iA Global Asset Management Inc. increased its holdings in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 205.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,390 shares of the online travel company's stock after buying an additional 4,969 shares during the period. iA Global Asset Management Inc.'s holdings in Expedia Group were worth $1,094,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. Innealta Capital LLC purchased a new position in Expedia Group in the second quarter valued at $27,000. Blue Trust Inc. increased its position in 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 in the last quarter. Venturi Wealth Management LLC grew its holdings in Expedia Group by 709.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company's stock valued at $49,000 after buying an additional 291 shares during the period. Brooklyn Investment Group purchased a new stake in Expedia Group during the third quarter valued at about $51,000. Finally, Strategic Financial Concepts LLC purchased a new position in Expedia Group in the second quarter valued at about $65,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.
Expedia Group Trading Down 0.6 %
Shares of NASDAQ:EXPE traded down $1.11 during mid-day trading on Tuesday, reaching $188.41. 1,062,136 shares of the company were exchanged, compared to its average volume of 2,099,300. The firm has a market cap of $24.18 billion, a price-to-earnings ratio of 24.25, a P/E/G ratio of 0.75 and a beta of 1.84. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $192.34. The firm's 50-day simple moving average is $168.71 and its 200 day simple moving average is $143.02.
Insider Buying and Selling at Expedia Group
In other news, CAO Lance A. Soliday sold 7,000 shares of the company's stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $181.99, for a total value of $1,273,930.00. Following the transaction, the chief accounting officer now directly owns 11,187 shares of the company's stock, valued at approximately $2,035,922.13. This represents a 38.49 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the business's stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $150.18, for a total value of $1,501,800.00. Following the completion of the sale, the director now owns 198,505 shares of the company's stock, valued at approximately $29,811,480.90. This trade represents a 4.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 38,951 shares of company stock valued at $6,197,710 over the last quarter. Corporate insiders own 6.80% of the company's stock.
Wall Street Analysts Forecast Growth
A number of analysts have commented on the stock. DA Davidson raised their target price on Expedia Group from $135.00 to $190.00 and gave the stock a "neutral" rating in a research report on Monday, November 18th. Baird R W upgraded shares of Expedia Group to a "strong-buy" rating in a research note on Wednesday, November 27th. Bank of America upped their price objective on Expedia Group from $144.00 to $166.00 and gave the stock a "neutral" rating in a report on Friday, October 25th. Oppenheimer upped their target price on shares of Expedia Group from $155.00 to $210.00 and gave the stock an "outperform" rating in a research note on Friday, November 8th. Finally, Barclays upped their price objective on shares of Expedia Group from $134.00 to $153.00 and gave the company an "equal weight" rating in a report on Friday, November 8th. Twenty analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Expedia Group currently has a consensus rating of "Hold" and a consensus price target of $167.67.
Read Our Latest Research Report on EXPE
Expedia Group Company Profile
(
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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