Axim Planning & Wealth Buys New Shares in Expedia Group, Inc. $EXPE

Axim Planning & Wealth purchased a new position in Expedia Group, Inc. (NASDAQ:EXPEFree Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,741 shares of the online travel company’s stock, valued at approximately $586,000. Expedia Group comprises about 0.5% of Axim Planning & Wealth’s investment portfolio, making the stock its 27th largest position.

Several other institutional investors have also added to or reduced their stakes in EXPE. Grey Fox Wealth Advisors LLC bought a new stake in shares of Expedia Group in the 3rd quarter valued at about $30,000. Spire Wealth Management increased its stake in Expedia Group by 114.3% in the 2nd quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock worth $25,000 after purchasing an additional 80 shares during the period. SOA Wealth Advisors LLC. purchased a new position in Expedia Group in the 3rd quarter worth approximately $36,000. Armstrong Advisory Group Inc. lifted its position in Expedia Group by 212.7% in the third quarter. Armstrong Advisory Group Inc. now owns 172 shares of the online travel company’s stock valued at $37,000 after purchasing an additional 117 shares during the last quarter. Finally, Trust Co. of Toledo NA OH purchased a new stake in shares of Expedia Group during the second quarter valued at approximately $31,000. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Expedia Group

Here are the key news stories impacting Expedia Group this week:

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. BMO Capital Markets lifted their target price on shares of Expedia Group from $205.00 to $250.00 in a research note on Friday, November 7th. Royal Bank Of Canada boosted their price objective on shares of Expedia Group from $260.00 to $290.00 and gave the company a “sector perform” rating in a research report on Wednesday, December 17th. Barclays upped their price objective on shares of Expedia Group from $220.00 to $245.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft boosted their price target on Expedia Group from $235.00 to $245.00 and gave the company a “hold” rating in a report on Wednesday. Finally, Robert W. Baird increased their price objective on Expedia Group from $240.00 to $280.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Thirteen equities research analysts have rated the stock with a Buy rating and twenty-one have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $290.87.

Get Our Latest Report on EXPE

Insider Transactions at Expedia Group

In related news, CAO Lance A. Soliday sold 849 shares of the business’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $248.08, for a total transaction of $210,619.92. Following the sale, the chief accounting officer owned 11,662 shares of the company’s stock, valued at $2,893,108.96. The trade was a 6.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Craig A. Jacobson sold 3,000 shares of the company’s stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $271.55, for a total transaction of $814,650.00. Following the completion of the sale, the director owned 30,858 shares in the company, valued at approximately $8,379,489.90. This trade represents a 8.86% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 4,849 shares of company stock valued at $1,283,270 in the last three months. 9.13% of the stock is currently owned by company insiders.

Expedia Group Trading Up 2.4%

EXPE opened at $236.85 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.72. Expedia Group, Inc. has a 52 week low of $130.01 and a 52 week high of $303.80. The stock has a market cap of $29.02 billion, a PE ratio of 22.67, a PEG ratio of 0.74 and a beta of 1.41. The business has a 50 day moving average of $276.50 and a 200-day moving average of $238.58.

Expedia Group (NASDAQ:EXPEGet Free Report) last issued its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, topping the consensus estimate of $7.10 by $0.47. The company had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $4.28 billion. Expedia Group had a return on equity of 64.15% and a net margin of 9.66%.The firm’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same period in the prior year, the firm earned $6.13 earnings per share. Equities research analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

About Expedia Group

(Free Report)

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.

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Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

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