Kovitz Investment Group Partners LLC increased its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 165.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,860 shares of the online travel company's stock after buying an additional 3,030 shares during the period. Kovitz Investment Group Partners LLC's holdings in Expedia Group were worth $719,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Innealta Capital LLC purchased a new stake in shares of Expedia Group during the 2nd quarter worth about $27,000. Blue Trust Inc. raised its holdings in Expedia Group by 93.8% in the 2nd quarter. Blue Trust Inc. now owns 217 shares of the online travel company's stock worth $30,000 after purchasing an additional 105 shares during the period. Venturi Wealth Management LLC boosted its position in Expedia Group by 709.8% during the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company's stock worth $49,000 after purchasing an additional 291 shares in the last quarter. Brooklyn Investment Group acquired a new stake in Expedia Group in the third quarter valued at approximately $51,000. Finally, Future Financial Wealth Managment LLC purchased a new stake in shares of Expedia Group in the third quarter valued at approximately $74,000. Institutional investors and hedge funds own 90.76% of the company's stock.
Expedia Group Trading Down 2.5 %
Shares of NASDAQ:EXPE traded down $4.75 during mid-day trading on Thursday, reaching $185.54. 682,979 shares of the company were exchanged, compared to its average volume of 2,088,050. The firm has a market cap of $23.81 billion, a price-to-earnings ratio of 24.26, 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 $170.39 and its 200 day simple moving average is $143.89.
Insider Transactions at Expedia Group
In other news, Director Dara Khosrowshahi sold 10,000 shares of the firm's stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of $150.21, for a total value of $1,502,100.00. Following the completion of the transaction, the director now owns 208,505 shares of the company's stock, valued at approximately $31,319,536.05. This trade represents a 4.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction that occurred 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 transaction, the insider now owns 85,250 shares of the company's stock, valued at $15,345,000. This trade represents a 2.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 38,951 shares of company stock worth $6,197,710 over the last ninety days. Company insiders own 6.80% of the company's stock.
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on EXPE shares. UBS Group lifted their price target 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. JPMorgan Chase & Co. lifted their target price on shares of Expedia Group from $135.00 to $170.00 and gave the company a "neutral" rating in a research report on Friday, November 8th. Morgan Stanley boosted their target price on shares of Expedia Group from $150.00 to $180.00 and gave the stock an "equal weight" rating in a research note on Friday, November 22nd. Barclays lifted their price objective on Expedia Group from $134.00 to $153.00 and gave the stock an "equal weight" rating in a report on Friday, November 8th. Finally, Susquehanna increased their target price on Expedia Group from $145.00 to $190.00 and gave the company a "neutral" rating in a report on Monday, November 11th. Twenty analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Expedia Group presently has a consensus rating of "Hold" and a consensus target price of $167.67.
Check Out Our Latest Stock Analysis on EXPE
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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