Toronto Dominion Bank grew its position in Expedia Group, Inc. (NASDAQ:EXPE – Free Report) by 24.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 74,046 shares of the online travel company’s stock after acquiring an additional 14,334 shares during the period. Toronto Dominion Bank owned about 0.05% of Expedia Group worth $10,200,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. ORG Partners LLC raised its position in shares of Expedia Group by 4,525.0% in the first quarter. ORG Partners LLC now owns 185 shares of the online travel company’s stock worth $25,000 after acquiring an additional 181 shares during the period. University of Texas Texas AM Investment Managment Co. purchased a new stake in shares of Expedia Group during the fourth quarter worth about $26,000. CVA Family Office LLC purchased a new stake in shares of Expedia Group during the fourth quarter worth about $32,000. Crewe Advisors LLC purchased a new stake in shares of Expedia Group during the first quarter worth about $40,000. Finally, MV Capital Management Inc. increased its stake in shares of Expedia Group by 335.6% during the fourth quarter. MV Capital Management Inc. now owns 318 shares of the online travel company’s stock worth $48,000 after purchasing an additional 245 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.
Expedia Group Stock Up 0.8 %
NASDAQ:EXPE traded up $0.97 during trading hours on Friday, hitting $125.87. The company’s stock had a trading volume of 1,440,130 shares, compared to its average volume of 2,415,698. The stock has a market capitalization of $17.15 billion, a P/E ratio of 23.57, a price-to-earnings-growth ratio of 0.48 and a beta of 1.78. The stock has a fifty day moving average of $123.31 and a 200-day moving average of $131.57. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 2.93. Expedia Group, Inc. has a 52-week low of $92.48 and a 52-week high of $160.05.
Analyst Ratings Changes
EXPE has been the subject of a number of research reports. Benchmark reissued a “buy” rating and set a $180.00 target price on shares of Expedia Group in a research note on Tuesday, July 2nd. Barclays cut their target price on shares of Expedia Group from $158.00 to $138.00 and set an “equal weight” rating for the company in a research note on Monday, May 6th. JPMorgan Chase & Co. cut their target price on shares of Expedia Group from $136.00 to $128.00 and set a “neutral” rating for the company in a research note on Friday, May 3rd. TD Cowen cut their target price on shares of Expedia Group from $165.00 to $130.00 and set a “buy” rating for the company in a research note on Friday, May 3rd. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a $145.00 price objective on shares of Expedia Group in a research note on Wednesday, May 15th. Sixteen analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $148.24.
Check Out Our Latest Analysis on Expedia Group
Insider Activity at Expedia Group
In other Expedia Group news, CAO Lance A. Soliday sold 544 shares of the company’s stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $113.38, for a total value of $61,678.72. Following the completion of the transaction, the chief accounting officer now owns 11,187 shares in the company, valued at $1,268,382.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Craig A. Jacobson sold 6,722 shares of the firm’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $112.71, for a total value of $757,636.62. Following the completion of the sale, the director now owns 32,620 shares in the company, valued at $3,676,600.20. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CAO Lance A. Soliday sold 544 shares of the firm’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $113.38, for a total transaction of $61,678.72. Following the completion of the sale, the chief accounting officer now owns 11,187 shares of the company’s stock, valued at approximately $1,268,382.06. The disclosure for this sale can be found here. 8.07% of the stock is currently owned by corporate insiders.
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.
Further Reading
- Five stocks we like better than Expedia Group
- About the Markup Calculator
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
- How to Calculate Stock Profit
- Skechers Stock Shows Strength Among Consumer Discretionary Sector
- What is Insider Trading? What You Can Learn from Insider Trading
- Tech Stocks Tumble, These Stocks Present Buying Opportunity
Want to see what other hedge funds are holding EXPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Expedia Group, Inc. (NASDAQ:EXPE – Free Report).
Receive News & Ratings for Expedia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia Group and related companies with MarketBeat.com's FREE daily email newsletter.