Chartwell Investment Partners LLC Sells 3,921 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Chartwell Investment Partners LLC decreased its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 9.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 39,255 shares of the online travel company's stock after selling 3,921 shares during the period. Chartwell Investment Partners LLC's holdings in Expedia Group were worth $5,810,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Cozad Asset Management Inc. lifted its stake in shares of 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 buying an additional 4,449 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in Expedia Group by 13.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company's stock worth $96,171,000 after acquiring an additional 75,120 shares during the period. DoubleLine ETF Adviser LP purchased a new position in shares of Expedia Group in the 2nd quarter worth approximately $465,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Expedia Group by 18.3% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 154,867 shares of the online travel company's stock worth $21,333,000 after acquiring an additional 23,939 shares during the last quarter. Finally, Swedbank AB increased its holdings 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 purchasing an additional 8,026 shares in the last quarter. Institutional investors own 90.76% of the company's stock.

Insider Activity at Expedia Group

In other news, insider Robert J. Dzielak sold 12,602 shares of the stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $131.50, for a total value of $1,657,163.00. Following the completion of the sale, the insider now owns 89,960 shares in the company, valued at approximately $11,829,740. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Expedia Group news, insider Robert J. Dzielak sold 12,602 shares of the stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $131.50, for a total value of $1,657,163.00. Following the sale, the insider now directly owns 89,960 shares of the company's stock, valued at $11,829,740. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Robert J. Dzielak sold 5,417 shares of the stock in a transaction dated 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 sale, the insider now directly owns 84,543 shares in the company, valued at approximately $11,379,487.80. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 48,019 shares of company stock worth $6,958,891. 6.80% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

EXPE has been the subject of a number of recent analyst reports. Oppenheimer raised their price target on shares of Expedia Group from $155.00 to $210.00 and gave the stock an "outperform" rating in a report on Friday. Jefferies Financial Group increased 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. Wedbush raised their price target on Expedia Group from $130.00 to $180.00 and gave the company a "neutral" rating in a research report on Friday. StockNews.com cut shares of Expedia Group from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Finally, Citigroup increased their price objective on shares of Expedia Group from $140.00 to $145.00 and gave the company a "neutral" rating in a research note on Friday, August 9th. Twenty research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, Expedia Group has an average rating of "Hold" and a consensus target price of $161.62.

Expedia Group Price Performance

Shares of NASDAQ:EXPE traded down $2.32 during midday trading on Tuesday, hitting $182.00. 1,687,930 shares of the stock were exchanged, compared to its average volume of 2,181,781. The company has a 50 day moving average price of $150.71 and a 200-day moving average price of $133.78. The stock has a market cap of $23.69 billion, a P/E ratio of 23.72, a PEG ratio of 0.70 and a beta of 1.78. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $190.40. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 2.45.

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.