Navis Wealth Advisors LLC Takes $212,000 Position in Expedia Group, Inc. (NASDAQ:EXPE)

Navis Wealth Advisors LLC bought a new position in Expedia Group, Inc. (NASDAQ:EXPE) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 1,138 shares of the online travel company’s stock, valued at approximately $212,000.

A number of other large investors also recently added to or reduced their stakes in EXPE. Hantz Financial Services Inc. increased its stake in shares of Expedia Group by 2.1% in the third quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company’s stock worth $441,000 after buying an additional 62 shares during the period. Empirical Finance LLC raised its stake in shares of Expedia Group by 1.3% during the third quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock valued at $704,000 after acquiring an additional 63 shares during the last quarter. UMB Bank n.a. grew its stake in shares of Expedia Group by 14.8% in the fourth quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock worth $91,000 after purchasing an additional 63 shares during the last quarter. Venture Visionary Partners LLC increased its holdings in Expedia Group by 0.6% during the 3rd quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock valued at $1,683,000 after purchasing an additional 64 shares during the period. Finally, GHE LLC raised its position in Expedia Group by 1.0% during the 3rd quarter. GHE LLC now owns 6,689 shares of the online travel company’s stock valued at $980,000 after purchasing an additional 69 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Insider Transactions at Expedia Group

In other news, insider Robert J. Dzielak sold 1,951 shares of the company’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following the completion of the sale, the insider now directly owns 85,250 shares in the company, valued at $15,345,000. This represents a 2.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total value of $1,851,500.00. Following the transaction, the director now owns 168,505 shares in the company, valued at $31,198,700.75. This trade represents a 5.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 28,951 shares of company stock worth $5,045,310 in the last ninety days. Insiders own 6.80% of the company’s stock.

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $171.23 on Friday. The business has a 50-day simple moving average of $184.26 and a two-hundred day simple moving average of $157.56. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. The firm has a market cap of $21.98 billion, a price-to-earnings ratio of 22.04, a price-to-earnings-growth ratio of 0.78 and a beta of 1.83. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $192.34.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, November 7th. The online travel company reported $5.18 earnings per share for the quarter, missing analysts’ consensus estimates of $5.42 by ($0.24). Expedia Group had a net margin of 7.97% and a return on equity of 49.25%. The company had revenue of $4.06 billion for the quarter, compared to the consensus estimate of $4.11 billion. During the same quarter last year, the company earned $4.85 EPS. On average, analysts expect that Expedia Group, Inc. will post 8.76 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. BTIG Research lifted their price objective on Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Benchmark boosted their price objective on shares of Expedia Group from $180.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Wedbush upped their price objective on shares of Expedia Group from $130.00 to $180.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Melius Research upgraded shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. Finally, Baird R W raised shares of Expedia Group to a “strong-buy” rating in a research note on Wednesday, November 27th. Twenty investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $175.96.

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.