Kera Capital Partners Inc. bought a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 1,430 shares of the online travel company's stock, valued at approximately $266,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. 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 bought a new stake in Expedia Group in the 3rd quarter valued at $51,000. Future Financial Wealth Managment LLC acquired a new stake in Expedia Group in the 3rd quarter worth $74,000. Versant Capital Management Inc increased its holdings in shares of Expedia Group by 299.3% during the 4th quarter. Versant Capital Management Inc now owns 559 shares of the online travel company's stock worth $104,000 after purchasing an additional 419 shares during the period. Finally, Ashton Thomas Securities LLC acquired a new position in shares of Expedia Group during the third quarter valued at about $118,000. Institutional investors and hedge funds own 90.76% of the company's stock.
Analyst Ratings Changes
Several research firms have commented on EXPE. Cantor Fitzgerald reaffirmed a "neutral" rating and issued a $130.00 price target on shares of Expedia Group in a report on Monday, October 7th. TD Cowen lowered Expedia Group from a "buy" rating to a "hold" rating and upped their target price for the company from $130.00 to $150.00 in a research note on Wednesday, September 25th. Wells Fargo & Company decreased their price target on shares of Expedia Group from $172.00 to $168.00 and set an "equal weight" rating on the stock in a research note on Thursday. UBS Group increased their price objective on shares of Expedia Group from $137.00 to $156.00 and gave the company a "neutral" rating in a research note on Wednesday, October 23rd. Finally, DA Davidson lifted their target price on shares of Expedia Group from $135.00 to $190.00 and gave the company a "neutral" rating in a research report on Monday, November 18th. Twenty equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $175.96.
View Our Latest Report on EXPE
Expedia Group Trading Down 0.7 %
Shares of EXPE stock traded down $1.39 on Friday, reaching $187.28. 1,909,774 shares of the stock were exchanged, compared to its average volume of 1,148,496. The stock has a 50 day moving average price of $184.66 and a 200 day moving average price of $156.14. The stock has a market cap of $24.04 billion, a PE ratio of 24.10, a P/E/G ratio of 0.81 and a beta of 1.83. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $192.34. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73.
Insiders Place Their Bets
In other Expedia Group news, insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total transaction of $351,180.00. Following the completion of the sale, the insider now owns 85,250 shares of the company's stock, valued at approximately $15,345,000. The trade was a 2.24 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Lance A. Soliday sold 7,000 shares of the 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 completion of the transaction, the chief accounting officer now directly owns 11,187 shares in the company, valued at approximately $2,035,922.13. This trade represents a 38.49 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 28,951 shares of company stock valued at $5,045,310. 6.80% of the stock is currently owned by insiders.
About Expedia Group
(
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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