KRS Capital Management LLC Has $237,000 Position in Expedia Group, Inc. (NASDAQ:EXPE)

KRS Capital Management LLC raised its position in Expedia Group, Inc. (NASDAQ:EXPE) by 23.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,723 shares of the online travel company’s stock after acquiring an additional 325 shares during the quarter. KRS Capital Management LLC’s holdings in Expedia Group were worth $237,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Kestra Advisory Services LLC increased its holdings in Expedia Group by 40.2% in the 3rd quarter. Kestra Advisory Services LLC now owns 4,761 shares of the online travel company’s stock valued at $491,000 after buying an additional 1,365 shares during the period. Envestnet Portfolio Solutions Inc. bought a new position in Expedia Group in the 3rd quarter valued at about $323,000. Envestnet Asset Management Inc. increased its holdings in Expedia Group by 102.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 111,768 shares of the online travel company’s stock valued at $11,520,000 after buying an additional 56,482 shares during the period. LPL Financial LLC increased its holdings in Expedia Group by 4.1% in the 3rd quarter. LPL Financial LLC now owns 63,607 shares of the online travel company’s stock valued at $6,556,000 after buying an additional 2,505 shares during the period. Finally, Mariner LLC grew its holdings in shares of Expedia Group by 41.2% during the 3rd quarter. Mariner LLC now owns 15,556 shares of the online travel company’s stock valued at $1,603,000 after purchasing an additional 4,538 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Transactions at Expedia Group

In other news, Director Craig A. Jacobson sold 6,722 shares of the firm’s stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $112.71, for a total value of $757,636.62. Following the transaction, the director now owns 32,620 shares in the company, valued at $3,676,600.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Craig A. Jacobson sold 6,722 shares of the firm’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $112.71, for a total value of $757,636.62. Following the completion of the sale, the director now owns 32,620 shares of the company’s stock, valued at $3,676,600.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Lance A. Soliday sold 544 shares of the firm’s stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $113.38, for a total value of $61,678.72. Following the completion of the sale, the chief accounting officer now directly owns 11,187 shares of the company’s stock, valued at approximately $1,268,382.06. The disclosure for this sale can be found here. Company insiders own 8.07% of the company’s stock.

Expedia Group Price Performance

Shares of EXPE stock traded up $1.33 during trading on Friday, hitting $125.99. The company had a trading volume of 2,692,902 shares, compared to its average volume of 1,991,685. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 2.93. The stock’s 50-day moving average is $120.85 and its two-hundred day moving average is $134.41. The stock has a market capitalization of $17.17 billion, a price-to-earnings ratio of 23.59, a price-to-earnings-growth ratio of 0.47 and a beta of 1.78. Expedia Group, Inc. has a 52 week low of $92.48 and a 52 week high of $160.05.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, May 2nd. The online travel company reported ($0.39) EPS for the quarter, beating analysts’ consensus estimates of ($0.96) by $0.57. Expedia Group had a net margin of 6.18% and a return on equity of 41.63%. The business had revenue of $2.89 billion for the quarter, compared to analysts’ expectations of $2.80 billion. As a group, analysts predict that Expedia Group, Inc. will post 9.33 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently issued reports on EXPE. B. Riley dropped their target price on shares of Expedia Group from $200.00 to $190.00 and set a “buy” rating on the stock in a research report on Friday, May 3rd. JPMorgan Chase & Co. dropped their target price on shares of Expedia Group from $136.00 to $128.00 and set a “neutral” rating on the stock in a research report on Friday, May 3rd. Susquehanna reiterated a “neutral” rating and set a $125.00 target price on shares of Expedia Group in a research report on Wednesday, May 15th. Jefferies Financial Group dropped their target price on shares of Expedia Group from $150.00 to $145.00 and set a “hold” rating on the stock in a research report on Tuesday, March 19th. Finally, Mizuho decreased their price target on shares of Expedia Group from $140.00 to $135.00 and set a “neutral” rating for the company in a research note on Friday, May 3rd. Sixteen analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $148.12.

About Expedia Group

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.