EP Wealth Advisors LLC purchased a new stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 5,127 shares of the online travel company's stock, valued at approximately $759,000.
Other large investors have also added to or reduced their stakes in the company. Innealta Capital LLC purchased a new stake in shares of Expedia Group during the 2nd quarter worth approximately $27,000. Blue Trust Inc. grew its position in shares of Expedia Group by 93.8% during the 2nd quarter. Blue Trust Inc. now owns 217 shares of the online travel company's stock valued at $30,000 after purchasing an additional 105 shares in the last quarter. Venturi Wealth Management LLC lifted its holdings in shares of Expedia Group by 709.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company's stock worth $49,000 after acquiring an additional 291 shares during the last quarter. Brooklyn Investment Group bought a new stake in shares of Expedia Group during the 3rd quarter worth $51,000. Finally, Strategic Financial Concepts LLC bought a new stake in Expedia Group in the second quarter worth $65,000. Institutional investors own 90.76% of the company's stock.
Analysts Set New Price Targets
A number of equities analysts have issued reports on EXPE shares. UBS Group boosted their price objective on shares of Expedia Group from $137.00 to $156.00 and gave the company a "neutral" rating in a research report on Wednesday, October 23rd. Benchmark boosted their price target on shares of Expedia Group from $180.00 to $200.00 and gave the company a "buy" rating in a research report on Friday, November 8th. Truist Financial initiated coverage on shares of Expedia Group in a report on Friday, September 6th. They issued a "hold" rating and a $148.00 price objective on the stock. Wedbush upped their price objective on Expedia Group from $130.00 to $180.00 and gave the company a "neutral" rating in a research report on Friday, November 8th. Finally, Wells Fargo & Company upped their price objective on Expedia Group from $130.00 to $159.00 and gave the stock an "equal weight" rating in a research note on Tuesday, October 8th. Twenty investment analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Expedia Group has a consensus rating of "Hold" and a consensus price target of $167.67.
Check Out Our Latest Report on Expedia Group
Insider Buying and Selling 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, October 4th. The shares were 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 in the company, valued at $29,811,480.90. This represents a 4.80 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 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 transaction of $1,273,930.00. Following the sale, the chief accounting officer now owns 11,187 shares in the company, valued at approximately $2,035,922.13. This trade represents a 38.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 38,951 shares of company stock worth $6,197,710 in the last ninety days. 6.80% of the stock is owned by insiders.
Expedia Group Trading Up 1.0 %
NASDAQ:EXPE traded up $1.88 on Wednesday, hitting $190.29. The stock had a trading volume of 888,176 shares, compared to its average volume of 2,094,232. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. The stock has a market cap of $24.42 billion, a price-to-earnings ratio of 24.49, a PEG ratio of 0.75 and a beta of 1.84. The company has a fifty day moving average price of $169.54 and a two-hundred day moving average price of $143.57. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $192.34.
Expedia Group Company Profile
(
Free Report)
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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