Expedia Group INC (EXPE) Shareholder Kerrisdale Advisers LLC Has Lowered Its Stake by $16.30 Million as Shares Rose

Expedia Group, Inc. (NASDAQ:EXPE) LogoInvestors sentiment increased to 1.1 in Q2 2018. Its up 0.21, from 0.89 in 2018Q1. It is positive, as 38 investors sold EXPE shares while 160 reduced holdings. 60 funds opened positions while 158 raised stakes. 113.17 million shares or 2.61% less from 116.20 million shares in 2018Q1 were reported. First Personal Svcs has 0% invested in Expedia Group, Inc. (NASDAQ:EXPE) for 90 shares. Mcf Advsrs Limited Liability Com has 40 shares. Northwestern Mutual Wealth Mngmt accumulated 3,774 shares. Great West Life Assurance Company Can, Manitoba – Canada-based fund reported 85,666 shares. Etrade Capital Mngmt Lc reported 0.05% of its portfolio in Expedia Group, Inc. (NASDAQ:EXPE). Voya Invest Mgmt Ltd Company stated it has 0.02% in Expedia Group, Inc. (NASDAQ:EXPE). Par Management owns 10.84% invested in Expedia Group, Inc. (NASDAQ:EXPE) for 8.02 million shares. State Street Corp holds 0.05% in Expedia Group, Inc. (NASDAQ:EXPE) or 4.56 million shares. Gulf Intll Bank (Uk) invested 0.06% of its portfolio in Expedia Group, Inc. (NASDAQ:EXPE). Winslow Capital Mgmt Ltd Liability has 0.97% invested in Expedia Group, Inc. (NASDAQ:EXPE). Cornerstone Advisors reported 0.03% in Expedia Group, Inc. (NASDAQ:EXPE). National Ins Tx accumulated 35,460 shares. New York State Common Retirement Fund reported 239,275 shares or 0.04% of all its holdings. Savings Bank Of America De owns 593,114 shares for 0.01% of their portfolio. Eaton Vance Mngmt accumulated 0% or 13,319 shares.

Kerrisdale Advisers Llc decreased its stake in Expedia Group Inc (EXPE) by 55.84% based on its latest 2018Q2 regulatory filing with the SEC. Kerrisdale Advisers Llc sold 135,800 shares as the company’s stock rose 7.27% with the market. The hedge fund held 107,404 shares of the consumer services company at the end of 2018Q2, valued at $12.91M, down from 243,204 at the end of the previous reported quarter. Kerrisdale Advisers Llc who had been investing in Expedia Group Inc for a number of months, seems to be less bullish one the $17.62B market cap company. The stock decreased 2.00% or $2.41 during the last trading session, reaching $118.24. About 1.88 million shares traded or 10.21% up from the average. Expedia Group, Inc. (NASDAQ:EXPE) has declined 9.71% since December 8, 2017 and is downtrending. It has underperformed by 25.33% the S&P500.

Analysts await Expedia Group, Inc. (NASDAQ:EXPE) to report earnings on February, 14. They expect $0.81 EPS, up 26.56 % or $0.17 from last year’s $0.64 per share. EXPE’s profit will be $120.67 million for 36.49 P/E if the $0.81 EPS becomes a reality. After $3.36 actual EPS reported by Expedia Group, Inc. for the previous quarter, Wall Street now forecasts -75.89 % negative EPS growth.

More notable recent Expedia Group, Inc. (NASDAQ:EXPE) news were published by: Nasdaq.com which released: “What’s in the Cards for Expedia Group (EXPE) in Q3 Earnings? – Nasdaq” on October 22, 2018, also Nasdaq.com with their article: “Booking Holdings Is Still the King of the Online Travel Mountain – Nasdaq” published on November 11, 2018, Nasdaq.com published: “Expedia (EXPE) Crushes Q2 Earnings Estimates, Stock Soars – Nasdaq” on July 26, 2018. More interesting news about Expedia Group, Inc. (NASDAQ:EXPE) were released by: Nasdaq.com and their article: “Expedia (EXPE) Q3 Earnings Beat Estimates – Nasdaq” published on October 25, 2018 as well as Nasdaq.com‘s news article titled: “Expedia (EXPE) Stock Surges As Bookings and Revenue Grow 15% – Nasdaq” with publication date: April 26, 2018.

Expedia Group, Inc. (NASDAQ:EXPE) Ratings Coverage

Among 12 analysts covering Expedia Group (NASDAQ:EXPE), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Expedia Group had 14 analyst reports since July 27, 2018 according to SRatingsIntel. The company was maintained on Friday, July 27 by PiperJaffray. Credit Suisse maintained Expedia Group, Inc. (NASDAQ:EXPE) rating on Friday, July 27. Credit Suisse has “Outperform” rating and $160 target. The stock of Expedia Group, Inc. (NASDAQ:EXPE) earned “Buy” rating by Citigroup on Monday, July 30. Deutsche Bank maintained Expedia Group, Inc. (NASDAQ:EXPE) rating on Wednesday, August 15. Deutsche Bank has “Buy” rating and $147 target. The stock has “Overweight” rating by KeyBanc Capital Markets on Friday, July 27. As per Wednesday, October 24, the company rating was maintained by Credit Suisse. Telsey Advisory initiated Expedia Group, Inc. (NASDAQ:EXPE) rating on Wednesday, November 28. Telsey Advisory has “Hold” rating and $11500 target. As per Tuesday, October 23, the company rating was maintained by Deutsche Bank. The stock of Expedia Group, Inc. (NASDAQ:EXPE) earned “Overweight” rating by Barclays Capital on Friday, October 26. The rating was maintained by Wedbush on Friday, July 27 with “Neutral”.

Expedia Group, Inc. (NASDAQ:EXPE) Institutional Positions Chart

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