Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio cut its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 8.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,080 shares of the online travel company's stock after selling 5,866 shares during the period. Public Employees Retirement System of Ohio's holdings in Expedia Group were worth $8,893,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in EXPE. 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 worth $639,994,000 after purchasing an additional 1,431,500 shares during the period. Pacer Advisors Inc. lifted its holdings in Expedia Group by 22.5% in the third quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company's stock valued at $481,170,000 after acquiring an additional 596,510 shares during the last quarter. Fisher Asset Management LLC increased its stake 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 worth $250,078,000 after acquiring an additional 144,579 shares during the last quarter. Alkeon Capital Management LLC lifted its stake 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 purchasing an additional 498,934 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Expedia Group by 14.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,054,485 shares of the online travel company's stock worth $132,851,000 after purchasing an additional 135,973 shares during the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Expedia Group Price Performance

Expedia Group stock traded down $1.56 during trading hours on Friday, hitting $183.00. The stock had a trading volume of 871,843 shares, compared to its average volume of 2,085,598. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $192.34. The stock has a market capitalization of $23.49 billion, a price-to-earnings ratio of 23.75, a PEG ratio of 1.07 and a beta of 1.84. The stock's fifty day moving average is $171.15 and its two-hundred day moving average is $144.18. 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 news, Director Dara Khosrowshahi sold 10,000 shares of the firm's stock in a transaction on Friday, October 4th. The stock was sold at an average price of $150.18, for a total transaction of $1,501,800.00. Following the sale, the director now 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Robert J. Dzielak sold 1,951 shares of the company's stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $180.00, for a total transaction of $351,180.00. Following the transaction, the insider now directly owns 85,250 shares of the company's stock, valued at approximately $15,345,000. This represents a 2.24 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 38,951 shares of company stock worth $6,197,710. Insiders own 6.80% of the company's stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft lowered shares of Expedia Group from a "buy" rating to a "hold" rating in a research note on Friday, November 8th. Baird R W raised Expedia Group to a "strong-buy" rating in a research report on Wednesday, November 27th. Bank of America raised their price target on Expedia Group from $144.00 to $166.00 and gave the stock a "neutral" rating in a research report on Friday, October 25th. Susquehanna increased their target price on Expedia Group from $145.00 to $190.00 and gave the stock a "neutral" rating in a research note on Monday, November 11th. Finally, Jefferies Financial Group boosted their price target on shares of Expedia Group from $145.00 to $160.00 and gave the stock a "hold" rating in a research note on Tuesday, October 22nd. Twenty equities research 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. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $167.67.

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.