2,820 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Acquired by Everence Capital Management Inc.

Everence Capital Management Inc. purchased a new stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,820 shares of the online travel company's stock, valued at approximately $525,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Venturi Wealth Management LLC lifted its holdings in shares of Expedia Group by 709.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company's stock worth $49,000 after purchasing an additional 291 shares in the last quarter. Brooklyn Investment Group bought a new position in shares of Expedia Group in the third quarter valued at $51,000. Strategic Financial Concepts LLC acquired a new position in shares of Expedia Group during the second quarter valued at about $65,000. Future Financial Wealth Managment LLC bought a new stake in shares of Expedia Group during the third quarter worth about $74,000. Finally, Versant Capital Management Inc raised its holdings in shares of Expedia Group by 299.3% in the 4th quarter. Versant Capital Management Inc now owns 559 shares of the online travel company's stock worth $104,000 after acquiring an additional 419 shares during the last quarter. 90.76% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on EXPE. Susquehanna lifted their price target on Expedia Group from $145.00 to $190.00 and gave the company a "neutral" rating in a research note on Monday, November 11th. Jefferies Financial Group upped their price target on Expedia Group from $145.00 to $160.00 and gave the stock a "hold" rating in a report on Tuesday, October 22nd. TD Cowen lowered Expedia Group from a "buy" rating to a "hold" rating and increased their price target for the company from $130.00 to $150.00 in a research report on Wednesday, September 25th. Wells Fargo & Company lifted their price objective on shares of Expedia Group from $130.00 to $159.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 8th. Finally, JMP Securities reiterated a "market perform" rating on shares of Expedia Group in a research note on Monday, December 16th. Twenty analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $171.63.

Insiders Place Their Bets

In other Expedia Group news, insider Robert J. Dzielak sold 1,951 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total value of $351,180.00. Following the sale, the insider now directly owns 85,250 shares in the company, valued at $15,345,000. This represents a 2.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm's stock in a transaction on Friday, November 1st. The shares were sold at an average price of $156.87, for a total transaction of $1,568,700.00. Following the completion of the transaction, the director now directly owns 188,505 shares of the company's stock, valued at approximately $29,570,779.35. The trade was a 5.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 28,951 shares of company stock worth $5,045,310 in the last quarter. 6.80% of the stock is owned by company insiders.

Expedia Group Stock Performance

Shares of Expedia Group stock traded down $1.10 during trading hours on Monday, reaching $184.99. The company had a trading volume of 1,346,383 shares, compared to its average volume of 1,056,028. The firm has a market cap of $23.74 billion, a PE ratio of 23.81, a price-to-earnings-growth ratio of 1.07 and a beta of 1.83. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $192.34. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. The business has a fifty day simple moving average of $180.79 and a 200 day simple moving average of $152.05.

Expedia Group 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.