Expedia Group, Inc. (NASDAQ:EXPE) Short Interest Update

Expedia Group, Inc. (NASDAQ:EXPE) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 6,112,405 shares, a decrease of 12.4% from the December 31st total of 6,979,239 shares. Currently, 5.5% of the shares of the stock are short sold. Based on an average daily volume of 1,454,739 shares, the days-to-cover ratio is currently 4.2 days. Based on an average daily volume of 1,454,739 shares, the days-to-cover ratio is currently 4.2 days. Currently, 5.5% of the shares of the stock are short sold.

Expedia Group Stock Up 0.9%

NASDAQ EXPE opened at $236.48 on Thursday. The stock has a 50 day moving average price of $277.40 and a 200-day moving average price of $238.27. Expedia Group has a one year low of $130.01 and a one year high of $303.80. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.74 and a current ratio of 0.74. The company has a market capitalization of $28.98 billion, a P/E ratio of 22.63, a P/E/G ratio of 0.76 and a beta of 1.41.

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

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on EXPE. Susquehanna upped their price objective on Expedia Group from $200.00 to $265.00 and gave the stock a “neutral” rating in a research note on Monday, November 10th. Cantor Fitzgerald upped their price target on Expedia Group from $220.00 to $285.00 and gave the stock a “neutral” rating in a research note on Friday, November 7th. Wall Street Zen lowered shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a report on Sunday, January 11th. Morgan Stanley boosted their target price on shares of Expedia Group from $180.00 to $270.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 13th. Finally, Evercore ISI upped their target price on shares of Expedia Group from $280.00 to $350.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 25th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and twenty-two have assigned a Hold rating to the company. According to data from MarketBeat.com, Expedia Group presently has an average rating of “Hold” and an average target price of $291.52.

Insider Transactions at Expedia Group

In other news, Director Craig A. Jacobson sold 3,000 shares of the firm’s stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $271.55, for a total transaction of $814,650.00. Following the sale, the director directly owned 30,858 shares in the company, valued at $8,379,489.90. This trade represents a 8.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Lance A. Soliday sold 849 shares of Expedia Group stock in a transaction on Friday, November 21st. The shares were sold at an average price of $248.08, for a total transaction of $210,619.92. Following the transaction, the chief accounting officer owned 11,662 shares in the company, valued at approximately $2,893,108.96. This trade represents a 6.79% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 4,849 shares of company stock valued at $1,283,270 over the last three months. Corporate insiders own 9.13% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC bought a new stake in shares of Expedia Group in the 4th quarter valued at approximately $408,000. NewEdge Advisors LLC raised its holdings in Expedia Group by 5.0% during the 1st quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock valued at $917,000 after buying an additional 259 shares during the period. Sivia Capital Partners LLC bought a new stake in Expedia Group in the second quarter worth $596,000. Mirae Asset Global Investments Co. Ltd. lifted its position in Expedia Group by 7.9% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 15,803 shares of the online travel company’s stock worth $2,666,000 after buying an additional 1,162 shares during the last quarter. Finally, Ameritas Advisory Services LLC purchased a new position in Expedia Group during the second quarter worth $64,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Company Profile

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.