First Bank & Trust Sells 231 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

First Bank & Trust lessened its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 10.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,905 shares of the online travel company’s stock after selling 231 shares during the period. First Bank & Trust’s holdings in Expedia Group were worth $282,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. TD Cowen downgraded shares of Expedia Group from a “buy” rating to a “hold” rating and lifted their price target for the stock from $130.00 to $150.00 in a research note on Wednesday, September 25th. UBS Group upped their price target on shares of Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research report on Wednesday. Jefferies Financial Group lifted their price objective on Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a report on Tuesday, October 22nd. Piper Sandler restated a “neutral” rating and set a $140.00 target price (down from $145.00) on shares of Expedia Group in a report on Friday, August 9th. Finally, Susquehanna lifted their price target on Expedia Group from $125.00 to $145.00 and gave the stock a “neutral” rating in a research note on Monday, August 12th. Nineteen investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, Expedia Group has a consensus rating of “Hold” and an average target price of $152.54.

Insider Buying and Selling

In other news, insider Robert J. Dzielak sold 12,602 shares of the stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $131.50, for a total transaction of $1,657,163.00. Following the transaction, the insider now directly owns 89,960 shares of the company’s stock, valued at $11,829,740. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, insider Robert J. Dzielak sold 5,417 shares of the firm’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $134.60, for a total value of $729,128.20. Following the transaction, the insider now directly owns 84,543 shares of the company’s stock, valued at approximately $11,379,487.80. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Robert J. Dzielak sold 12,602 shares of Expedia Group stock in a transaction on 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 transaction, the insider now owns 89,960 shares in the company, valued at $11,829,740. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 38,019 shares of company stock worth $5,390,191. 6.80% of the stock is owned by insiders.

Expedia Group Stock Performance

Shares of EXPE stock opened at $158.39 on Friday. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.76 and a current ratio of 0.76. The company has a market capitalization of $20.62 billion, a price-to-earnings ratio of 28.28, a price-to-earnings-growth ratio of 0.63 and a beta of 1.79. Expedia Group, Inc. has a one year low of $92.48 and a one year high of $164.65. The company’s 50-day moving average is $144.30 and its 200 day moving average is $131.07.

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