Aurora Investment Counsel Cuts Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

Aurora Investment Counsel lowered its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 30.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,222 shares of the online travel company's stock after selling 4,422 shares during the period. Aurora Investment Counsel's holdings in Expedia Group were worth $1,513,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cozad Asset Management Inc. boosted its position in Expedia Group by 16.9% in the third quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company's stock worth $4,562,000 after purchasing an additional 4,449 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its position in shares of Expedia Group by 13.1% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company's stock valued at $96,171,000 after buying an additional 75,120 shares during the last quarter. DoubleLine ETF Adviser LP purchased a new position in shares of Expedia Group during the 2nd quarter valued at $465,000. Swedbank AB lifted its position in shares of Expedia Group by 5.0% during the 2nd quarter. Swedbank AB now owns 169,076 shares of the online travel company's stock valued at $21,302,000 after buying an additional 8,026 shares during the last quarter. Finally, Forsta AP Fonden lifted its position in shares of Expedia Group by 26.6% during the 3rd quarter. Forsta AP Fonden now owns 42,300 shares of the online travel company's stock valued at $6,261,000 after buying an additional 8,900 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company's stock.

Insider Activity at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred on Friday, September 27th. The stock was sold at an average price of $150.21, for a total value of $1,502,100.00. Following the completion of the sale, the director now owns 208,505 shares in the company, valued at approximately $31,319,536.05. This trade represents a 4.58 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Lance A. Soliday sold 7,000 shares of the stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $181.99, for a total value of $1,273,930.00. Following the completion of the sale, the chief accounting officer now owns 11,187 shares of the company's stock, valued at approximately $2,035,922.13. This trade represents a 38.49 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 37,000 shares of company stock worth $5,846,530 in the last ninety days. 6.80% of the stock is owned by company insiders.

Expedia Group Price Performance

Shares of Expedia Group stock opened at $179.10 on Thursday. The firm has a market capitalization of $22.99 billion, a PE ratio of 23.05, a price-to-earnings-growth ratio of 0.69 and a beta of 1.78. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $190.40. The business's 50-day moving average price is $157.30 and its 200-day moving average price is $136.14. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03.

Analyst Ratings Changes

A number of brokerages have recently commented on EXPE. TD Cowen cut Expedia Group from a "buy" rating to a "hold" rating and upped their price target for the company from $130.00 to $150.00 in a research report on Wednesday, September 25th. Bank of America upped their price target on Expedia Group from $144.00 to $166.00 and gave the company a "neutral" rating in a research report on Friday, October 25th. 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 note on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft lowered Expedia Group from a "buy" rating to a "hold" rating in a research note on Friday, November 8th. Finally, Royal Bank of Canada reiterated a "sector perform" rating and set a $140.00 price objective on shares of Expedia Group in a research note on Friday, August 9th. 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, the company presently has a consensus rating of "Hold" and a consensus price target of $164.88.

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.

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