Swiss National Bank Sells 10,400 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Swiss National Bank lessened its position in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 2.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 376,791 shares of the online travel company's stock after selling 10,400 shares during the period. Swiss National Bank owned approximately 0.29% of Expedia Group worth $55,773,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Seizert Capital Partners LLC grew its stake in Expedia Group by 3.3% in the 3rd quarter. Seizert Capital Partners LLC now owns 343,232 shares of the online travel company's stock worth $50,805,000 after buying an additional 11,048 shares in the last quarter. Natixis Advisors LLC boosted its position in Expedia Group by 21.3% during the 3rd quarter. Natixis Advisors LLC now owns 80,869 shares of the online travel company's stock valued at $11,971,000 after buying an additional 14,177 shares during the period. Empirical Finance LLC boosted its position in Expedia Group by 1.3% during the 3rd quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company's stock valued at $704,000 after buying an additional 63 shares during the period. First Business Financial Services Inc. boosted its position in Expedia Group by 2.0% during the 3rd quarter. First Business Financial Services Inc. now owns 9,940 shares of the online travel company's stock valued at $1,471,000 after buying an additional 193 shares during the period. Finally, CIBC Asset Management Inc boosted its position in Expedia Group by 6.8% during the 3rd quarter. CIBC Asset Management Inc now owns 18,355 shares of the online travel company's stock valued at $2,717,000 after buying an additional 1,163 shares during the period. Institutional investors own 90.76% of the company's stock.

Insider Activity

In related news, Director Dara Khosrowshahi sold 10,000 shares of the business's stock in a transaction on Friday, October 4th. The shares were sold at an average price of $150.18, for a total value of $1,501,800.00. Following the sale, the director now owns 198,505 shares in the company, valued at approximately $29,811,480.90. The trade was a 4.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible 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 transaction of $1,273,930.00. Following the completion of the sale, the chief accounting officer now owns 11,187 shares in the company, valued at $2,035,922.13. This represents a 38.49 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 37,000 shares of company stock worth $5,846,530 over the last quarter. Insiders own 6.80% of the company's stock.

Analysts Set New Price Targets

EXPE has been the subject of several research reports. Wells Fargo & Company upped their price objective on shares of Expedia Group from $130.00 to $159.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 8th. Citigroup increased their price target on shares of Expedia Group from $140.00 to $145.00 and gave the stock a "neutral" rating in a research note on Friday, August 9th. Cantor Fitzgerald reiterated a "neutral" rating and issued a $130.00 price target on shares of Expedia Group in a research note on Monday, October 7th. Jefferies Financial Group increased 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. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Expedia Group from a "buy" rating to a "hold" rating in a research note on Friday, November 8th. Nineteen equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, Expedia Group currently has an average rating of "Hold" and a consensus price target of $164.88.

Expedia Group Stock Performance

NASDAQ EXPE traded up $2.04 on Wednesday, reaching $179.10. 1,110,670 shares of the stock were exchanged, compared to its average volume of 2,160,715. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $190.40. The firm has a market capitalization of $22.99 billion, a PE ratio of 22.79, a PEG ratio of 0.71 and a beta of 1.78. The company's 50-day simple moving average is $156.32 and its two-hundred day simple moving average is $135.83. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03.

Expedia Group 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.