Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by Assetmark Inc.

Assetmark Inc. raised its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 51.2% during the third quarter, according to its most recent filing with the SEC. The firm owned 18,608 shares of the online travel company's stock after purchasing an additional 6,298 shares during the period. Assetmark Inc.'s holdings in Expedia Group were worth $2,754,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in EXPE. Pacer Advisors Inc. lifted its stake in shares of Expedia Group by 36.8% during the 2nd quarter. Pacer Advisors Inc. now owns 2,654,200 shares of the online travel company's stock worth $334,403,000 after purchasing an additional 714,229 shares during the last quarter. Acadian Asset Management LLC lifted its position in shares of Expedia Group by 414.4% during the first quarter. Acadian Asset Management LLC now owns 686,244 shares of the online travel company's stock valued at $94,512,000 after buying an additional 552,831 shares during the last quarter. Point72 Asset Management L.P. boosted its holdings in shares of Expedia Group by 1,649.4% in the 2nd quarter. Point72 Asset Management L.P. now owns 407,605 shares of the online travel company's stock valued at $51,354,000 after buying an additional 384,305 shares in the last quarter. AustralianSuper Pty Ltd grew its position in shares of Expedia Group by 88.8% in the 2nd quarter. AustralianSuper Pty Ltd now owns 753,260 shares of the online travel company's stock worth $94,903,000 after buying an additional 354,389 shares during the last quarter. Finally, Marshall Wace LLP bought a new position in shares of Expedia Group during the 2nd quarter worth approximately $39,183,000. Hedge funds and other institutional investors own 90.76% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. DA Davidson restated a "neutral" rating and issued a $135.00 target price on shares of Expedia Group in a research note on Friday, August 9th. Bank of America raised their price objective on Expedia Group from $144.00 to $166.00 and gave the stock a "neutral" rating in a research report on Friday, October 25th. UBS Group upped their target price on Expedia Group from $137.00 to $156.00 and gave the company a "neutral" rating in a research report on Wednesday, October 23rd. TD Cowen downgraded Expedia Group from a "buy" rating to a "hold" rating and raised their price target for the stock from $130.00 to $150.00 in a report on Wednesday, September 25th. Finally, Wedbush boosted their price target on Expedia Group from $130.00 to $180.00 and gave the stock a "neutral" rating in a research note on Friday, November 8th. Twenty investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $161.62.

Insiders Place Their Bets

In other news, insider Robert J. Dzielak sold 5,417 shares of the company's stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $134.60, for a total transaction 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 $11,379,487.80. This represents a 6.02 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. In related news, Director Dara Khosrowshahi sold 10,000 shares of the firm's stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $156.87, for a total value of $1,568,700.00. Following the transaction, the director now directly owns 188,505 shares of the company's stock, valued at approximately $29,570,779.35. This trade represents a 5.04 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 5,417 shares of the business's stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $134.60, for a total value of $729,128.20. Following the sale, the insider now 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 ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 35,417 shares of company stock worth $5,301,728. 6.80% of the stock is owned by corporate insiders.

Expedia Group Price Performance

Shares of EXPE stock traded up $2.00 during mid-day trading on Thursday, hitting $182.33. 1,081,219 shares of the stock were exchanged, compared to its average volume of 2,173,412. The company has a quick ratio of 0.76, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $190.40. The firm has a fifty day moving average of $152.53 and a 200 day moving average of $134.43. The company has a market cap of $23.74 billion, a PE ratio of 23.21, a price-to-earnings-growth ratio of 0.70 and a beta of 1.78.

Expedia Group Company Profile

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.