Expedia Group, Inc. (NASDAQ:EXPE) Shares Acquired by Creative Planning

Posted by Defense World Staff on Oct 10th, 2023

Creative Planning boosted its holdings in Expedia Group, Inc. (NASDAQ:EXPE – Free Report) by 9.3% in the second quarter, HoldingsChannel.com reports. The firm owned 31,492 shares of the online travel company’s stock after acquiring an additional 2,688 shares during the period. Creative Planning’s holdings in Expedia Group were worth $3,445,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the business. Moody National Bank Trust Division boosted its holdings in Expedia Group by 1.8% in the second quarter. Moody National Bank Trust Division now owns 5,027 shares of the online travel company’s stock worth $550,000 after purchasing an additional 90 shares during the period. Utah Retirement Systems boosted its holdings in shares of Expedia Group by 0.4% during the fourth quarter. Utah Retirement Systems now owns 26,371 shares of the online travel company’s stock valued at $2,310,000 after acquiring an additional 100 shares during the period. Thomasville National Bank boosted its holdings in shares of Expedia Group by 2.6% during the second quarter. Thomasville National Bank now owns 3,910 shares of the online travel company’s stock valued at $428,000 after acquiring an additional 100 shares during the period. HM Payson & Co. boosted its holdings in shares of Expedia Group by 25.0% during the second quarter. HM Payson & Co. now owns 500 shares of the online travel company’s stock valued at $55,000 after acquiring an additional 100 shares during the period. Finally, Wetherby Asset Management Inc. boosted its holdings in shares of Expedia Group by 3.9% during the first quarter. Wetherby Asset Management Inc. now owns 2,694 shares of the online travel company’s stock valued at $527,000 after acquiring an additional 100 shares during the period. Institutional investors and hedge funds own 91.15% of the company’s stock.

Expedia Group Price Performance

NASDAQ EXPE opened at $99.67 on Tuesday. The stock’s 50-day moving average price is $106.39 and its two-hundred day moving average price is $103.60. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.94. The company has a market cap of $14.29 billion, a PE ratio of 17.55, a PEG ratio of 0.51 and a beta of 1.62. Expedia Group, Inc. has a 1 year low of $82.39 and a 1 year high of $124.95.

Expedia Group (NASDAQ:EXPE – Get Free Report) last posted its quarterly earnings data on Thursday, August 3rd. The online travel company reported $2.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.54. The firm had revenue of $3.36 billion for the quarter, compared to the consensus estimate of $3.37 billion. Expedia Group had a return on equity of 26.36% and a net margin of 7.33%. On average, analysts predict that Expedia Group, Inc. will post 7.25 EPS for the current year.

Insiders Place Their Bets

In other Expedia Group news, insider Robert J. Dzielak sold 6,000 shares of Expedia Group stock in a transaction dated Tuesday, August 29th. The stock was sold at an average price of $110.00, for a total transaction of $660,000.00. Following the transaction, the insider now owns 75,750 shares of the company’s stock, valued at approximately $8,332,500. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 8.07% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on EXPE. Citigroup boosted their price target on shares of Expedia Group from $105.00 to $115.00 and gave the company a “neutral” rating in a report on Monday, August 7th. TD Cowen reduced their price target on shares of Expedia Group from $125.00 to $110.00 and set an “outperform” rating for the company in a report on Friday, August 4th. Credit Suisse Group lifted their price objective on shares of Expedia Group from $172.00 to $174.00 and gave the company an “outperform” rating in a research note on Friday, August 4th. Barclays cut their price objective on shares of Expedia Group from $137.00 to $128.00 and set an “overweight” rating on the stock in a research note on Friday, August 4th. Finally, Mizuho lifted their price objective on shares of Expedia Group from $110.00 to $120.00 in a research note on Monday, July 31st. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $127.74.

Read Our Latest Report on Expedia Group

Expedia Group Company Profile

(Free Report)

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 includes 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; Wotif Group; CheapTickets; ebookers; Expedia; Hotwire; CarRentals.com; Classic Vacations; and Expedia Cruise.