176.89 on Friday. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. The stock has a market capitalization of $22.70 billion, a price-to-earnings ratio of 22.77, a PEG ratio of 0.82 and a beta of 1.83. The business’s fifty day moving average price is $184.57 and its two-hundred day moving average price is $157.11. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $192.34.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, November 7th. The online travel company reported $5.18 EPS for the quarter, missing analysts’ consensus estimates of $5.42 by ($0.24). Expedia Group had a return on equity of 49.25% and a net margin of 7.97%. The company had revenue of $4.06 billion during the quarter, compared to the consensus estimate of $4.11 billion. During the same quarter in the previous year, the business posted $4.85 EPS. On average, equities analysts anticipate that Expedia Group, Inc. will post 8.76 earnings per share for the current year.

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.