National Bank of Canada FI Increases Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

National Bank of Canada FI grew its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 32.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 57,465 shares of the online travel company's stock after acquiring an additional 14,157 shares during the quarter. National Bank of Canada FI's holdings in Expedia Group were worth $8,506,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Windacre Partnership LLC raised its stake in Expedia Group by 49.5% during the third 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 in the last quarter. Pacer Advisors Inc. raised its position in shares of Expedia Group by 36.8% during the 2nd quarter. Pacer Advisors Inc. now owns 2,654,200 shares of the online travel company's stock valued at $334,403,000 after buying an additional 714,229 shares in the last quarter. Alkeon Capital Management LLC lifted its holdings in shares of Expedia Group by 46.3% in the 3rd quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company's stock valued at $233,349,000 after acquiring an additional 498,934 shares during the last quarter. Point72 Asset Management L.P. grew its position in Expedia Group by 1,649.4% in the second quarter. Point72 Asset Management L.P. now owns 407,605 shares of the online travel company's stock worth $51,354,000 after acquiring an additional 384,305 shares in the last quarter. Finally, AustralianSuper Pty Ltd increased its stake in Expedia Group by 88.8% during the second quarter. AustralianSuper Pty Ltd now owns 753,260 shares of the online travel company's stock worth $94,903,000 after acquiring an additional 354,389 shares during the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on EXPE shares. BTIG Research lifted their target price on Expedia Group from $175.00 to $200.00 and gave the stock a "buy" rating in a report on Friday, November 8th. DA Davidson boosted their price objective 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. Benchmark raised their target price on shares of Expedia Group from $180.00 to $200.00 and gave the stock a "buy" rating in a report on Friday, November 8th. Wedbush upped their price target on shares of Expedia Group from $130.00 to $180.00 and gave the company a "neutral" rating in a report on Friday, November 8th. Finally, Morgan Stanley boosted their target price on Expedia Group from $150.00 to $180.00 and gave the company an "equal weight" rating in a research report on Friday, November 22nd. Twenty equities research analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, Expedia Group currently has an average rating of "Hold" and an average target price of $167.67.

Insider Activity at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 7,000 shares of Expedia Group stock in a transaction that occurred on 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 directly owns 11,187 shares in the company, valued at approximately $2,035,922.13. The trade was a 38.49 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the company's stock in a transaction on Friday, October 4th. The shares were sold at an average price of $150.18, for a total transaction of $1,501,800.00. Following the completion of the sale, the director now directly owns 198,505 shares in the company, valued at $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 a total of 38,951 shares of company stock valued at $6,197,710 in the last ninety days. Company insiders own 6.80% of the company's stock.

Expedia Group Stock Performance

Expedia Group stock traded down $5.73 during mid-day trading on Thursday, reaching $184.56. 1,234,686 shares of the company traded hands, compared to its average volume of 2,089,396. The firm's fifty day moving average is $170.39 and its two-hundred day moving average is $143.89. The company has a market capitalization of $23.69 billion, a price-to-earnings ratio of 24.26, a price-to-earnings-growth ratio of 0.75 and a beta of 1.84. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week 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.

About Expedia Group

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.