Oddo BHF Asset Management Sas Makes New $1.93 Million Investment in Expedia Group, Inc. (NASDAQ:EXPE)

Oddo BHF Asset Management Sas acquired a new position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,038 shares of the online travel company's stock, valued at approximately $1,930,000.

Other hedge funds have also recently bought and sold shares of the company. Windacre Partnership LLC boosted its stake in shares of Expedia Group by 49.5% during the 3rd quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company's stock worth $639,994,000 after acquiring an additional 1,431,500 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in Expedia Group by 22.5% in the 3rd quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company's stock worth $481,170,000 after purchasing an additional 596,510 shares during the last quarter. Geode Capital Management LLC boosted its position in Expedia Group by 0.6% during the third quarter. Geode Capital Management LLC now owns 3,197,927 shares of the online travel company's stock worth $472,212,000 after purchasing an additional 20,005 shares during the period. Fisher Asset Management LLC grew its holdings in Expedia Group by 9.4% during the third quarter. Fisher Asset Management LLC now owns 1,689,485 shares of the online travel company's stock valued at $250,078,000 after purchasing an additional 144,579 shares during the last quarter. Finally, Alkeon Capital Management LLC raised its position in shares of Expedia Group by 46.3% in the third quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company's stock valued at $233,349,000 after purchasing an additional 498,934 shares during the period. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Price Performance

Shares of NASDAQ:EXPE traded down $1.56 on Friday, hitting $183.00. The stock had a trading volume of 871,843 shares, compared to its average volume of 2,085,598. The firm's 50 day moving average price is $171.80 and its 200-day moving average price is $144.68. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $192.34. The company has a market capitalization of $23.49 billion, a price-to-earnings ratio of 23.55, a price-to-earnings-growth ratio of 1.07 and a beta of 1.84.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on EXPE shares. Wells Fargo & Company raised their target price on shares of Expedia Group from $130.00 to $159.00 and gave the company an "equal weight" rating in a research note on Tuesday, October 8th. Deutsche Bank Aktiengesellschaft downgraded Expedia Group from a "buy" rating to a "hold" rating in a research report on Friday, November 8th. Wedbush boosted their price objective on Expedia Group from $130.00 to $180.00 and gave the stock a "neutral" rating in a research report on Friday, November 8th. Bank of America raised their target price on Expedia Group from $144.00 to $166.00 and gave the company a "neutral" rating in a report on Friday, October 25th. Finally, StockNews.com upgraded Expedia Group from a "buy" rating to a "strong-buy" rating in a report on Saturday. Twenty investment 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's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $167.67.

Insider Activity at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction on Friday, September 27th. The stock was 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 in the company, valued at approximately $31,319,536.05. The trade was a 4.58 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Lance A. Soliday sold 7,000 shares of the business's stock in a transaction on Thursday, November 14th. The stock was 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 represents a 38.49 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 38,951 shares of company stock valued at $6,197,710 in the last ninety days. Insiders own 6.80% of the company's stock.

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.