Nisa Investment Advisors LLC Purchases 6,132 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Nisa Investment Advisors LLC raised its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 13.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 50,917 shares of the online travel company’s stock after acquiring an additional 6,132 shares during the period. Nisa Investment Advisors LLC’s holdings in Expedia Group were worth $7,537,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of EXPE. ORG Partners LLC increased its holdings in Expedia Group by 4,525.0% in the 1st quarter. ORG Partners LLC now owns 185 shares of the online travel company’s stock valued at $25,000 after acquiring an additional 181 shares during the last quarter. Innealta Capital LLC bought a new stake in Expedia Group in the 2nd quarter valued at $27,000. Blue Trust Inc. increased its holdings in Expedia Group by 93.8% in the 2nd quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock valued at $30,000 after acquiring an additional 105 shares during the last quarter. Crewe Advisors LLC bought a new stake in Expedia Group in the 1st quarter valued at $40,000. Finally, LRI Investments LLC bought a new stake in Expedia Group in the 1st quarter valued at $48,000. 90.76% of the stock is currently owned by institutional investors.

Insider Activity at Expedia Group

In other news, insider Robert J. Dzielak sold 5,417 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $134.60, for a total value of $729,128.20. Following the completion of the sale, the insider now owns 84,543 shares in the company, valued at approximately $11,379,487.80. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, 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 completion of the sale, the insider now owns 89,960 shares in the company, valued at approximately $11,829,740. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Robert J. Dzielak sold 5,417 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $134.60, for a total transaction of $729,128.20. Following the completion of the sale, the insider now owns 84,543 shares of the company’s stock, valued at approximately $11,379,487.80. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 38,019 shares of company stock worth $5,390,191 in the last 90 days. 8.07% of the stock is owned by corporate insiders.

Expedia Group Trading Up 1.4 %

Shares of EXPE opened at $161.15 on Thursday. Expedia Group, Inc. has a 1-year low of $92.48 and a 1-year high of $164.65. The company has a 50-day moving average of $145.82 and a 200 day moving average of $131.65. The firm has a market capitalization of $21.96 billion, a price-to-earnings ratio of 30.18, a PEG ratio of 0.63 and a beta of 1.79. The company has a debt-to-equity ratio of 2.45, a current ratio of 0.76 and a quick ratio of 0.76.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, August 8th. The online travel company reported $3.51 earnings per share for the quarter, beating analysts’ consensus estimates of $3.17 by $0.34. Expedia Group had a net margin of 6.09% and a return on equity of 47.55%. The company had revenue of $3.56 billion during the quarter, compared to analyst estimates of $3.53 billion. During the same quarter last year, the business posted $2.34 EPS. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. On average, research analysts expect that Expedia Group, Inc. will post 8.98 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on EXPE shares. UBS Group lifted their price target on shares of Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. Citigroup lifted their price objective on shares of Expedia Group from $140.00 to $145.00 and gave the stock a “neutral” rating in a research note on Friday, August 9th. Wedbush lifted their price objective on shares of Expedia Group from $125.00 to $130.00 and gave the stock a “neutral” rating in a research note on Friday, August 9th. Piper Sandler reissued a “neutral” rating and issued a $140.00 price objective (down from $145.00) on shares of Expedia Group in a research note on Friday, August 9th. Finally, Truist Financial started coverage on shares of Expedia Group in a research note on Friday, September 6th. They issued a “hold” rating and a $148.00 price objective for the company. Nineteen investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, Expedia Group currently has an average rating of “Hold” and a consensus price target of $152.54.

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.