Vontobel Holding Ltd. Sells 4,171 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Vontobel Holding Ltd. cut its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 15.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 23,328 shares of the online travel company’s stock after selling 4,171 shares during the period. Vontobel Holding Ltd.’s holdings in Expedia Group were worth $3,541,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Almanack Investment Partners LLC. bought a new stake in Expedia Group in the 3rd quarter valued at $26,000. Clear Street Markets LLC boosted its holdings in Expedia Group by 88.3% in the 1st quarter. Clear Street Markets LLC now owns 290 shares of the online travel company’s stock valued at $28,000 after purchasing an additional 136 shares during the period. City State Bank boosted its holdings in Expedia Group by 157.3% in the 4th quarter. City State Bank now owns 193 shares of the online travel company’s stock valued at $29,000 after purchasing an additional 118 shares during the period. CVA Family Office LLC bought a new position in shares of Expedia Group during the 4th quarter worth about $32,000. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of Expedia Group by 173.0% during the 3rd quarter. Parkside Financial Bank & Trust now owns 344 shares of the online travel company’s stock worth $35,000 after acquiring an additional 218 shares during the period. 90.76% of the stock is owned by institutional investors.

Expedia Group Stock Down 0.2 %

Shares of NASDAQ EXPE opened at $128.73 on Thursday. The firm has a market capitalization of $17.54 billion, a PE ratio of 23.93, a price-to-earnings-growth ratio of 0.39 and a beta of 1.86. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 2.24. Expedia Group, Inc. has a 1 year low of $87.94 and a 1 year high of $160.05. The firm’s 50-day moving average is $135.04 and its 200-day moving average is $132.55.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, February 8th. The online travel company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.10. Expedia Group had a net margin of 6.21% and a return on equity of 35.79%. The business had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.88 billion. Equities analysts expect that Expedia Group, Inc. will post 9.74 EPS for the current year.

Insider Buying and Selling

In related news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $150.04, for a total transaction of $1,500,400.00. Following the transaction, the director now owns 216,521 shares of the company’s stock, valued at approximately $32,486,810.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $150.04, for a total value of $1,500,400.00. Following the transaction, the director now owns 216,521 shares of the company’s stock, valued at $32,486,810.84. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Lance A. Soliday sold 5,119 shares of Expedia Group stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total transaction of $702,377.99. Following the completion of the transaction, the chief accounting officer now directly owns 10,880 shares in the company, valued at approximately $1,492,844.80. The disclosure for this sale can be found here. 8.07% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. The Goldman Sachs Group raised their price objective on shares of Expedia Group from $155.00 to $190.00 and gave the stock a “buy” rating in a report on Friday, January 19th. Ascendiant Capital Markets raised their price objective on shares of Expedia Group from $133.00 to $168.00 and gave the stock a “buy” rating in a report on Friday, December 29th. Wedbush reaffirmed a “neutral” rating and set a $130.00 price objective on shares of Expedia Group in a report on Friday, February 9th. StockNews.com raised shares of Expedia Group from a “hold” rating to a “buy” rating in a report on Wednesday, February 14th. Finally, Oppenheimer reiterated an “outperform” rating and set a $175.00 target price on shares of Expedia Group in a research report on Monday, February 5th. Thirteen investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat, Expedia Group has an average rating of “Moderate Buy” and a consensus target price of $149.12.

Expedia Group Company Profile

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.