Teachers Retirement System of The State of Kentucky Purchases 11,223 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Teachers Retirement System of The State of Kentucky raised its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 6.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 181,878 shares of the online travel company's stock after acquiring an additional 11,223 shares during the period. Teachers Retirement System of The State of Kentucky owned approximately 0.14% of Expedia Group worth $26,921,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Innealta Capital LLC bought a new stake in Expedia Group during the 2nd quarter valued at approximately $27,000. Blue Trust Inc. lifted its holdings in shares of Expedia Group by 93.8% during the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company's stock worth $30,000 after buying an additional 105 shares during the last quarter. Venturi Wealth Management LLC boosted its position in shares of Expedia Group by 709.8% in the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company's stock valued at $49,000 after acquiring an additional 291 shares during the period. Brooklyn Investment Group acquired a new stake in shares of Expedia Group in the third quarter worth $51,000. Finally, Future Financial Wealth Managment LLC acquired a new position in Expedia Group during the 3rd quarter valued at $74,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following the completion of the sale, the insider now directly owns 85,250 shares of the company's stock, valued at approximately $15,345,000. This trade represents a 2.24 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Lance A. Soliday sold 7,000 shares of Expedia Group stock in a transaction dated 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. The trade was a 38.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 38,951 shares of company stock worth $6,197,710 in the last quarter. Insiders own 6.80% of the company's stock.

Expedia Group Price Performance

Shares of NASDAQ EXPE traded up $1.88 during trading on Wednesday, reaching $190.29. The company had a trading volume of 887,146 shares, compared to its average volume of 2,092,919. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $192.34. The business's 50 day moving average price is $169.54 and its 200-day moving average price is $143.57. The stock has a market cap of $24.42 billion, a PE ratio of 24.49, a PEG ratio of 0.75 and a beta of 1.84. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73.

Analyst Ratings Changes

Several research firms have issued reports on EXPE. Robert W. Baird initiated coverage on shares of Expedia Group in a research report on Wednesday, November 27th. They issued an "outperform" rating and a $225.00 price target on the stock. DA Davidson boosted their price target on Expedia Group from $135.00 to $190.00 and gave the company a "neutral" rating in a research note on Monday, November 18th. Wells Fargo & Company raised their price objective on Expedia Group from $130.00 to $159.00 and gave the stock an "equal weight" rating in a research report on Tuesday, October 8th. Truist Financial began coverage on Expedia Group in a research report on Friday, September 6th. They set a "hold" rating and a $148.00 price objective on the stock. Finally, Wedbush raised their target price on Expedia Group from $130.00 to $180.00 and gave the stock a "neutral" rating in a research report on Friday, November 8th. Twenty equities research analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Expedia Group has an average rating of "Hold" and a consensus target price of $167.67.

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.