Friedenthal Financial Makes New Investment in Expedia Group, Inc. (NASDAQ:EXPE)

Friedenthal Financial acquired a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 4,293 shares of the online travel company's stock, valued at approximately $800,000.

Several other hedge funds also recently modified their holdings of the company. Daiwa Securities Group Inc. lifted its holdings in shares of Expedia Group by 3.8% during the second quarter. Daiwa Securities Group Inc. now owns 16,048 shares of the online travel company's stock worth $2,022,000 after purchasing an additional 594 shares during the period. Oppenheimer Asset Management Inc. lifted its holdings in Expedia Group by 32.6% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 17,281 shares of the online travel company's stock worth $2,177,000 after buying an additional 4,244 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Expedia Group by 8.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 217,286 shares of the online travel company's stock worth $27,376,000 after buying an additional 16,856 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Expedia Group by 14.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,054,485 shares of the online travel company's stock valued at $132,851,000 after buying an additional 135,973 shares during the last quarter. Finally, Stock Yards Bank & Trust Co. grew its position in shares of Expedia Group by 1.4% in the 2nd quarter. Stock Yards Bank & Trust Co. now owns 186,289 shares of the online travel company's stock valued at $23,471,000 after buying an additional 2,521 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company's stock.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the company's stock in a transaction on Friday, November 1st. The stock was sold at an average price of $156.87, for a total value of $1,568,700.00. Following the completion of the transaction, the director now owns 188,505 shares in the company, valued at $29,570,779.35. This represents a 5.04 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 sale, the insider now owns 85,250 shares in the company, valued at $15,345,000. The trade was a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 28,951 shares of company stock worth $5,045,310. Insiders own 6.80% of the company's stock.

Wall Street Analysts Forecast Growth

EXPE has been the topic of several analyst reports. The Goldman Sachs Group upped their target price on Expedia Group from $208.00 to $236.00 and gave the company a "buy" rating in a report on Friday. StockNews.com upgraded shares of Expedia Group from a "buy" rating to a "strong-buy" rating in a research report on Saturday, December 14th. Bank of America raised shares of Expedia Group from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $187.00 to $221.00 in a research note on Wednesday, December 18th. Susquehanna upped their price target on shares of Expedia Group from $145.00 to $190.00 and gave the company a "neutral" rating in a research report on Monday, November 11th. Finally, Cantor Fitzgerald reissued a "neutral" rating and issued a $130.00 price objective on shares of Expedia Group in a research report on Monday, October 7th. Twenty research analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, Expedia Group currently has a consensus rating of "Hold" and an average target price of $175.64.

Expedia Group Stock Up 0.6 %

Shares of EXPE stock traded up $1.10 on Monday, hitting $181.30. The stock had a trading volume of 1,098,908 shares, compared to its average volume of 1,122,928. 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 50 day moving average of $183.58 and a 200 day moving average of $154.38. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $192.34. The stock has a market cap of $23.27 billion, a price-to-earnings ratio of 23.33, a price-to-earnings-growth ratio of 1.03 and a beta of 1.83.

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.