Entropy Technologies LP Takes Position in Expedia Group, Inc. (NASDAQ:EXPE)

Entropy Technologies LP bought a new stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 4,971 shares of the online travel company's stock, valued at approximately $736,000.

Other large investors have also modified their holdings of the company. Envestnet Portfolio Solutions Inc. lifted its holdings in Expedia Group by 17.0% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 3,988 shares of the online travel company's stock worth $549,000 after buying an additional 579 shares during the last quarter. Avantax Advisory Services Inc. lifted its stake in Expedia Group by 12.3% during the first quarter. Avantax Advisory Services Inc. now owns 1,674 shares of the online travel company's stock worth $231,000 after purchasing an additional 183 shares during the last quarter. Bleakley Financial Group LLC boosted its holdings in Expedia Group by 5.1% in the first quarter. Bleakley Financial Group LLC now owns 2,028 shares of the online travel company's stock worth $279,000 after purchasing an additional 99 shares during the period. State Board of Administration of Florida Retirement System increased its stake in Expedia Group by 7.2% during the first quarter. State Board of Administration of Florida Retirement System now owns 164,317 shares of the online travel company's stock valued at $22,635,000 after purchasing an additional 11,045 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Expedia Group by 18.3% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 154,867 shares of the online travel company's stock worth $21,333,000 after purchasing an additional 23,939 shares during the period. Institutional investors own 90.76% of the company's stock.

Expedia Group Stock Down 0.5 %

Expedia Group stock traded down $0.91 during trading hours on Friday, hitting $181.35. The company had a trading volume of 2,209,134 shares, compared to its average volume of 2,174,102. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $190.40. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.76. The firm has a market capitalization of $23.61 billion, a P/E ratio of 23.11, a price-to-earnings-growth ratio of 0.71 and a beta of 1.78. The firm's fifty day moving average is $153.47 and its 200-day moving average is $134.76.

Analyst Ratings Changes

Several research firms have recently commented on EXPE. Oppenheimer lifted their price target on shares of Expedia Group from $155.00 to $210.00 and gave the company an "outperform" rating in a report on Friday, November 8th. Deutsche Bank Aktiengesellschaft downgraded Expedia Group from a "buy" rating to a "hold" rating in a research note on Friday, November 8th. Wells Fargo & Company increased their price target on Expedia Group from $130.00 to $159.00 and gave the stock an "equal weight" rating in a research report on Tuesday, October 8th. UBS Group boosted their price objective on Expedia Group from $137.00 to $156.00 and gave the company a "neutral" rating in a research report on Wednesday, October 23rd. Finally, Wedbush upped their price objective on Expedia Group from $130.00 to $180.00 and gave the stock a "neutral" rating in a research note on Friday, November 8th. Nineteen research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Expedia Group has an average rating of "Hold" and an average price target of $162.68.

Insider Buying and Selling

In related news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $150.18, for a total transaction of $1,501,800.00. Following the sale, the director now directly owns 198,505 shares of the company's stock, valued at $29,811,480.90. This trade represents a 4.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 5,417 shares of the company's stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $134.60, for a total value of $729,128.20. Following the completion of the transaction, the insider now directly owns 84,543 shares of the company's stock, valued at approximately $11,379,487.80. This trade represents a 6.02 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 35,417 shares of company stock worth $5,301,728. Corporate insiders own 6.80% of the company's stock.

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.