Fifth Third Wealth Advisors LLC acquired a new stake in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 1,372 shares of the online travel company's stock, valued at approximately $256,000.
Several other large investors also recently modified their holdings of the stock. Windacre Partnership LLC grew its stake in shares of Expedia Group by 49.5% in the 3rd quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company's stock valued at $639,994,000 after purchasing an additional 1,431,500 shares during the period. Pacer Advisors Inc. grew its stake in shares of Expedia Group by 22.5% in the 3rd quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company's stock valued at $481,170,000 after purchasing an additional 596,510 shares during the period. Geode Capital Management LLC grew its stake in shares of Expedia Group by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 3,197,927 shares of the online travel company's stock valued at $472,212,000 after purchasing an additional 20,005 shares during the period. Fisher Asset Management LLC grew its position in Expedia Group by 9.4% during the 3rd quarter. Fisher Asset Management LLC now owns 1,689,485 shares of the online travel company's stock worth $250,078,000 after acquiring an additional 144,579 shares during the last quarter. Finally, Alkeon Capital Management LLC grew its position in Expedia Group by 46.3% during the 3rd quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company's stock worth $233,349,000 after acquiring an additional 498,934 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.
Insider Activity
In related news, insider Robert J. Dzielak sold 1,951 shares of the firm's stock in a transaction dated Thursday, November 21st. The shares were 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 in the company, valued at approximately $15,345,000. This trade represents a 2.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Lance A. Soliday sold 7,000 shares of the firm's stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $181.99, for a total transaction 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 $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 sold 28,951 shares of company stock worth $5,045,310 in the last quarter. Corporate insiders own 6.80% of the company's stock.
Analyst Upgrades and Downgrades
A number of equities research analysts recently commented on the company. UBS Group increased their price target on Expedia Group from $137.00 to $156.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 23rd. 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 research report on Tuesday, October 22nd. Deutsche Bank Aktiengesellschaft lowered Expedia Group from a "buy" rating to a "hold" rating in a research report on Friday, November 8th. JMP Securities restated a "market perform" rating on shares of Expedia Group in a research report on Monday, December 16th. Finally, TD Cowen lowered Expedia Group from a "buy" rating to a "hold" rating and increased their price target for the stock from $130.00 to $150.00 in a research report on Wednesday, September 25th. Twenty analysts have rated the stock with a hold rating, ten have issued a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat.com, Expedia Group presently has a consensus rating of "Hold" and a consensus price target of $175.96.
Check Out Our Latest Stock Analysis on EXPE
Expedia Group Stock Down 0.7 %
Shares of NASDAQ EXPE traded down $1.39 during mid-day trading on Friday, hitting $187.28. The company had a trading volume of 1,909,774 shares, compared to its average volume of 1,148,496. The company has a market capitalization of $24.04 billion, a PE ratio of 24.10, a price-to-earnings-growth ratio of 0.81 and a beta of 1.83. The firm has a 50-day simple moving average of $184.66 and a two-hundred day simple moving average of $155.92. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $192.34.
Expedia Group Profile
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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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