Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by Foyston Gordon & Payne Inc

Foyston Gordon & Payne Inc grew its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 0.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,135 shares of the online travel company’s stock after acquiring an additional 74 shares during the period. Foyston Gordon & Payne Inc’s holdings in Expedia Group were worth $4,124,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. SRH Advisors LLC purchased a new stake in shares of Expedia Group in the fourth quarter worth about $28,000. Sava Infond d.o.o. purchased a new position in Expedia Group in the 4th quarter worth approximately $28,000. Grove Bank & Trust boosted its holdings in Expedia Group by 676.2% in the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock worth $30,000 after acquiring an additional 142 shares during the period. Prudent Man Investment Management Inc. acquired a new stake in Expedia Group in the fourth quarter valued at approximately $34,000. Finally, Optiver Holding B.V. purchased a new stake in shares of Expedia Group during the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Activity at Expedia Group

In other news, insider Robert J. Dzielak sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total value of $1,028,500.00. Following the completion of the sale, the insider now directly owns 74,502 shares of the company’s stock, valued at approximately $15,325,061.40. This represents a 6.29 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 6.80% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on EXPE shares. HSBC upgraded shares of Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 target price for the company in a research note on Friday, February 7th. B. Riley reissued a “buy” rating and issued a $235.00 price target (up previously from $220.00) on shares of Expedia Group in a report on Friday, February 7th. UBS Group lowered their price objective on Expedia Group from $194.00 to $170.00 and set a “neutral” rating for the company in a research note on Monday, April 28th. Citigroup upped their target price on Expedia Group from $200.00 to $217.00 and gave the company a “neutral” rating in a research report on Tuesday, February 11th. Finally, Hsbc Global Res raised shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, seventeen have issued a hold rating, eleven have issued a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, Expedia Group presently has a consensus rating of “Moderate Buy” and an average price target of $189.04.

Expedia Group Stock Performance

Shares of NASDAQ EXPE opened at $156.55 on Friday. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $207.73. The company has a market cap of $20.17 billion, a PE ratio of 17.30, a P/E/G ratio of 0.92 and a beta of 1.62. The stock has a 50 day simple moving average of $161.69 and a 200-day simple moving average of $175.63. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, May 8th. The online travel company reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.02). The business had revenue of $2.99 billion for the quarter, compared to analyst estimates of $3.02 billion. Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. The company’s revenue was up 3.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.21 EPS. On average, equities research analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current year.

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.