Nisa Investment Advisors LLC Has $3.42 Million Stake in Expedia, Inc. (EXPE)

Nisa Investment Advisors LLC reduced its holdings in shares of Expedia, Inc. (NASDAQ:EXPE) by 15.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,566 shares of the online travel company’s stock after selling 5,158 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Expedia were worth $3,421,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of EXPE. Balyasny Asset Management LLC acquired a new position in shares of Expedia during the second quarter valued at about $107,942,000. Fred Alger Management Inc. acquired a new position in shares of Expedia during the second quarter valued at about $86,569,000. Vanguard Group Inc. grew its holdings in shares of Expedia by 3.7% during the second quarter. Vanguard Group Inc. now owns 12,045,217 shares of the online travel company’s stock valued at $1,794,135,000 after buying an additional 428,656 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of Expedia by 22.0% during the third quarter. American Century Companies Inc. now owns 2,031,943 shares of the online travel company’s stock valued at $292,478,000 after buying an additional 365,857 shares during the last quarter. Finally, Pictet Asset Management Ltd. grew its holdings in shares of Expedia by 79.0% during the third quarter. Pictet Asset Management Ltd. now owns 632,779 shares of the online travel company’s stock valued at $91,082,000 after buying an additional 279,312 shares during the last quarter. Hedge funds and other institutional investors own 84.12% of the company’s stock.

In other Expedia news, Director Dara Khosrowshahi sold 10,590 shares of Expedia stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $117.58, for a total value of $1,245,172.20. Following the sale, the director now owns 422,348 shares of the company’s stock, valued at $49,659,677.84. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Lance A. Soliday sold 2,401 shares of Expedia stock in a transaction dated Thursday, December 21st. The stock was sold at an average price of $120.37, for a total transaction of $289,008.37. Following the completion of the sale, the insider now directly owns 5,744 shares in the company, valued at approximately $691,405.28. The disclosure for this sale can be found here. In the last ninety days, insiders sold 354,949 shares of company stock worth $43,978,025. Insiders own 20.95% of the company’s stock.

Shares of Expedia, Inc. (NASDAQ EXPE) opened at $126.89 on Friday. The company has a market cap of $19,890.20, a PE ratio of 50.15, a price-to-earnings-growth ratio of 1.79 and a beta of 0.89. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.72 and a quick ratio of 0.72. Expedia, Inc. has a 12-month low of $115.55 and a 12-month high of $161.00.

Expedia (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, October 26th. The online travel company reported $2.51 EPS for the quarter, missing the consensus estimate of $2.61 by ($0.10). The company had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $2.98 billion. Expedia had a return on equity of 10.71% and a net margin of 4.09%. The business’s revenue was up 14.9% on a year-over-year basis. During the same period in the prior year, the firm posted $2.41 EPS. equities analysts forecast that Expedia, Inc. will post 3.91 EPS for the current year.

A number of research analysts have recently issued reports on the stock. Cowen set a $135.00 price objective on shares of Expedia and gave the company a “buy” rating in a report on Sunday, October 29th. Stifel Nicolaus reduced their price objective on shares of Expedia from $160.00 to $140.00 and set a “hold” rating for the company in a report on Friday, October 27th. Needham & Company LLC reiterated a “buy” rating and set a $180.00 price objective on shares of Expedia in a report on Thursday, September 28th. Oppenheimer reiterated a “buy” rating on shares of Expedia in a report on Wednesday, December 20th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $155.00 price objective (down from $175.00) on shares of Expedia in a report on Friday, October 27th. Eight investment analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $158.62.

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Expedia Profile

Expedia, Inc is an online travel company. The Company operates through four segments: Core Online Travel Agencies (Core OTA), trivago, Egencia and HomeAway. The Company’s Core OTA segment provides a range of travel and advertising services to its customers across the world, through a range of brands, including Expedia.com and Hotels.com in the United States, and localized Expedia and Hotels.com Websites throughout the world, Orbitz.com, Expedia Affiliate Network, Hotwire.com, Travelocity, Wotif Group, CarRentals.com and Classic Vacations.

Institutional Ownership by Quarter for Expedia (NASDAQ:EXPE)

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