Harvest Fund Management Co. Ltd Buys 1,127 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Harvest Fund Management Co. Ltd grew its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 2,254.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,177 shares of the online travel company’s stock after buying an additional 1,127 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in Expedia Group were worth $177,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of EXPE. Harbor Capital Advisors Inc. increased its holdings in Expedia Group by 1.5% in the 4th quarter. Harbor Capital Advisors Inc. now owns 5,090 shares of the online travel company’s stock worth $773,000 after purchasing an additional 75 shares in the last quarter. Nilsine Partners LLC increased its stake in shares of Expedia Group by 1.7% in the fourth quarter. Nilsine Partners LLC now owns 5,725 shares of the online travel company’s stock valued at $869,000 after buying an additional 96 shares during the period. Signaturefd LLC raised its holdings in Expedia Group by 11.8% in the 3rd quarter. Signaturefd LLC now owns 1,017 shares of the online travel company’s stock valued at $105,000 after buying an additional 107 shares during the last quarter. Knights of Columbus Asset Advisors LLC boosted its position in Expedia Group by 0.4% during the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 25,321 shares of the online travel company’s stock worth $3,843,000 after buying an additional 112 shares during the period. Finally, Allworth Financial LP grew its holdings in Expedia Group by 22.6% during the 4th quarter. Allworth Financial LP now owns 629 shares of the online travel company’s stock worth $95,000 after acquiring an additional 116 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Expedia Group Stock Performance

Shares of EXPE stock opened at $135.00 on Thursday. Expedia Group, Inc. has a 12 month low of $87.94 and a 12 month high of $160.05. The stock has a market capitalization of $18.40 billion, a P/E ratio of 25.24, a PEG ratio of 0.41 and a beta of 1.86. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 2.24. The firm’s 50 day moving average is $134.36 and its 200 day moving average is $133.66.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, February 8th. The online travel company reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.10. Expedia Group had a return on equity of 35.79% and a net margin of 6.21%. The firm had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.88 billion. On average, sell-side analysts anticipate that Expedia Group, Inc. will post 9.72 earnings per share for the current year.

Insider Transactions at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $150.04, for a total value of $1,500,400.00. Following the completion of the transaction, the director now directly owns 216,521 shares in the company, valued at $32,486,810.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other Expedia Group news, CAO Lance A. Soliday sold 5,119 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total value of $702,377.99. Following the completion of the transaction, the chief accounting officer now owns 10,880 shares of the company’s stock, valued at approximately $1,492,844.80. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $150.04, for a total transaction of $1,500,400.00. Following the completion of the transaction, the director now owns 216,521 shares of the company’s stock, valued at $32,486,810.84. The disclosure for this sale can be found here. Insiders own 8.07% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised their price target on shares of Expedia Group from $115.00 to $136.00 and gave the company a “neutral” rating in a research note on Friday, February 9th. BTIG Research increased their price target on Expedia Group from $150.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, December 27th. Oppenheimer restated an “outperform” rating and set a $175.00 price objective on shares of Expedia Group in a research report on Monday, February 5th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $155.00 target price on shares of Expedia Group in a report on Friday, February 9th. Finally, Benchmark raised their price target on shares of Expedia Group from $160.00 to $180.00 and gave the stock a “buy” rating in a report on Tuesday, February 6th. Thirteen research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $149.12.

Expedia Group 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.